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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Medical Office Space
124 Westmoreland St Harrogate, TN 37752-8200
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0421251
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1945
Total area
5,569 SF
Lot
0.33 ac (14,375 SF)
APN
015H B 00200
UPID
US80-0421251
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
-
Wright and Wright Dental, PLLC Dental Office
-
Charles F Tompkins III, D.D.S Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Tkw Properties LLC · 2 yrs held
Tkw Properties LLC
since 2024
Last sale
$505,000
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 Harrogate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrogate 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
$505,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$510,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$440,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$415,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$415,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $505k (Jan 29 2024)
Last sale anchor
$505k
Jan 29 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
$91 / 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
$2,297
Tax year 2023
Assessed value
$99,880
Assessed 2023
Previous assessed
$99,880
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$11,280
Assessed improvement
$88,600
Land market value
$28,200
Improvement market value
$221,500
Total market value
$249,700
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1945
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
5,569 SF
Lot
0.33 ac (14,375 SF)
APN
015H B 00200
UPID
US80-0421251
Jurisdiction
CLAIBORNE
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)
Est. value
$510,000
WAREHOUSE, STORAGE
Est. value
$440,000
RETAIL STORES
Est. value
$415,000
AUTO REPAIR, GARAGE
Est. value
$415,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1945
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Tkw Properties LLC
Entity
Mailing address
124 WESTMORELAND ST, HARROGATE, TN 37752-8200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jan 29, 2024
$505,000
Tkw Properties LLC
Pamela Y Tompkins
Special Warranty Deed
$404,000 · Fifth Third Bank NA
Oct 25, 1989
$32,000
Virginia E Rector
Unknown
Grant Deed
—
—
—
Charles F Tompkins III
—
Deed Of Trust
related
$200,000 · Commercial Bank
—
—
Charles F Tompkins III
—
Deed Of Trust
related
$45,000 · Commercial Bank
—
—
Charles F Tompkins III
—
Deed Of Trust
related
$280,233 · Commercial 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.
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