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Property profile & analytics
OFF-MARKET
Estimated value
$3,330,000
Medical Office Space
1300 Cleveland Ave Chattanooga, TN 37404-2005
Entity Owned
~
Est. High Equity
Property ID
US80-0843729
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
11,876 SF
Lot
1.86 ac (81,022 SF)
Zoning code
R4
APN
146B P 001
UPID
US80-0843729
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
-
Vanderbilt Children's Urology Chattanooga Hospital Children's Hospital
-
John House, MD Physician Medical Clinic
-
Marty Scheinberg, MD Physician Medical Clinic
-
Kymber Habenicht, MD Physician Medical Clinic
-
David Sahaj, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$3.33M
Owner & transaction history
O & M Holdings LLC
O & M Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
R4 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Restaurant
$4.1M
+40.3%
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
MEDICAL BUILDING
$2,950,000
Current use
RESTAURANT
$4,140,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,520,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$3.33M
Range $3.00M – $3.66M · ±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
$280 / 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
$22,776
Tax year 2023
Assessed value
$1,018,000
Assessed 2023
Previous assessed
$1,018,000
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$479,900
Improvement market value
$2,065,100
Total market value
$2,545,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
YES
Stories
1
Total area
11,876 SF
Lot
1.86 ac (81,022 SF)
Zoning code
R4
APN
146B P 001
UPID
US80-0843729
Jurisdiction
HAMILTON
Zoning & alternative use
R4 · Chattanooga, TNZoning R4 · permitted uses
R4 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.0M
RESTAURANT
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING Current
RESTAURANT
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
2005
Heating
YES
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
O & M Holdings LLC
Entity
Mailing address
1300 CLEVELAND AVE, CHATTANOOGA, TN 37404-2005
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
$3,214,328
O & M Holdings LLC
Plaza Urology Properties LLC
Warranty Deed
$2,410,746 · First Financial Bank NA
Jun 30, 2004
$440,000
Urology Proper Plaza
Chattanooga,cent
Grant Deed
—
Jun 5, 2002
$280,000
The Chattanooga Center For
Yerbey Concrete
Grant Deed
—
Dec 13, 2001
$215,000
Yerbey Concrete Constructi
Dialysis Clinic
Grant Deed
—
Mar 22, 1999
$268,000
Centrum-chatt Limited Part
Dialysis,clinic
Grant Deed
—
Mar 19, 1999
$268,000
Centrum Chattanooga Ltd Pa
Dialysis,clinic
Grant Deed
—
Mar 19, 1999
—
Dialysis Clinic INC
Centrum,chattano
Grant Deed
related
—
Feb 21, 1996
$336,500
Dialysis Clinic INC
Dialysis,clinic
Grant Deed
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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