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Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Medical Office Space
11201 Pt Dr Knoxville, TN 37934-2833
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-3550146
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
LIGHT FRAME
Total area
20,342 SF
Lot
2.04 ac (88,862 SF)
APN
143HE010
UPID
US80-3550146
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
-
Jeremy Buchanan Loan Service Bank
-
Suzanne Piscitello Loan Service Bank
-
Summit Medical Group Pllc MD Medical Group
-
Kim Moye Loan Service Bank
-
Pamela Ollard Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$2.83M
Owner & transaction history
Farragut Medical LLC · 10 yrs held
Farragut Medical LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,125,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,915,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±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
$139 / 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
$16,190
Tax year 2023
Assessed value
$1,041,835
Assessed 2023
Previous assessed
$1,041,835
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$699,100
Improvement market value
$1,906,800
Total market value
$2,605,900
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
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Total area
20,342 SF
Lot
2.04 ac (88,862 SF)
APN
143HE010
UPID
US80-3550146
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
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
MEDICAL BUILDING Current
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
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Farragut Medical LLC
Entity
Free & Clear · 10 yrs held
Mailing address
53 W JACKSON BLVD STE #350, CHICAGO, IL 60604-3684
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2015
$1,890,000
Farragut Medical LLC
Jpmcc 2005-cibc13 Office 11201
Grant Deed
—
Sep 23, 2015
$2,600,000
Jpmcc 2005-cibc13 Office 11201
Prochaska Joseph R|f-m Farragut Medical Arts LLC
Trustees Deed
—
Oct 2, 2008
—
Msm Dev LLC
F-m Farragut Medical Arts Ll
Quit Claim Deed
related
—
Sep 29, 2005
$4,000,000
F-m Farragut Medical Arts LLC
Farragut Medical Arts Building
Warranty Deed
$3,600,000 · Cibc INC
Sep 17, 2002
—
Farragut Medical Arts Building
Farragut Medical Arts Ctr Llv
Quit Claim Deed
related
$3,000,000 · Suntrust Bank NA
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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