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Property profile & analytics
FOR LEASE
Office Spaces
657 E Broadway Blvd Jefferson City, TN 37760
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1989513
For Lease
1 / 16
$14 SF/Yr
657 E Broadway Blvd, Jefferson City, TN 37760
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Property summary
AI-generated overview
This exceptional Class A medical office building, located at 657 E. Broadway Blvd in Jefferson City, Tennessee, presents a unique leasing opportunity. The property boasts a total of 12,015 square feet across two stories, situated on a generous 6.09-acre lot. Currently, a single, 2,800-square-foot suite is available for lease, ideal for a variety of medical practices. Built in 1985, the building features ample parking to accommodate patients and staff. The property's convenient location offers excellent visibility and accessibility, enhanced by a drive-up window—a feature particularly beneficial for pharmacies or other businesses requiring quick customer service. The versatile layout of the available suite allows for customization to meet specific business needs. The property's Jefferson County location, with a zip code of 37760, provides easy access to local amenities and a strong patient base. This is a rare opportunity to secure a prime medical office space in a thriving Tennessee community. The property's APN is 015 82.02.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1993
Total area
6,288 SF
Lot
0.52 ac (22,651 SF)
Zoning code
R-1
APN
015O C 00100 002
UPID
US80-1989513
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
-
Donna Dillard Pediatrician Physician
-
Paul Cardali Physician
-
Jana Bunsic Pediatrician Physician
-
Rual Swanson Pediatrician Physician
-
Drew Moncrief Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$975k
Owner & transaction history
Aqueel Kouser · 12 yrs held
Aqueel Kouser
since 2013
3 recorded transactions
Zoning & alternative use
R-1 · Jefferson City, TN
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 Jefferson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10%
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
$155 / 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
Property tax & assessments
Assessed value
$221,440
Assessed 2023
Previous assessed
$221,440
+0.0% YoY
Assessed land
$49,520
Assessed improvement
$171,920
Land market value
$123,800
Improvement market value
$429,800
Total market value
$553,600
Applied tax rate
45.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1993
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
21
Bathrooms
7
Total area
6,288 SF
Lot
0.52 ac (22,651 SF)
Zoning code
R-1
APN
015O C 00100 002
UPID
US80-1989513
Jurisdiction
JEFFERSON
Zoning & alternative use
R-1 · Jefferson City, TN
Zoning R-1 · permitted uses
R-1 · Jefferson City, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jefferson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
21
Bathrooms
7
Lot
0.52 ac
Current owner
From public records · entity-resolved
Aqueel Kouser
Individual
Mailing address
8948 HEMINGWAY GRV CIR, KNOXVILLE, TN 37922-8087
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
—
Kouser Family Limited Ptnshp 3
—
Deed
related
$1,500,000 · Andrew Johnson Bank
Jul 26, 2013
$1,100,000
Aqueel Kouser
Crown Hill Enterprises LLC
Warranty Deed
$800,000 · First Tennessee Bank NA
Oct 26, 2007
—
Crown Hill Enterprises LLC
Hayes,h David & Sharon
Quit Claim Deed
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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