New search
Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Office Spaces
1043 Executive Dr Hixson, TN 37343-3997
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0227664
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2003
Total area
3,300 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C2
APN
110H E 004.25
UPID
US80-0227664
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
-
Northgate Title & Escrow Title Company
-
Southeast Vision Rehabilitation Physician
-
Dr. Heather Mcbryar Physician
-
Dr. Laura Sechler Physician
-
Amplify EyeCare Chattanooga Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$709k
Blend (final)
Blend
$735k
Owner & transaction history
Kittitian Breeze Holdings LLC · 1 yrs held
Kittitian Breeze Holdings LLC
since 2025
Last sale
$765,000
7 recorded transactions
Zoning & alternative use
C2 · Hixson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$635,000
+31.1%
Medical building
$635,000
+30.7%
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
COMMERCIAL (GENERAL)
$485,000
Current use
AUTO REPAIR, GARAGE
$635,000
Change: +31% · Conversion: Difficult
MEDICAL BUILDING
$635,000
Change: +31% · Conversion: Easy
RETAIL STORES
$450,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $765k (Oct 28 2024)
Last sale anchor
$765k
Oct 28 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
$223 / 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
$4,583
Tax year 2023
Assessed value
$204,840
Assessed 2023
Previous assessed
$204,840
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$182,600
Improvement market value
$329,500
Total market value
$512,100
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
3,300 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C2
APN
110H E 004.25
UPID
US80-0227664
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Hixson, TN
Zoning C2 · permitted uses
C2 · Hixson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hixson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$635,000
MEDICAL BUILDING
Est. value
$635,000
RETAIL STORES
Est. value
$450,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2003
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Kittitian Breeze Holdings LLC
Entity
Mailing address
1043 EXECUTIVE DR, HIXSON, TN 37343-3997
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
$765,000
Kittitian Breeze Holdings LLC
Pac 3 LLC
Deed
$1,640,000 · Live Oak Banking Company
Jan 15, 2025
—
Pac 3 LLC
Matthew W Raulston
Deed
related
—
Dec 6, 2024
—
Pac 3 LLC
1043 Executive Drive Partnership
Quitclaim Deed
related
—
Aug 2, 2021
—
1043 Executive Drive Partnership
—
Deed
related
$495,000 · Firstbank
Sep 11, 2019
—
1043 Executive Drive Ptshp
—
Deed
related
$65,000 · W Blincoe Ents INC
Apr 4, 2019
—
1043 Executive Drive Ptshp
—
Deed
related
$100,000 · 1226 Partners LLC
Apr 4, 2017
$610,000
1043 Executive Dr Partnership
Jaems T Tawater
Warranty Deed
$518,500 · Pinnacle Bank
—
—
1043 Executive Drive Ptshp
—
Deed Of Trust
related
$100,000 · 1226 Partners LLC
—
—
1043 Executive Drive Ptshp
—
Deed Of Trust
related
$65,000 · W Blincoe Ents INC
—
—
Pediatric Vision Assocs PLLC
—
Deed Of Trust
related
$220,000 · Regions 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 1043 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.
