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Property profile & analytics
FOR SALE
Medical Office Space
2497 S Roane St Harriman, TN 37748
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1100281
For Sale
1 / 2
Contact for pricing
2497 S Roane St, Harriman, TN 37748
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Property summary
AI-generated overview
Roane Medical Plaza, located at 2497 S Roane St, Harriman, TN 37748, presents a unique opportunity for medical professionals seeking office space in Roane County. This Class B, two-story building, constructed in 1997, offers a total of 29,308 square feet, with 8,922 square feet currently vacant and available for lease. The property sits on a generous 5.21-acre lot, providing ample parking with 134 spaces available for tenants and their clients. The building is configured for multiple tenants, with spaces ranging from a minimum of 1,970 square feet to a maximum contiguous space of 2,595 square feet. While the building does not feature elevators, its two-story design offers convenient access. The property's Assessed Parcel Number (APN) is 045 022.10. This location provides excellent visibility and accessibility for patients and staff, making it an ideal setting for a variety of medical practices. The available space presents a chance to establish or expand a medical practice in a well-maintained building within a thriving community. Serious inquiries are encouraged to explore this exceptional leasing opportunity.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
FRAME
Total area
29,308 SF
Lot
5.21 ac (226,948 SF)
APN
073045 02210
UPID
US80-1100281
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
-
Esthetics By Skylar Spa & Massage Center
-
Charles D. Roberts, DC Alternative Medicine Practice
-
Roberts Chiropractic Center Alternative Medicine Practice
-
SR Medical Services Primary Care of Harriman Physician
-
Release Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Rsg Investments C LLC · 5 yrs held
Rsg Investments C LLC
since 2021
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+55.4%
Restaurant
$2.2M
+38.1%
Retail stores
$2.2M
+34.6%
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 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
$1,855,000
ML approach
$2,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,600,000
Current use
AUTO REPAIR, GARAGE
$2,490,000
Change: +55% · Conversion: Difficult
RESTAURANT
$2,210,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$2,155,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10% · vs last sale $1.80M (Jan 5 2021)
Last sale anchor
$1.80M
Jan 5 2021
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
$64 / 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
$664,560
Assessed 2023
Previous assessed
$664,560
+0.0% YoY
Assessed land
$107,400
Assessed improvement
$557,160
Land market value
$268,500
Improvement market value
$1,392,900
Total market value
$1,661,400
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
For Sale
Year built
1997
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
40
Bathrooms
21
Total area
29,308 SF
Lot
5.21 ac (226,948 SF)
APN
073045 02210
UPID
US80-1100281
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
MEDICAL BUILDING Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RESTAURANT
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING Current
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
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
40
Bathrooms
21
Lot
5.21 ac
Current owner
From public records · entity-resolved
Rsg Investments C LLC
Entity
Mailing address
489 FRST RDG DR, COPPELL, TX 75019-2043
Ownership since
2021
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
Jan 20, 2026
—
Rsg Investments C LLC
—
Deed
related
$1,197,505 · Y-12 FCU
Jan 5, 2021
$1,795,500
Rsg Investments C LLC
Mancel Wakham
Warranty Deed
$1,346,625 · Y-12 FCU
Oct 20, 2014
—
Mancel Wakham
—
Trustees Deed
related
$141,168 · United Cmnty Bk
Jul 29, 2014
—
Mancel Wakham
Hnw Partnership
Quit Claim Deed
related
$1,312,500 · United Community Bank
—
—
Mancel Wakham
—
Loan Modification
related
$67,562 · United Cmnty Bk
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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