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Property profile & analytics
OFF-MARKET
Estimated value
$6,290,000
Commercial land
William Northern Blvd Tullahoma, TN 37388
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-2640748
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1942
Total area
2,860 SF
Lot
8.68 ac (378,101 SF)
Zoning code
I1
APN
016109 06109
UPID
US80-2640748
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.29M
Owner & transaction history
Vanderbilt Coffee Hospital LLC · 5 yrs held
Vanderbilt Coffee Hospital LLC
since 2021
Last sale
$7.0M
3 recorded transactions
Zoning & alternative use
I1 · Tullahoma, 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 Tullahoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tullahoma 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
$5,340,000
ML approach
$5,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.29M
Range $5.66M – $6.92M · ±10% · vs last sale $7.03M (Jan 5 2021)
Last sale anchor
$7.03M
Jan 5 2021
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
$2,199 / 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
$11,900
Tax year 2023
Assessed value
$296,840
Assessed 2023
Previous assessed
$296,840
+0.0% YoY
Effective rate
4.01%
On assessed value
Assessed land
$296,840
Land market value
$742,100
Total market value
$742,100
Applied tax rate
16.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1942
Heating
YES
Stories
1
Bathrooms
1
Total area
2,860 SF
Lot
8.68 ac (378,101 SF)
Zoning code
I1
APN
016109 06109
UPID
US80-2640748
Jurisdiction
COFFEE
Zoning & alternative use
I1 · Tullahoma, TN
Zoning I1 · permitted uses
I1 · Tullahoma, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tullahoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Heating
YES
Stories
1
Bathrooms
1
Lot
8.68 ac
Current owner
From public records · entity-resolved
Vanderbilt Coffee Hospital LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1161 21ST AVE S, NASHVILLE, TN 37232-0011
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2021
$7,029,276
Vanderbilt Coffee Hospital LLC
Tullahoma Hma LLC
Grant Deed
—
Nov 21, 2002
$280,000
Cedar Lane Medical Center
Harton,pa
Grant Deed
—
—
—
Cedar Lane Medical Center LLC
—
Loan Modification
related
$400,000 · Traders Nat'l Bk/tullahoma
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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