Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,360,000
Medical Office Space
1031 Sgt Asbury Hawn Way 1039 Smyrna, TN 37167-3440
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2133324
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2019
Construction
FRAME
Total area
11,987 SF
Lot
1.65 ac (71,874 SF)
APN
034G-C-003.00-000
UPID
US80-2133324
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
$4.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$4.36M
Owner & transaction history
Garnet Properties LLC · 3 yrs held
Garnet Properties LLC
since 2022
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.1M
+188.1%
Commercial (general)
$4.1M
+65.8%
Auto repair, garage
$3.2M
+32.0%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$4,400,000
ML approach
$4,640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,060,000
Change: +188% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,060,000
Change: +66% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,235,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$2,655,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$4.36M
Range $3.92M – $4.80M · ±10% · vs last sale $4.20M (Sep 26 2022)
Last sale anchor
$4.20M
Sep 26 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
$364 / 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
$33,097
Tax year 2023
Assessed value
$1,377,960
Assessed 2024
Previous assessed
$1,377,960
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$406,600
Assessed improvement
$971,360
Land market value
$1,016,500
Improvement market value
$2,428,400
Total market value
$3,444,900
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
DENTAL BUILDING
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
ZONE
Cooling
AC.PACKAGE
Units
5
Bathrooms
1
Total area
11,987 SF
Lot
1.65 ac (71,874 SF)
APN
034G-C-003.00-000
UPID
US80-2133324
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
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
RESTAURANT
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.7M
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2019
Construction
FRAME
Heating
ZONE
Cooling
Yes
Units
5
Bathrooms
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Garnet Properties LLC
Entity
Mailing address
5245 WILDINGS BLVD, COLLEGE GROVE, TN 37046-0020
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2022
$4,200,000
Garnet Properties LLC
Anthony R Togrye
Warranty Deed
$4,800,000 · Firstbank
Jan 11, 2019
—
Anthony R Togrye
—
Deed
related
$1,995,000 · Ascend FCU
Mar 12, 2018
—
Anthony R Togrye
—
Deed
related
$2,000,000 · Anthony R Togrye Dds PC
Oct 27, 2016
—
Smyrna Commons Dev Ptrs LLC
Nissan Boulevard General Ptrs
Quit Claim Deed
related
—
Oct 27, 2016
$850,000
Anthony R Togrye
Smyrna Commons Dev Ptrs LLC
Warranty Deed
—
—
—
Anthony R Togrye
—
Deed Of Trust
related
$1,995,000 · Ascend FCU
—
—
Anthony R Togrye
—
Deed Of Trust
related
$2,000,000 · Anthony R Togrye Dds PC
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 1031 Sgt Asbury Hawn Way, Unit 1039?
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.
