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Property profile & analytics
OFF-MARKET
Estimated value
$7,935,000
Office Spaces
1206 Pointe Ctr Dr Chattanooga, TN 37421-4097
Entity Owned
16-yr Hold
Free & Clear
Property ID
US80-1980242
Property summary
AI-generated overview
This exceptional 5,753 square foot medical office space in Chattanooga, TN (37421), located at 1206 Pointe Centre Dr, is a single-tenant, move-in ready facility. The space boasts five exam rooms, a conference room, staff break room with shower, a patient-centric waiting area, and an advanced X-ray room. Ample parking and ADA compliance are key features. The building totals 48,264 square feet. The property offers a modern, efficient layout designed to maximize functionality and comfort, creating an inviting atmosphere for both patients and staff. Advanced technology options are available for an additional investment. Robust security measures are in place. This prime location ensures easy access for patients and staff, adding significant value and convenience to any medical practice. The neutral decor provides a calming environment. This turnkey solution allows immediate occupancy and operational commencement.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Total area
48,264 SF
Lot
3.83 ac (166,835 SF)
APN
158G B 001.06
UPID
US80-1980242
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
-
Absentys LLC Business Management Consultant
-
Evergreen Advisors Financial Advisor
-
David Stephenson, Liberty Mutual Insurance Agent Insurance Agency
-
Edward Jones - Financial Advisor: Stan Russell, CFP®|AAMS® Financial Advisor
-
Aerotek Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.93M
Blend (final)
Blend
$7.94M
Owner & transaction history
1206 Pointe Centre Partners Gp · 16 yrs held
1206 Pointe Centre Partners Gp
since 2009
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.7M
+26.8%
Auto repair, garage
$10.3M
+11.0%
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 Chattanooga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chattanooga 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)
$9,235,000
Current use
MEDICAL BUILDING
$11,710,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$10,250,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$7.94M
Range $7.14M – $8.73M · ±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
$164 / 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
$46,598
Tax year 2023
Assessed value
$2,082,760
Assessed 2023
Previous assessed
$2,082,760
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$840,800
Improvement market value
$4,366,100
Total market value
$5,206,900
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
2007
Heating
NONE
Stories
2
Total area
48,264 SF
Lot
3.83 ac (166,835 SF)
APN
158G B 001.06
UPID
US80-1980242
Jurisdiction
HAMILTON
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
COMMERCIAL (GENERAL) Current
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$11.7M
AUTO REPAIR, GARAGE
Est. value
$10.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
2
Lot
3.83 ac
Current owner
From public records · entity-resolved
1206 Pointe Centre Partners Gp
Entity
Free & Clear · 16 yrs held
Mailing address
1209 POINTE CTR DR STE #101, CHATTANOOGA, TN 37421-4783
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2016
—
1206 Pointe Centre Partners Gp
—
Deed
related
$4,875,000 · Miscellaneous Ins Co
Dec 10, 2009
—
1206 Pointe Centre Partners Gp
1206 Pointe Centre Ptrs LLC
Quit Claim Deed
related
—
—
—
1206 Pointe Centre Partners Gp
—
Deed Of Trust
related
$4,875,000 · Miscellaneous Ins Co
—
—
1206 Pointe Centre Partners Gp
—
Deed Of Trust
related
$4,700,000 · American National Insurance Co
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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