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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Medical Office Space
401-405 Sam Ridley Pkwy Smyrna, TN 37167
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-2645629
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2023
Construction
FRAME
Total area
7,464 SF
Lot
1.25 ac (54,450 SF)
APN
028G-A-003.00-000
UPID
US80-2645629
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
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$919k
Blend (final)
Blend
$1.25M
Owner & transaction history
John Lee LLC · 3 yrs held
John Lee LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+32.0%
Office building
$1.7M
+8.4%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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%
$1,720,000
6.5%
$1,590,000
7%
$1,475,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,525,000
Current use
AUTO REPAIR, GARAGE
$2,015,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,655,000
Change: +8% · Conversion: Easy
RETAIL STORES
$1,380,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,280,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±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
$167 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,645
Tax year 2023
Assessed value
$1,152,880
Assessed 2024
Previous assessed
$443,200
+160.1% YoY
Effective rate
0.92%
On assessed value
Assessed land
$443,200
Assessed improvement
$709,680
Land market value
$1,108,000
Improvement market value
$1,774,200
Total market value
$2,882,200
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
2023
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Units
1
Total area
7,464 SF
Lot
1.25 ac (54,450 SF)
APN
028G-A-003.00-000
UPID
US80-2645629
Jurisdiction
RUTHERFORD
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
$1.5M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2023
Construction
FRAME
Heating
NONE
Cooling
Yes
Units
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
John Lee LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5115 MARYLAND WAY STE #119, BRENTWOOD, TN 37027-7512
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
—
John Lee LLC
Jlj Strategic Realty LLC
Quit Claim Deed
related
—
Mar 26, 2021
—
Jli Strategic Kealty LLC
John A Lee JR
Quit Claim Deed
related
—
Aug 30, 2016
—
John A Lee JR
—
Deed
related
$395,250 · Franklin Synergy Bank
Jun 15, 2016
—
John A Lee JR
Lee-tashie Partners
Quit Claim Deed
related
—
Apr 25, 2007
—
Lee-tashie Partners
Lee,john A JR
Quit Claim Deed
related
—
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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