625 Main St Hendersonville, TN 37075-2602
Entity Owned
6-yr Hold
~
Est. High Equity
Estimated value (blended)
$2.13M
Range $1.91M – $2.34M (±10%)
Implied cap rate
8.70%
In-place · NOI ÷ last sale
Property ID
US80-1351143
Property summary
AI-generated overview
This exceptional 1,750 square foot office space is available for lease at 625 E Main St, Hendersonville, TN. Located on a 0.97-acre lot in Hendersonville's thriving business district, this property offers unparalleled convenience and visibility. The versatile floor plan includes private offices, a spacious waiting room, a clerical window, a dedicated charting area/meeting room, and a convenient kitchen/break room. This layout is ideal for a variety of professional uses, including but not limited to medical offices, therapy practices, or other service-oriented businesses. The property's central location provides easy access to a wealth of amenities, including numerous restaurants and other businesses, making it attractive to both employees and clients. Signage opportunities are available, further enhancing the property's marketing potential. The asking price is $2195. A $50 application fee applies. The property is offered as a gross lease. Photos reflect the current tenant's configuration.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
14,436 SF
Lot
1 ac (43,560 SF)
Zoning code
OPS
APN
083158A A 00300
UPID
US80-1351143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pediatrician Physician
-
Pediatrician Medical Clinic
-
Pediatrician Medical Clinic
-
Pediatrician Medical Clinic
-
Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$2.13M
Owner & transaction history
since 2020
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
OPS · Hendersonville, TN
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.13M
Value range
$1.91M – $2.34M
±10% around blend
Estimated value / SF
$147 / SF
Confidence
None
1 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
10
$1.91M
blend $2.13M
$2.34M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,436 SF
Lot area
1 ac
Year built
1974
Stories
1
APN
083158A A 00300
Assessed value
$428,600
Annual tax
$14,186
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.48M
Weighted, 0 comps · none confidence
Evidence
1 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.13M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 30 sales
$368
-60%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $147/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.70%
Implied, in-place cap rate for this medical office space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.70%
9.0%
NOI (est.)
$95k *
Last sale · Feb 2020
$1.35M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.09M
Move the market yield to see immediate price impact.
Value / SF
$75
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.20%8.70%9.20%
$85k
$1.04M
$978k
$924k
$95k
$1.15M
$1.09M
$1.03M
$104k
$1.27M
$1.19M
$1.13M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,186
Tax year 2023
Assessed value
$428,600
Assessed 2023
Previous assessed
$428,600
+0.0% YoY
Effective rate
3.31%
On assessed value
Assessed land
$160,000
Assessed improvement
$268,600
Land market value
$400,000
Improvement market value
$671,500
Total market value
$1,071,500
Applied tax rate
83.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
13
Total area
14,436 SF
Lot
1 ac (43,560 SF)
Zoning code
OPS
APN
083158A A 00300
UPID
US80-1351143
Jurisdiction
SUMNER
Zoning & alternative use
OPS · Hendersonville, TNZoning OPS · permitted uses
OPS · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1974
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
13
Lot
1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OPS
Jurisdiction
Hendersonville, TN
Recorded code
OPS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OPS in Hendersonville, TN.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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