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Property profile & analytics
OFF-MARKET
Medical Office Space
204 Main W St, Mt Carmel, TN 37645-3860
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US80-1581362
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Construction
FRAME
Total area
8,000 SF
Lot
100 ac (4,356,000 SF)
Zoning code
B-2
APN
037033A B 00700
UPID
US80-1581362
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
-
Mount Carmel Pet Hospital Veterinary Clinic
-
Calcote Katherine L DVM Veterinary Clinic
-
Bonsor Rebecca P DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
R Vets · 16 yrs held
R Vets
since 2009
7 recorded transactions
Zoning & alternative use
B-2 · Mt Carmel, TN
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 Mt Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mt Carmel 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$170,600
Assessed 2023
Previous assessed
$170,600
+0.0% YoY
Assessed land
$38,080
Assessed improvement
$132,520
Land market value
$95,200
Improvement market value
$331,300
Total market value
$426,500
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
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
1981
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
8,000 SF
Lot
100 ac (4,356,000 SF)
Zoning code
B-2
APN
037033A B 00700
UPID
US80-1581362
Jurisdiction
HAWKINS
Zoning & alternative use
B-2 · Mt Carmel, TN
Zoning B-2 · permitted uses
B-2 · Mt Carmel, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mt Carmel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
100 ac
Current owner
From public records · entity-resolved
R Vets
Individual
Mailing address
204 MAIN ST W, MT CARMEL, TN 37645-3860
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Mar 25, 2010
—
R Vets
—
Trustees Deed
related
$60,000 · Eastman Cu
Dec 17, 2009
—
R Vets
Critter Vets PLLC
Quit Claim Deed
related
—
Jan 27, 2009
$240,000
Vets PLLC Critter
James L Powers
Deed
$370,000 · Foothills Bank & Trust
Nov 28, 2005
—
Powers Trust
Powers,james L & Eleanor M
Quit Claim Deed
related
—
Feb 1, 1990
$170,000
Kenneth A Tate
Unknown
Grant Deed
—
Jan 24, 1989
$155,000
Tri-city Bank & Trust Co
Unknown,
Grant Deed
related
—
—
—
R Vets
—
Deed Of Trust
related
$408,000 · Eastman Cu
—
—
R Vets
—
Deed Of Trust
related
$25,000 · Eastman Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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