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Property profile & analytics
OFF-MARKET
Estimated value
$4,320,000
Medical Office Space
1855 Tanner Way Harriman, TN 37748-8332
Entity Owned
11-yr Hold
Free & Clear
Property ID
US80-1492928
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Construction
FRAME
Total area
44,402 SF
Lot
4.63 ac (201,683 SF)
APN
073046 10401
UPID
US80-1492928
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
-
STAR Physical Therapy Physician
-
Southeastern Retina Associates: Dr.Googe,Dr.Miller,Dr.McMillan,Dr.Perkins,Dr.Anderson,Dr.Shuler Medical Clinic Ophthalmologist
-
Roane County Family Practice Medical Clinic
-
Physicians Plaza-Roane County Medical Clinic
-
Rodney McMillin, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.79M
Blend (final)
Blend
$4.32M
Owner & transaction history
Arhc Pphrntn01 LLC · 11 yrs held
Arhc Pphrntn01 LLC
since 2015
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.6M
+130.5%
Auto repair, garage
$3.8M
+55.4%
Restaurant
$3.4M
+38.1%
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 Harriman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harriman 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
COMMERCIAL (GENERAL)
$5,595,000
Change: +130% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,770,000
Change: +55% · Conversion: Difficult
RESTAURANT
$3,350,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$3,270,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$4.32M
Range $3.89M – $4.75M · ±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
$97 / 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
$3,202,480
Assessed 2023
Previous assessed
$3,202,480
+0.0% YoY
Assessed land
$765,040
Assessed improvement
$2,437,440
Land market value
$1,912,600
Improvement market value
$6,093,600
Total market value
$8,006,200
Applied tax rate
73.0000
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
2011
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
139
Bathrooms
35
Total area
44,402 SF
Lot
4.63 ac (201,683 SF)
APN
073046 10401
UPID
US80-1492928
Jurisdiction
ROANE
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
$5.6M
AUTO REPAIR, GARAGE
Est. value
$3.8M
RESTAURANT
Est. value
$3.4M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
2011
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
139
Bathrooms
35
Lot
4.63 ac
Current owner
From public records · entity-resolved
Arhc Pphrntn01 LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 460169, HOUSTON, TX 77056-8169
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2018
—
Arhc Pphrntn01 LLC
—
Deed
related
$118,700,000 · Keybank USA
Apr 30, 2015
$11,100,000
Arhc Pphrntn01 LLC
Physicians Plaza Of Roane Cnty Ll
Grant Deed
—
—
—
Arhc Pphrntn01 LLC
—
Deed Of Trust
related
$118,700,000 · Keybank USA
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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