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Property profile & analytics
OFF-MARKET
Estimated value
$3,875,000
Medical Office Space
771 Mulberry Ave Selmer, TN 38375-2333
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0756713
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
FRAME
Total area
9,944 SF
Lot
1.95 ac (84,942 SF)
Zoning code
B1
APN
055100 01401
UPID
US80-0756713
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
-
DaVita Selmer Dialysis Medical Clinic
-
Mc Nairy County School-School Health County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.88M
Owner & transaction history
Jeffrey B Harrison · 5 yrs held
Jeffrey B Harrison
since 2020
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
B1 · Selmer, TN
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 Selmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selmer 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
$4,620,000
ML approach
$4,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.88M
Range $3.49M – $4.26M · ±10% · vs last sale $3.33M (Nov 25 2020)
Last sale anchor
$3.33M
Nov 25 2020
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
$390 / 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
$18,311
Tax year 2022
Assessed value
$831,920
Assessed 2023
Previous assessed
$831,920
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$183,000
Assessed improvement
$648,920
Land market value
$457,500
Improvement market value
$1,622,300
Total market value
$2,079,800
Applied tax rate
55.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2019
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
9,944 SF
Lot
1.95 ac (84,942 SF)
Zoning code
B1
APN
055100 01401
UPID
US80-0756713
Jurisdiction
MCNAIRY
Zoning & alternative use
B1 · Selmer, TNZoning B1 · permitted uses
B1 · Selmer, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MunicipalCodes
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
1.95 ac
Current owner
From public records · entity-resolved
Jeffrey B Harrison
Individual
Mailing address
2000 16TH ST, DENVER, CO 80202-5117
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
$3,328,941
Jeffrey B Harrison
Genesis Kc Development LLC
Special Warranty Deed
$2,450,000 · Blueharbor Bank
Mar 6, 2019
$345,000
Genesis Kc Dev LLC
Cummings,carolynn P
Grant Deed
—
Mar 1, 2019
—
Carolynn P Cummings
Peeler Dolores H Trust
Quit Claim Deed
related
—
Oct 29, 2018
—
Carolynn P Cummings
Peeler Dolores H Trust
Quit Claim Deed
related
—
Oct 16, 2009
—
Peeler Dolores H Trust
Peeler,dolores H
Quit Claim Deed
related
—
May 16, 2006
$2,000
Ronnie Mcqueen
Wilson,jody
Warranty Deed
related
—
Jan 6, 2005
—
Dolores Peeler
Peeler,harry L
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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