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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Medical Office Space
2340 Knob Crk Rd Johnson City, TN 37604-2977
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US80-2011066
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
9,240 SF
APN
037M J 00602C003
UPID
US80-2011066
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
-
Ashley Skelton Physician
-
Johnson City Urological Clinic: Couch Chad T MD Physician Medical Clinic
-
Zajonc Timothy P MD Physician
-
Deanna Hensley Physician
-
JC Urology Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.13M
Owner & transaction history
Mark A Howell · 16 yrs held
Mark A Howell
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$830,000
+14.6%
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 Johnson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnson City 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
MEDICAL BUILDING
$725,000
Current use
RESTAURANT
$830,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$122 / 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
$824,960
Assessed 2023
Previous assessed
$824,960
+0.0% YoY
Assessed land
$36,960
Assessed improvement
$788,000
Land market value
$92,400
Improvement market value
$1,970,000
Total market value
$2,062,400
Applied tax rate
90.0000
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
2009
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
9,240 SF
APN
037M J 00602C003
UPID
US80-2011066
Jurisdiction
WASHINGTON
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
$725,000
RESTAURANT
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$690,000
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
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
2009
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
5
Current owner
From public records · entity-resolved
Mark A Howell
Individual
Mailing address
2340 KNOB CRK RD STE #704, JOHNSON CITY, TN 37604-2977
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2009
$1,839,993
Mark A Howell
Jcenturo Properties
Warranty Deed
$598,333 · First Citizens Bank & Trust Co
—
—
Howell,mark A
—
Deed Of Trust
related
$1,707,756 · Peoples Cmnty Bk
—
—
Jcenturo Properties
—
Deed Of Trust
related
$433,950 · Peoples Community Bank
—
—
Kenneth B Lewoczko
—
Deed Of Trust
related
$447,973 · Mountain Cmrc Bk
—
—
Kenneth B Lewoczko
—
Deed Of Trust
related
$281,898 · Mountain Cmrc Bk
—
—
Johnathan M Winstead
—
Deed Of Trust
related
$262,189 · Mountain Cmrc Bk
—
—
Bruce A Abkes
—
Deed Of Trust
related
$261,753 · Mountain Cmrc Bk
—
—
Timothy P Zajonc JR.
—
Deed Of Trust
related
$246,688 · Mountain Cmrc Bk
—
—
Jcenturo Properties
—
Deed Of Trust
related
$467,000 · First Citizens Bank & Trust Co
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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