Property profile

8000 Wolf Riv Blvd Germantown, TN 38138

OFF-MARKET
Medical Office Space
Property ID
US80-1498085
59,710 SF 4.21 ac lot Built 2005
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

The Wolf River Medical Campus consists of two adjacent medical outpatient buildings totaling 91,570 square feet, located in the medical corridor of Germantown, Tennessee. The campus is part of the Wolf River Medical District and is within approximately five miles of multiple hospitals totaling more than 1,600 beds. The buildings are configured for outpatient medical use and are occupied by established physician and healthcare-related organizations, including regional physician groups and various specialty practices.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Total area 59,710 SF
Lot 4.21 ac (183,388 SF)
Zoning code O
APN G02-20 - - -00499
UPID US80-1498085

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician
  • Physician
  • Medical Billing Service

Location

8000 Wolf Riv Blvd Germantown, TN 38138-1754
Germantown metro Census 21351 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.32M
Comparable Approach Comparable
$9.27M
Blend (final) Blend
$9.63M

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
2013
$12.9M
2013
$3.2M

Zoning & alternative use

O · Germantown, TN
Zoning description

ily density) Residential district (R-T multifamily) Residential district (R-H retirement housing) Neighborhood commercial district (C-1) General commercial district (C-2) Shopping center district (SC-1) Office district (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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