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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Medical Office Space
5109 Skillern Dr Hixson, TN 37343-3262
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1138026
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2003
Total area
3,318 SF
Lot
0.58 ac (25,414 SF)
Zoning code
R4
APN
100J D 001
UPID
US80-1138026
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
-
Dr. Stewart Lawwill Dental Office
-
Hixson Dentist - Hixson Pike Dental Dental Office
-
Treppard Lisa Dental Office
-
Mullis Annette Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$800k
Owner & transaction history
Lcd Holdings LLC · 2 yrs held
Lcd Holdings LLC
since 2024
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
R4 · Hixson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$640,000
+0.3%
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 Hixson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hixson 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$640,000
Current use
AUTO REPAIR, GARAGE
$640,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jan 10 2024)
Last sale anchor
$800k
Jan 10 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
$241 / 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
$5,114
Tax year 2023
Assessed value
$228,600
Assessed 2023
Previous assessed
$228,600
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$116,000
Improvement market value
$455,500
Total market value
$571,500
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
DENTAL BUILDING
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
3,318 SF
Lot
0.58 ac (25,414 SF)
Zoning code
R4
APN
100J D 001
UPID
US80-1138026
Jurisdiction
HAMILTON
Zoning & alternative use
R4 · Hixson, TNZoning R4 · permitted uses
R4 · Hixson, TN
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
$640,000
AUTO REPAIR, GARAGE
Est. value
$640,000
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
2003
Heating
NONE
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Lcd Holdings LLC
Entity
Mailing address
5109 SKILLERN DR, HIXSON, TN 37343-3262
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
$800,000
Lcd Holdings LLC
Stewart Lawwill III
Warranty Deed
$680,000 · Cogent Bank
Mar 6, 2018
—
Lawwill Stewart III
—
Deed
related
$291,861 · Pinnacle Bk
Oct 31, 2003
$27,500
Stewart Lawwill III
Skillern,charles
Grant Deed
—
—
—
Stewart Lawwill III
—
Deed Of Trust
related
$425,000 · Capitalmark Bank & Trust
—
—
Lawwill Stewart III
—
Loan Modification
related
$291,861 · Pinnacle Bk
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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