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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Medical Office Space
403 Mcbrien Rd Chattanooga, TN 37412-3223
Entity Owned
~
Est. High Equity
Property ID
US80-0812450
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Total area
3,927 SF
Lot
0.14 ac (6,300 SF)
Zoning code
R1
APN
169C B 030
UPID
US80-0812450
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
-
Physician's Care: Bates Paul Employment Agency
-
Physicians Care Physician
-
Meadows William MD Physician
-
Dr. Jon H. Risley, MD Pediatrician Physician
-
ERIN FESMIRE Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$849k
Blend (final)
Blend
$815k
Owner & transaction history
Commercial Building Solutions LLC
Commercial Building Solutions LLC
since 2025
5 recorded transactions
Zoning & alternative use
R1 · Chattanooga, 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 Chattanooga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chattanooga 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
$975,000
Current use
AUTO REPAIR, GARAGE
$835,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$208 / 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
$9,092
Tax year 2023
Assessed value
$259,440
Assessed 2023
Previous assessed
$259,440
+0.0% YoY
Effective rate
3.50%
On assessed value
Land market value
$239,600
Improvement market value
$409,000
Total market value
$648,600
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
1983
Heating
NONE
Stories
1
Total area
3,927 SF
Lot
0.14 ac (6,300 SF)
Zoning code
R1
APN
169C B 030
UPID
US80-0812450
Jurisdiction
HAMILTON
Zoning & alternative use
R1 · Chattanooga, TNZoning R1 · permitted uses
R1 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$835,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1983
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Commercial Building Solutions LLC
Entity
Mailing address
10318 MOUNTINGTON CT, VIENNA, VA 22182-1835
Ownership since
2025
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
Nov 7, 2025
$800,000
Commercial Building Solutions LLC
Timothy Gordon
Deed
$125,000 · Builtwell Bank
May 15, 2023
—
Timothy P Gordon
—
Deed
related
$447,000 · Eastman Cu
Nov 22, 2017
$775,000
Timothy Gordon
Meadows Development LLC
Limited Warranty Deed
$525,000 · First Volunteer Bank
Aug 14, 2013
$456,000
Meadows Dev LLC
Physicians Care PC
Warranty Deed
$456,000 · First Volunteer Bank
Apr 26, 2011
—
Physicians Care PC
—
Deed Of Trust
related
$1,434,865 · 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.
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