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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Medical Office Space
1017 Executive Dr Hixson, TN 37343-7910
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-0634269
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
3,960 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C2
APN
110H E 004.36
UPID
US80-0634269
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
-
Barto Pediatric Dentistry Dental Office
-
David E. Barto Jr, DDS Dental Office
-
Vicky Cooke, NP Pediatrician Physician
-
CHI Memorial Family Practice Associates - Northgate Medical Clinic
-
Jessica Stanley Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$954k
Blend (final)
Blend
$965k
Owner & transaction history
W Frank Johnson · 5 yrs held
W Frank Johnson
since 2020
Last sale
$965,000
7 recorded transactions
Zoning & alternative use
C2 · Hixson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$765,000
+0.3%
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 Hixson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hixson 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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$760,000
Current use
AUTO REPAIR, GARAGE
$765,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $965k (Dec 20 2024)
Last sale anchor
$965k
Dec 20 2024
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
$244 / 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
$7,082
Tax year 2023
Assessed value
$316,520
Assessed 2023
Previous assessed
$316,520
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$206,000
Improvement market value
$585,300
Total market value
$791,300
Applied tax rate
1.0000
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
2006
Heating
NONE
Stories
1
Total area
3,960 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C2
APN
110H E 004.36
UPID
US80-0634269
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Hixson, TNZoning C2 · permitted uses
C2 · Hixson, TN
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
$760,000
AUTO REPAIR, GARAGE
Est. value
$765,000
MEDICAL BUILDING Current
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
2006
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
W Frank Johnson
Individual
Free & Clear · 5 yrs held
Mailing address
1017 EXECUTIVE DR STE #101, HIXSON, TN 37343-7911
Mailing matches property
Yes
Owner-occupied
Yes
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
Aug 27, 2020
—
W Frank Johnson
W Frank Johnson Dds PC
Quit Claim Deed
related
—
Sep 12, 2017
—
Vle LLC
—
Grant Deed
related
$69,800,000 · Synovus Bk
Jan 15, 2016
—
Vle LLC
—
Trustees Deed
related
$75,000 · First Volunteer Bk
Mar 22, 2012
—
Vle LLC
—
Trustees Deed
related
$75,000 · First Volunteer Bank Tennessee
May 19, 2006
$1,258,844
Ken Defoor Properties
Ken Defoor Properties LLC
Warranty Deed
—
May 19, 2006
—
Valor
Defoor,ken J
Grant Deed
$1,568,780 · Northwest Ga Bank East Ridge
—
—
Vle LLC
—
Loan Modification
related
$691,261 · First Volunteer Bank
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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