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Property profile & analytics
FOR SALE
Medical Office Space
406 E Main Blvd, Church Hill, TN 37642
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1121479
For Sale
1 / 9
$1,650,000
406 E Main Blvd, Church Hill, TN 37642
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
FRAME
Total area
7,314 SF
Lot
3.76 ac (163,786 SF)
Zoning code
B-4
APN
037032 00507
UPID
US80-1121479
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
-
Schilling David E MD Pediatrician Physician
-
Heather Varney Physician
-
HMG Primary Care at Church Hill Medical Clinic
-
Kelly McQueen, DO - HMG Primary Care at Church Hill Physician
-
Terri Duncan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Church Hill Tennessee · 17 yrs held
City Of Church Hill Tennessee
since 2008
2 recorded transactions
Zoning & alternative use
B-4 · Church Hill, TN
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 Church Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Church Hill 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$276,600
Assessed 2023
Previous assessed
$276,600
+0.0% YoY
Assessed land
$59,200
Assessed improvement
$217,400
Land market value
$148,000
Improvement market value
$543,500
Total market value
$691,500
Applied tax rate
37.0000
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
1996
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
9
Total area
7,314 SF
Lot
3.76 ac (163,786 SF)
Zoning code
B-4
APN
037032 00507
UPID
US80-1121479
Jurisdiction
HAWKINS
Zoning & alternative use
B-4 · Church Hill, TN
Zoning B-4 · permitted uses
B-4 · Church Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Church Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
9
Lot
3.76 ac
Current owner
From public records · entity-resolved
City Of Church Hill Tennessee
Entity
Free & Clear · 17 yrs held
Mailing address
3637 OREBANK RD, KINGSPORT, TN 37664-2845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2008
—
City Of Church Hill Tennessee
Andes,gary C & Andrea W
Warranty Deed
related
—
—
—
Gary C Andes
—
Deed Of Trust
related
$1,435,000 · Eastman Cu
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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