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Property profile & analytics
FOR SALE
Medical Office Space
400 Laboratory Rd Oak Ridge, TN 37830
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1210291
For Sale
1 / 16
$1,650,000
400 Laboratory Rd, Oak Ridge, TN 37830
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Total area
12,060 SF
Lot
2.03 ac (88,427 SF)
Zoning code
OF
APN
001100A C 03600
UPID
US80-1210291
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
-
Tennessee Center For Dental Office
-
Danny Adkins, D.D.S Dental Office
-
Family Doctors of Oak Ridge Pc Medical Clinic
-
Dr. Jeff Grabenstein, MD, FAAFP Pediatrician Physician
-
Power and Pryse Orthodontics Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$735k
Owner & transaction history
Techware Systems INC · 4 yrs held
Techware Systems INC
since 2022
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
OF · Oak Ridge, TN
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 Oak Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Ridge 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
$740,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $700k (Apr 7 2022)
Last sale anchor
$700k
Apr 7 2022
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
$61 / 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
$350,680
Assessed 2023
Previous assessed
$350,680
+0.0% YoY
Assessed land
$115,520
Assessed improvement
$235,160
Land market value
$288,800
Improvement market value
$587,900
Total market value
$876,700
Applied tax rate
1.0000
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
1972
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
32
Bathrooms
9
Total area
12,060 SF
Lot
2.03 ac (88,427 SF)
Zoning code
OF
APN
001100A C 03600
UPID
US80-1210291
Jurisdiction
ANDERSON
Zoning & alternative use
OF · Oak Ridge, TNZoning OF · permitted uses
OF · Oak Ridge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance PDF
Building & site characteristics
From public records
Year built
1972
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
32
Bathrooms
9
Lot
2.03 ac
Current owner
From public records · entity-resolved
Techware Systems INC
Entity
Mailing address
1035 GETTYSVUE DR, KNOXVILLE, TN 37922-7620
Ownership since
2022
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 7, 2022
$700,000
Techware Systems INC
Lambuth Division Corporation
Warranty Deed
$560,000 · First Horizon Bank
—
—
Lambuth Division Corp
—
Deed Of Trust
related
$121,753 · Regions Bank
—
—
Lambuth Division Corp
—
Deed Of Trust
related
$86,427 · Regions Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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