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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
801 Hl St Springfield, TN 37172-2951
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-3307429
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Total area
2,572 SF
Lot
0.61 ac (26,775 SF)
APN
074080J D 03900
UPID
US80-3307429
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
-
Robert A. Shearer, M.D. Physician Medical Clinic
-
Pathway Healthcare Medical Clinic
-
Elisabeth Batson Pediatrician Physician
-
Robert Allen Shearer Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
$545k
Comparable Approach
Comparable
$488k
Blend (final)
Blend
$515k
Owner & transaction history
Philip Dorris · 6 yrs held
Philip Dorris
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
$590,000
6.5%
$545,000
7%
$505,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$350,000
Current use
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$200 / 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
Property tax & assessments
Assessed value
$341,160
Assessed 2023
Previous assessed
$248,720
+37.2% YoY
Assessed land
$60,280
Assessed improvement
$280,880
Land market value
$150,700
Improvement market value
$702,200
Total market value
$852,900
Applied tax rate
74.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
1
Rooms
17
Bathrooms
13
Total area
2,572 SF
Lot
0.61 ac (26,775 SF)
APN
074080J D 03900
UPID
US80-3307429
Jurisdiction
ROBERTSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$350,000
MEDICAL BUILDING Current
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
1965
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
17
Bathrooms
13
Lot
0.61 ac
Current owner
From public records · entity-resolved
Philip Dorris
Individual
Free & Clear · 6 yrs held
Mailing address
5328 HYADA BLVD NE, TACOMA, WA 98422-1618
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Apr 22, 2020
$6,000
Philip Dorris
Larry D Whitworth
Grant Deed
—
Dec 22, 2008
$440,000
Fisher Five LLC
Bank Of Nashville
Grant Deed
—
Dec 22, 2008
—
Bank Of Nashville
Gardiner,lance R
Quit Claim Deed
related
—
Oct 7, 2008
$971,575
Bank Of Nashville
Gardiner,lance
Trustees Deed
related
—
Nov 12, 1993
$92,000
Lance R Gardiner
Unknown
Grant Deed
—
Jun 3, 1988
$145,000
Emcare INC
Unknown,
Grant Deed
—
—
—
Fisher Five LLC
—
Loan Modification
related
$125,830 · Us Bk
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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