Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$455,000
Medical Office Space
1021 Executive Dr Hixson, TN 37343-7918
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-3296334
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
2,160 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C2
APN
110H E 004.45
UPID
US80-3296334
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
-
The Nest Family Wellness - Hixson Medical Clinic
-
Gentle Foot Care Medical Clinic
-
Brenda Waters, NP Physician
-
Diabetic & Neuropathy Foot Physician
-
Giang Thi Nguyen Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$521k
Blend (final)
Blend
$455k
Owner & transaction history
Bella Panama Properties LLC · 10 yrs held
Bella Panama Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Hixson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$415,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$415,000
Current use
AUTO REPAIR, GARAGE
$415,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$455k
Range $410k – $501k · ±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
$211 / 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
$4,287
Tax year 2023
Assessed value
$191,600
Assessed 2023
Previous assessed
$191,600
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$152,900
Improvement market value
$326,100
Total market value
$479,000
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
2007
Heating
NONE
Stories
1
Total area
2,160 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C2
APN
110H E 004.45
UPID
US80-3296334
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
$415,000
AUTO REPAIR, GARAGE
Est. value
$415,000
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
2007
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Bella Panama Properties LLC
Entity
Mailing address
1021 EXECUTIVE DR STE #102, HIXSON, TN 37343-7919
Ownership since
2016
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
Jul 25, 2023
—
Luan T Mai
—
Deed
related
$612,000 · Pinnacle Bank
Jun 21, 2019
—
Bella Panama Properties LLC
—
Deed
related
$409,500 · Pinnacle Bk
May 24, 2016
$450,000
Bella Panama Properties LLC
Waters Properties LLC
Warranty Deed
$405,000 · Pinnacle Bank
Mar 12, 2009
$204,506
Ken Defoor Properties Gp
—
Grant Deed
related
$2,442,652 · Fsgbank
Mar 25, 2008
$454,800
Waters Properties LLC
Ken Defoor Properties
Warranty Deed
$386,580 · Cohutta Banking Co
—
—
Bella Panama Properties LLC
—
Loan Modification
related
$409,500 · Pinnacle Bk
—
—
Waters Properties LLC
—
Deed Of Trust
related
$340,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1021 Executive Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
