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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Medical Office Space
1702 Rock Spgs Rd Smyrna, TN 37167-6174
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1732021
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
FRAME
Total area
4,868 SF
Lot
0.7 ac (30,492 SF)
APN
028-120.01-000
UPID
US80-1732021
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$755k
Owner & transaction history
American Dream Come True LLC · 8 yrs held
American Dream Come True LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+8.4%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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%
$1,120,000
6.5%
$1,035,000
7%
$960,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$995,000
Current use
OFFICE BUILDING
$1,080,000
Change: +8% · Conversion: Easy
RETAIL STORES
$900,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$835,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$155 / 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
$14,179
Tax year 2023
Assessed value
$590,320
Assessed 2024
Previous assessed
$590,320
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$172,440
Assessed improvement
$417,880
Land market value
$431,100
Improvement market value
$1,044,700
Total market value
$1,475,800
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
2019
Construction
FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
4,868 SF
Lot
0.7 ac (30,492 SF)
APN
028-120.01-000
UPID
US80-1732021
Jurisdiction
RUTHERFORD
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
$995,000
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$835,000
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
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
2019
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
American Dream Come True LLC
Entity
Mailing address
9189 MONARCH CT, BRENTWOOD, TN 37027-2622
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
American Dream Come True LLC
—
Deed
related
$1,243,057 · Pinnacle Bank
Apr 3, 2019
—
American Dream Come True LLC
—
Trustees Deed
related
$1,432,250 · Pinnacle Bk
Apr 30, 2018
$337,500
American Dream Come True LLC
Shipley,ronald S
Warranty Deed
$270,000 · Pinnacle Bk/sioux Cty
Mar 10, 2004
—
Ronald S Shipley
Shipley,ronald M
Quit Claim Deed
related
—
Oct 17, 1994
$59,000
Ronald S Shipley
Unknown,
Grant Deed
—
Oct 12, 1994
$59,000
Ronald S Shipley
Unknown,
Grant Deed
$56,050 · Sunbelt National Mortgage Co
—
—
Ronald S Shipley
—
Deed Of Trust
related
$95,966 · Wells Fargo Fin'l Tennessee
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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