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Property profile & analytics
OFF-MARKET
Estimated value
$15,410,000
Medical Office Space
668 Mdw Vw Rd, Bristol, TN 37620
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1434062
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
STEEL FRAME
Total area
85,950 SF
Lot
5.03 ac (219,107 SF)
Zoning code
PBD
APN
082019 12810
UPID
US80-1434062
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.25M
Comparable Approach
Comparable
$16.42M
Blend (final)
Blend
$15.41M
Owner & transaction history
Aw Sapling Grove LLC · 5 yrs held
Aw Sapling Grove LLC
since 2021
Last sale
$15.3M
3 recorded transactions
Zoning & alternative use
PBD · Bristol, 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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
$15,815,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,515,000
6.5%
$15,245,000
7%
$14,155,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,170,000
Current use
Blend value · Realmo final
$15.41M
Range $13.87M – $16.95M · ±10% · vs last sale $15.29M (May 27 2021)
Last sale anchor
$15.29M
May 27 2021
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
$179 / 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
$5,083,840
Assessed 2023
Previous assessed
$5,083,840
+0.0% YoY
Assessed land
$128,760
Assessed improvement
$4,955,080
Land market value
$321,900
Improvement market value
$12,387,700
Total market value
$12,709,600
Applied tax rate
82.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
73
Total area
85,950 SF
Lot
5.03 ac (219,107 SF)
Zoning code
PBD
APN
082019 12810
UPID
US80-1434062
Jurisdiction
SULLIVAN
Zoning & alternative use
PBD · Bristol, TN
Zoning PBD · permitted uses
PBD · Bristol, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$11.2M
MEDICAL BUILDING Current
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
1998
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
73
Lot
5.03 ac
Current owner
From public records · entity-resolved
Aw Sapling Grove LLC
Entity
Mailing address
11780 US HWY 1ST STE #305, NORTH PALM BEACH, FL 33408-3042
Ownership since
2021
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
May 27, 2021
$15,290,216
Aw Sapling Grove LLC
Hta Sapling Grove LLC
Special Warranty Deed
$55,530 · Capital One Bank NA
Mar 30, 2011
$17,445,000
Hta-sapling Grove LLC
Comprehensive Care Gp
Grant Deed
—
Jun 2, 1994
$15,000
Donnie W Morrell
Unknown,
Grant Deed
$43,000 · Twin City Federal
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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