Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,880,000
Assisted living facilities
175 Hospital Dr Mc Kenzie, TN 38201-1636
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1623232
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1994
Total area
37,188 SF
Lot
7.03 ac (306,227 SF)
APN
009011 04007
UPID
US80-1623232
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
-
AHC McKenzie Nursing Home
-
Christina Robbins Physician
-
Rehab America Nursing Home
-
Sara-Linda Puckett Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.88M
Owner & transaction history
175 Hospital Drive Tn LLC · 1 yrs held
175 Hospital Drive Tn LLC
since 2024
Last sale
$3.9M
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 Mc Kenzie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Kenzie 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
$3,880,000
ML approach
$3,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,025,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,375,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,020,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.88M
Range $3.49M – $4.27M · ±10% · vs last sale $3.88M (Dec 9 2024)
Last sale anchor
$3.88M
Dec 9 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
$104 / 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
$1,170,640
Assessed 2023
Previous assessed
$1,170,640
+0.0% YoY
Assessed land
$48,040
Assessed improvement
$1,122,600
Land market value
$120,100
Improvement market value
$2,806,500
Total market value
$2,926,600
Applied tax rate
9,000,000.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1994
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
37
Total area
37,188 SF
Lot
7.03 ac (306,227 SF)
APN
009011 04007
UPID
US80-1623232
Jurisdiction
CARROLL
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
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1994
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
37
Lot
7.03 ac
Current owner
From public records · entity-resolved
175 Hospital Drive Tn LLC
Entity
Free & Clear · 1 yrs held
Mailing address
201 JORDAN RD, FRANKLIN, TN 37067-4495
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
Dec 9, 2024
$3,878,000
175 Hospital Drive Tn LLC
Mckenzie Propco LLC
Special Warranty Deed
—
Apr 21, 2021
—
Mckenzie Propco LLC
—
Deed
related
—
Apr 14, 2021
—
Mckenzie Propco LLC
Mckenzie Long Term Facility LLC
Quit Claim Deed
related
—
Jun 4, 2013
$2,900,000
Long Term Facility In Mckenzie
Mckenzie Nursing Home INC
Warranty Deed
$2,576,000 · First State Bank
Sep 22, 1993
$25,000
Mckenzie Nursing Home INC
Unknown
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 175 Hospital Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
