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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Medical Office Space
414 Greenbelt Dr Maryville, TN 37804-5702
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1326797
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,094 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CBDS
APN
005057D C 03002
UPID
US80-1326797
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
-
Mark D. Watkins M.D. Pediatrician Medical Clinic
-
Dr. Cindy S. Hoffmann, MD Pediatrician Medical Clinic
-
Vivian L. Colont, RN Physician
-
Maryville Pediatrics Pediatrician Medical Clinic
-
Michael W. Bean, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.44M
Owner & transaction history
Timco Holdings LLC · 1 yrs held
Timco Holdings LLC
since 2024
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
CBDS · Maryville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+17.6%
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 Maryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryville 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
$1,435,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,640,000
Current use
RESTAURANT
$1,930,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.44M (Oct 4 2024)
Last sale anchor
$1.44M
Oct 4 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
$177 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,592
Tax year 2022
Assessed value
$370,040
Assessed 2023
Previous assessed
$307,360
+20.4% YoY
Effective rate
2.05%
On assessed value
Assessed land
$80,400
Assessed improvement
$289,640
Land market value
$201,000
Improvement market value
$724,100
Total market value
$925,100
Applied tax rate
5.0000
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
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
3
Total area
8,094 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CBDS
APN
005057D C 03002
UPID
US80-1326797
Jurisdiction
BLOUNT
Zoning & alternative use
CBDS · Maryville, TN
Zoning CBDS · permitted uses
CBDS · Maryville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING Current
RESTAURANT
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.6 ac
Current owner
From public records · entity-resolved
Timco Holdings LLC
Entity
Mailing address
2238 ARGONNE DR, MARYVILLE, TN 37804-6219
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
Dec 9, 2024
—
Timco Holdings LLC
—
Deed
related
$1,925,500 · Pinnacle Bank
Oct 4, 2024
$1,437,000
Timco Holdings LLC
Keith Edmonds
Warranty Deed
$1,221,450 · Pinnacle Bank
May 4, 2021
$930,000
Keith Edmonds
Trm Properties
Warranty Deed
$790,500 · First Century Bank
Jun 12, 1995
—
Trm Properties
—
Deed Of Trust
related
—
Jun 14, 1994
$68,000
Ralph Drumwright
Unknown,
Grant Deed
—
Apr 25, 1989
$156,666
Kenneth Marmon
Unknown
Grant 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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