Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Medical Office Space
7612 Poplar Pike Germantown, TN 38138-5941
Entity Owned
4-yr Hold
Property ID
US80-0891948
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1958
Construction
FRAME
Total area
2,556 SF
Lot
0.46 ac (20,038 SF)
Zoning code
OG
APN
G02-31T- -B-00004-C
UPID
US80-0891948
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
-
Rheumatology East Medical Clinic
-
Bradley Postlethwaite Physician
-
Dr. Douglas Dugard Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Poplar Pike LLC · 4 yrs held
Poplar Pike LLC
since 2022
Last sale
$715,000
2 recorded transactions
Zoning & alternative use
OG · Germantown, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ict (C-1) General commercial district (C-2) Shopping center district (SC-1) Office district (O) Office district (O-51) Office district (O-C office campus) Office district (O-T office technology) Old Germantown district (OG) Old Germantown district (OG-1) Smart growth suburban (T-3) Smart growth general urban (T-4) Smart growth urban restricted (T-4R) Smart g…
Zone name
Old Germantown District
General category
UNKNOWN
Zone area
55.89 ac
Source
code of ordinances
Top alternative use upside
Office building
$760,000
+107.8%
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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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
$595,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Change: +108% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $715k (Jul 12 2022)
Last sale anchor
$715k
Jul 12 2022
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
$233 / 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
$8,237
Tax year 2022
Assessed value
$162,680
Assessed 2023
Previous assessed
$162,680
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$64,200
Assessed improvement
$98,480
Land market value
$160,500
Improvement market value
$246,200
Total market value
$406,700
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
1958
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,556 SF
Lot
0.46 ac (20,038 SF)
Zoning code
OG
APN
G02-31T- -B-00004-C
UPID
US80-0891948
Jurisdiction
SHELBY
Zoning & alternative use
OG · Germantown, TNZoning OG · permitted uses
OG · Germantown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ict (C-1) General commercial district (C-2) Shopping center district (SC-1) Office district (O) Office district (O-51) Office district (O-C office campus) Office district (O-T office technology) Old Germantown district (OG) Old Germantown district (OG-1) Smart growth suburban (T-3) Smart growth general urban (T-4) Smart growth urban restricted (T-4R) Smart growth urban center (T-5) Smart growth urban center restricted (T-5R) Smart growth
Zone name
Old Germantown District
General category
UNKNOWN
Zone area
55.89 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$760,000
OFFICE BUILDING
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
1958
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Poplar Pike LLC
Entity
Mailing address
7612 POPLAR PIKE, MEMPHIS, TN 38138-5941
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2022
$715,000
Poplar Pike LLC
Douglas B Dugard
Warranty Deed
$607,750 · First Horizon Bank
—
—
Douglas B Dugard
—
Deed Of Trust
related
$300,000 · Firstbank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7612 Poplar Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
