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Property profile & analytics
OFF-MARKET
Estimated value
$21,395,000
Medical Office Space
10810 Parkside Dr Knoxville, TN 37934-1979
Individually Owned
11-yr Hold
Free & Clear
Property ID
US80-1568152
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
STEEL FRAME
Total area
90,944 SF
APN
131 03105
UPID
US80-1568152
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
-
Taylor Clay Bear Physician Medical Clinic
-
East Tennessee Heart Consultants: Joseph S. DeLeese, MD, FACC Physician
-
Tennova Cardiothoracic Surgeons Physician
-
Dr. Michael Underwood Physician
-
Dr. Nilamkumar Patel Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.40M
Blend (final)
Blend
$21.40M
Owner & transaction history
Knoxville Tennessee Turkey Cre · 11 yrs held
Knoxville Tennessee Turkey Cre
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$28.4M
+53.9%
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 Knoxville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knoxville 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
$18,435,000
Current use
APARTMENT HOUSE (5+ UNITS)
$28,375,000
Change: +54% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$17,515,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$21.40M
Range $19.26M – $23.53M · ±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
$235 / 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
$122,476
Tax year 2023
Assessed value
$7,881,320
Assessed 2023
Previous assessed
$7,881,320
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$1,032,500
Improvement market value
$18,670,800
Total market value
$19,703,300
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
2003
Construction
STEEL FRAME
Heating
YES
Stories
4
Units
1
Total area
90,944 SF
APN
131 03105
UPID
US80-1568152
Jurisdiction
KNOX
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
MEDICAL BUILDING Current
Est. value
$18.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$28.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.5M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
Construction
STEEL FRAME
Heating
YES
Stories
4
Units
1
Current owner
From public records · entity-resolved
Knoxville Tennessee Turkey Cre
Individual
Free & Clear · 11 yrs held
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
Metro Knoxville Hma LLC
—
Deed
related
$1,600,809 · Us Bank Trust Co NA
May 23, 2022
—
Metro Knoxville Hma LLC
—
Deed
related
—
Jul 13, 2021
—
Metro Knoxville Hma LLC
—
Deed
related
$160,080,900 · Credit Suisse Lending LLC
Jan 24, 2020
—
Metro Knoxville Hma LLC
—
Deed
related
$1,600,809,000 · Credit Suisse Ag
Nov 12, 2019
—
Metro Knoxville Hma LLC
—
Deed
related
—
Nov 5, 2018
—
Metro Knoxville Hma LLC
—
Loan Modification
related
$1,032,607,000 · Credit Suisse Ag
Sep 6, 2017
—
Metro Knoxville Hma LLC
—
Deed
related
—
Aug 1, 2014
$23,250,000
Knoxville Tennessee Turkey Cre
Parkside Partners LLC
Grant Deed
—
Oct 5, 2011
$39,250
Metro Knoxville Hma LLC
Mercy Health System INC
Special Warranty Deed
—
—
—
Metro Knoxville Hma LLC
—
Deed Of Trust
related
—
—
—
Metro Knoxville Hma LLC
—
Loan Modification
related
—
—
—
Metro Knoxville Hma LLC
—
Loan Modification
related
—
—
—
Metro Knoxville Hma LLC
—
Loan Modification
related
$1,600,809,000 · Credit Suisse Ag
—
—
Metro Knoxville Hma LLC
—
Loan Modification
related
—
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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