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Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Medical Office Space
934 Broadway St Portland, TN 37148-1700
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1656212
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
16,446 SF
Lot
2.16 ac (94,090 SF)
Zoning code
OPS
APN
083039 06201
UPID
US80-1656212
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
-
Brittany Whitaker Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.79M
Owner & transaction history
Paul Porter · 18 yrs held
Paul Porter
since 2007
7 recorded transactions
Zoning & alternative use
OPS · Portland, TN
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,710,000
6.5%
$3,425,000
7%
$3,180,000
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±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
$169 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$26,755
Tax year 2023
Assessed value
$784,160
Assessed 2023
Previous assessed
$784,160
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$82,280
Assessed improvement
$701,880
Land market value
$205,700
Improvement market value
$1,754,700
Total market value
$1,960,400
Applied tax rate
83.0000
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
2008
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
12
Total area
16,446 SF
Lot
2.16 ac (94,090 SF)
Zoning code
OPS
APN
083039 06201
UPID
US80-1656212
Jurisdiction
SUMNER
Zoning & alternative use
OPS · Portland, TN
Zoning OPS · permitted uses
OPS · Portland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
12
Lot
2.16 ac
Current owner
From public records · entity-resolved
Paul Porter
Individual
Mailing address
726 FOWLER FRD RD, PORTLAND, TN 37148-1947
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Aug 27, 2009
—
Paul R Porter
—
Deed Of Trust
related
$1,600,000 · Monticello Bkng Co
Mar 28, 2008
—
Paul R Porter
—
Trustees Deed
related
$1,600,000 · Monticello Bkng Co
Aug 24, 2007
$225,000
Paul Porter
Ntl LLC
Warranty Deed
$226,740 · Farmers Bank
Oct 20, 2006
$125,000
Ntl LLC
Groves,travis & Helen
Warranty Deed
$127,589 · Volunteer State Bank
Dec 31, 2004
—
Willowdean Churchwell
Hutton Deloris P
Quit Claim Deed
related
—
Sep 7, 2004
$350
State Of Tennessee
Groves,travis & Helen
Warranty Deed
related
—
—
—
Ntl LLC
—
Deed Of Trust
related
$125,000 · Farmers Bank
—
—
Travis Groves
—
Deed Of Trust
related
$90,800 · American Freedom Mortgage INC
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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