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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Medical Office Space
79 Hwy 51st S Ripley, TN 38063-4580
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0910929
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Total area
6,136 SF
Lot
2.24 ac (97,574 SF)
Zoning code
B2
APN
049077N A 01900
UPID
US80-0910929
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
-
Taran Coleman Physician
-
Kristen Beasley Physician
-
Lauren Butler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
David C Quinn · 2 yrs held
David C Quinn
since 2024
Last sale
$870,330
7 recorded transactions
Zoning & alternative use
B2 · Ripley, 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 Ripley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripley 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
$870,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $870k (May 28 2024)
Last sale anchor
$870k
May 28 2024
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
$142 / 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
$7,997
Tax year 2022
Assessed value
$319,880
Assessed 2023
Previous assessed
$319,880
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$69,000
Assessed improvement
$250,880
Land market value
$172,500
Improvement market value
$627,200
Total market value
$799,700
Applied tax rate
49.0000
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
2001
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
3
Total area
6,136 SF
Lot
2.24 ac (97,574 SF)
Zoning code
B2
APN
049077N A 01900
UPID
US80-0910929
Jurisdiction
LAUDERDALE
Zoning & alternative use
B2 · Ripley, TNZoning B2 · permitted uses
B2 · Ripley, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ripley, TN
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
3
Lot
2.24 ac
Current owner
From public records · entity-resolved
David C Quinn
Individual
Mailing address
400 DEER HVN LN, HENRY, TN 38231-4155
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2024
$870,330
David C Quinn
Cura LLC
Warranty Deed
—
Jun 17, 2019
—
Cura LLC
—
Deed
related
$764,310 · First Citizens Nat'l Bk
Mar 18, 2019
—
Cura LLC
—
Deed
related
$602,578 · First Citizens Nat'l Bk
Jul 18, 2006
—
Cura LLC
—
Trustees Deed
related
$515,208 · Bancorpsouth
Feb 10, 2005
$330,000
Via,ruste
Wong,pamela C
Warranty Deed
—
—
—
Cura LLC
—
Deed Of Trust
related
$602,578 · First Citizens Nat'l Bk
—
—
Cura LLC
—
Deed Of Trust
related
$764,310 · First Citizens Nat'l Bk
—
—
Cura LLC
—
Deed Of Trust
related
$472,000 · Farm Credit Svcs
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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