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Property profile & analytics
OFF-MARKET
Estimated value
$11,800,000
Medical Office Space
398 Clinic Rd Cedar Bluff, VA 24609-9413
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-2177758
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Total area
40,608 SF
Lot
10 ac (435,600 SF)
APN
124 A 0024A
UPID
US87-2177758
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.80M
Owner & transaction history
One Clinic Drive Mob LLC · 2 yrs held
One Clinic Drive Mob LLC
since 2024
Last sale
$11.8M
6 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 Cedar Bluff submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Bluff 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
$11,800,000
ML approach
$11,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.80M
Range $10.62M – $12.98M · ±10% · vs last sale $11.80M (Feb 15 2024)
Last sale anchor
$11.80M
Feb 15 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
$291 / 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
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$35,925
Tax year 2019
Assessed value
$6,193,900
Assessed 2023
Previous assessed
$6,193,900
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$630,000
Assessed improvement
$5,563,900
Land market value
$630,000
Improvement market value
$5,563,900
Total market value
$6,193,900
Applied tax rate
3.0000
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
1982
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
1
Bathrooms
15
Total area
40,608 SF
Lot
10 ac (435,600 SF)
APN
124 A 0024A
UPID
US87-2177758
Jurisdiction
TAZEWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
15
Lot
10 ac
Current owner
From public records · entity-resolved
One Clinic Drive Mob LLC
Entity
Free & Clear · 2 yrs held
Mailing address
330 7TH SPGS WAY, BRENTWOOD, TN 37027-5098
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
Clinch Valley Medical Center INC
—
Deed
related
$1,400,000 · Wilmington Trust NA
Mar 26, 2024
—
Clinch Valley Medical Center INC
—
Deed
related
$1,600,000 · Citibank NA
Feb 15, 2024
$11,800,000
One Clinic Drive Mob LLC
Clinch Valley Medical Center INC
Special Warranty Deed
—
Aug 19, 2020
—
Clinch Valley Medical Center INC
—
Deed
related
—
Nov 7, 2019
—
Clinch Valley Medical Center INC
—
Deed
related
$1,600,000 · Wilmington Trust NA
Jul 8, 2013
$6,525,000
Clinch Valley Medical Center INC
Cvpi LLC
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.
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