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Property profile & analytics
OFF-MARKET
Office Spaces
727 5th N St Morristown, TN 37814-3929
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-1906514
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1944
Construction
WOOD
Total area
1,088 SF
Lot
0.17 ac (7,405 SF)
Zoning code
OMP
APN
032033M H 01000
UPID
US80-1906514
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gabriel Sanchez Satey · 4 yrs held
Gabriel Sanchez Satey
since 2022
Last sale
$100,000
3 recorded transactions
Zoning & alternative use
OMP · Morristown, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide areas for professional, medical, and related businesses requiring separate buildings and building groups, it is the intent of the Office, Medical, and Professional District to provide a transition area in which offices may co exist with Medium Density Residential areas, in order to promote this mixed use environment, traf…
Zone name
Office Medical And Professional District
General category
MIXED_USE
Zone area
230.95 ac
Source
Realmo
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 Morristown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morristown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$21,750
Assessed 2023
Previous assessed
$34,800
-37.5% YoY
Assessed land
$5,925
Assessed improvement
$15,825
Land market value
$23,700
Improvement market value
$63,300
Total market value
$87,000
Applied tax rate
32.0000
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
Off-Market
Year built
1944
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
1,088 SF
Lot
0.17 ac (7,405 SF)
Zoning code
OMP
APN
032033M H 01000
UPID
US80-1906514
Jurisdiction
HAMBLEN
Zoning & alternative use
OMP · Morristown, TNZoning OMP · permitted uses
OMP · Morristown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to provide areas for professional, medical, and related businesses requiring separate buildings and building groups, it is the intent of the Office, Medical, and Professional District to provide a transition area in which offices may co exist with Medium Density Residential areas, in order to promote this mixed use environment, traffic and signage should be maintained at a minimal level
Zone name
Office Medical And Professional District
General category
MIXED_USE
Zone area
230.95 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1944
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gabriel Sanchez Satey
Individual
Free & Clear · 4 yrs held
Mailing address
727 W 5TH N ST, MORRISTOWN, TN 37814-3929
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jul 27, 2022
$100,000
Gabriel Sanchez Satey
Michael Bunch
Warranty Deed
—
Mar 25, 2022
$280,000
Michael J Bunch
The Bunch Family Limited Partnershi
Warranty Deed
$340,000 · The First Bank & Trust Co
Sep 17, 2018
$250,000
Bunch Family LP
Bonnett,patricia A
Warranty Deed
—
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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