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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Medical Office Space
170 Central Ave Church Hill, TN 37642-3720
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2022741
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Total area
5,440 SF
Lot
0.51 ac (22,216 SF)
Zoning code
B-4
APN
037044A B 00300
UPID
US80-2022741
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
-
Groomers Corner Pet Grooming Service
-
Church Hill Vet Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Amber Forrester · 4 yrs held
Amber Forrester
since 2021
Last sale
$625,000
2 recorded transactions
Zoning & alternative use
B-4 · Church Hill, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section I. Shopping Center Districts (B-4). It is the intent of this district to establish areas for concentrated retail business development. Uses whi ch do not require a central location and create friction in the performance of function will be dis couraged from this district. The requirements are designed to protect the essential characteristics o f the…
Zone name
Shopping Center
General category
INDUSTRIAL
Zone area
169.68 ac
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 Church Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Church Hill 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
$645,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$555,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: 0% · Conversion: Easy
RETAIL STORES
$525,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$420,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $625k (Nov 9 2021)
Last sale anchor
$625k
Nov 9 2021
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
$119 / 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
Property tax & assessments
Assessed value
$130,400
Assessed 2023
Previous assessed
$130,400
+0.0% YoY
Assessed land
$65,040
Assessed improvement
$65,360
Land market value
$162,600
Improvement market value
$163,400
Total market value
$326,000
Applied tax rate
37.0000
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
1986
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
5,440 SF
Lot
0.51 ac (22,216 SF)
Zoning code
B-4
APN
037044A B 00300
UPID
US80-2022741
Jurisdiction
HAWKINS
Zoning & alternative use
B-4 · Church Hill, TNZoning B-4 · permitted uses
B-4 · Church Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section I. Shopping Center Districts (B-4). It is the intent of this district to establish areas for concentrated retail business development. Uses whi ch do not require a central location and create friction in the performance of function will be dis couraged from this district. The requirements are designed to protect the essential characteristics o f the district by promotion of retail business or businesses which serves the general public, and to discourage industrial and wholesale development. In order to achieve the intent of the B-4 Shopping Center District, as shown on the Zoning Map of Church Hill, Tennessee, the following uses are permitted: (1) Business signs as permitted in the B-1 Distric t. (2) Stores and shops conducting retail business, s ales and display rooms. (3) Motels, restaurants, and places of assembly an d amusement. (4) Small professional offices and services may be allowed in a shopping center only by specific variance as recommended by the Planning Co mmission. The size and location of offices and service providers may be re stricted if circumstances so warrant. (Amended by Ord. 274, 04/06/1995 and Ord. No. 374, 01/21/2003)
Zone name
Shopping Center
General category
INDUSTRIAL
Zone area
169.68 ac
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$540,000
RETAIL STORES
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$420,000
RESTAURANT
COMMERCIAL (GENERAL)
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
1986
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.51 ac
Current owner
From public records · entity-resolved
Amber Forrester
Individual
Mailing address
170 S CENTRAL AVE, CHURCH HILL, TN 37642-3720
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$625,000
Amber Forrester
James Andrew Straley
Warranty Deed
$531,250 · Bank Of Tennessee
Aug 22, 2014
—
James A Straley
Andes,gary C & Andrea W
Quit Claim 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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