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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Medical Office Space
56 Main St Munford, TN 38058-6054
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1643286
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Total area
3,964 SF
Lot
0.48 ac (20,909 SF)
APN
084095M D 00400
UPID
US80-1643286
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. George W. Chambers, MD Physician
-
Covington Internal Physicians Alternative Medicine Practice Physician
-
Tamekia Hall Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
56 Main Street LLC · 1 yrs held
56 Main Street LLC
since 2024
Last sale
$555,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Munford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Munford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$555,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$365,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $555k (Nov 27 2024)
Last sale anchor
$555k
Nov 27 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$140 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,097
Tax year 2022
Assessed value
$135,560
Assessed 2023
Previous assessed
$127,640
+6.2% YoY
Effective rate
3.02%
On assessed value
Assessed land
$16,200
Assessed improvement
$119,360
Land market value
$40,500
Improvement market value
$298,400
Total market value
$338,900
Applied tax rate
84.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1991
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
5
Total area
3,964 SF
Lot
0.48 ac (20,909 SF)
APN
084095M D 00400
UPID
US80-1643286
Jurisdiction
TIPTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$365,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
0.48 ac
Current owner
From public records · entity-resolved
56 Main Street LLC
Entity
Mailing address
96 CHRISTIE AVE, MUNFORD, TN 38058-4700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
56 Main Street LLC
—
Deed
related
$484,000 · Insouth Bank
Dec 30, 2024
—
56 Main Street LLC
—
Deed
related
$60,500 · Insouth Bank
Nov 27, 2024
$555,000
56 Main Street LLC
Jswm Management Company LLC
Warranty Deed
$484,000 · Insouth Bank
Sep 30, 1993
$275,828
Methodist Hospitals Of
Unknown
Grant Deed
—
—
—
Jswm Management Co LLC
—
Deed Of Trust
related
—
—
—
Jswm Management Co LLC
—
Deed Of Trust
related
$49,506 · Insouth Bank
—
—
Jswm Management Co LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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