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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
92 Timber Crk Dr, Cordova, TN 38018-4233
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1162079
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
3,876 SF
Lot
0.35 ac (15,246 SF)
Zoning code
OG
APN
091-113- - -00120
UPID
US80-1162079
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
-
Dr Samuel L Watts Dental Office
-
Dr. Alfred Piper, DDS Dental Office
-
Westrock Orthodontics | Cordova Dental Office
-
Piper Fred DDS Dental Office
-
Samuel Lindsey Watts Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$615k
Owner & transaction history
Gallopinto LLC · 4 yrs held
Gallopinto LLC
since 2022
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
OG · Cordova, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$630,000
+48.0%
Medical building
$575,000
+34.9%
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 Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordova 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
$650,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$575,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$390,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $600k (May 25 2022)
Last sale anchor
$600k
May 25 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
$159 / 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
$9,230
Tax year 2022
Assessed value
$151,520
Assessed 2023
Previous assessed
$151,520
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$33,560
Assessed improvement
$117,960
Land market value
$83,900
Improvement market value
$294,900
Total market value
$378,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,876 SF
Lot
0.35 ac (15,246 SF)
Zoning code
OG
APN
091-113- - -00120
UPID
US80-1162079
Jurisdiction
SHELBY
Zoning & alternative use
OG · Cordova, TN
Zoning OG · permitted uses
OG · Cordova, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cordova. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$425,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
MEDICAL BUILDING
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$390,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Gallopinto LLC
Entity
Mailing address
4800 W COMMERCIAL DR, NORTH LITTLE ROCK, AR 72116-7083
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2022
$600,000
Gallopinto LLC
Alfred H Piper
Special Warranty Deed
$480,000 · First Community Bank
Feb 6, 2018
—
Alfred H Piper
—
Deed
related
$272,000 · Paragon Bk
Jul 10, 2001
$470,000
Alfred H Piper
Union Partners
Grant Deed
$488,750 · First Tennessee Bank National
Jun 18, 1998
$105,000
Union Title Building LLC
Pittman,alfred B
Grant Deed
$350,000 · Pulaski Bank & Trust Co
—
—
Union Title Building LLC
—
Deed Of Trust
related
$374,000 · Trust One Bank
—
—
Alfred H Piper
—
Deed Of Trust
related
$336,408 · First Tennessee Bank National
—
—
Alfred H Piper
—
Deed Of Trust
related
$250,000 · Paragon National Bank
—
—
Alfred H Piper
—
Loan Modification
related
$272,000 · Paragon 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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