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Property profile & analytics
OFF-MARKET
Medical Office Space
4922 Brainerd Rd Chattanooga, TN 37411-3901
Individually Owned
24-yr Hold
Free & Clear
Property ID
US80-0954915
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
3,110 SF
Lot
1 ac (43,560 SF)
Zoning code
C2
APN
157K P 003
UPID
US80-0954915
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
-
A Better Choice Chiropractic Alternative Medicine Practice
-
RiverPark Chiropractic and Acupuncture Dr. William Daniel (Danny) Thompson, BS, DC, CFMP Alternative Medicine Practice
-
Troy R. Smith, DC Alternative Medicine Practice
-
Dr. William Thompson Alternative Medicine Practice
-
DOING WHAT WE CAN HOMELESS OUTREACH (We Are NOT a Homeless Shelter) Charitable Organization Social Service Agency
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
Troy R Smith · 24 yrs held
Troy R Smith
since 2002
6 recorded transactions
Zoning & alternative use
C2 · Chattanooga, 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 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
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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,929
Tax year 2023
Assessed value
$130,920
Assessed 2023
Previous assessed
$130,920
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$192,300
Improvement market value
$135,000
Total market value
$327,300
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
Off-Market
Year built
1984
Heating
YES
Stories
1
Total area
3,110 SF
Lot
1 ac (43,560 SF)
Zoning code
C2
APN
157K P 003
UPID
US80-0954915
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Chattanooga, TN
Zoning C2 · permitted uses
C2 · Chattanooga, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chattanooga. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
YES
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Troy R Smith
Individual
Free & Clear · 24 yrs held
Mailing address
4922 BRAINERD RD, CHATTANOOGA, TN 37411-3901
Ownership since
2002
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 17, 2024
—
Troy R Smith
—
Deed
related
$140,000 · First Horizon Bank
May 2, 2024
—
Troy R Smith
—
Deed
related
$50,000 · Builtwell Bank
May 23, 2002
$220,000
Troy R Smith
Hall,caroline
Grant Deed
—
May 13, 1999
$248,000
James D Schwartz JR.
Reed,caroline Ha
Grant Deed
—
Aug 18, 1995
$159,900
Caroline Harrell Reed
—
Grant Deed
related
—
—
—
Caroline Reed
—
Deed Of Trust
related
$127,920 · Pioneer 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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