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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Medical Office Space
526 Legacy Dr Smyrna, TN 37167-6750
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0894342
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2004
Construction
FRAME
Total area
5,434 SF
Lot
0.76 ac (33,236 SF)
Zoning code
C-2
APN
033M-F-119.00-000
UPID
US80-0894342
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. Ricky D. Russell, DDS Dental Office
-
Legacy Hill Dentistry Dental Office
-
Richie Jamie DDS Dental Office
-
Lush Beauty by PB Hair Salon
-
Self'ker Aesthetic Studio LLC Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$863k
Blend (final)
Blend
$675k
Owner & transaction history
Alexander Edwards · 8 yrs held
Alexander Edwards
since 2018
3 recorded transactions
Zoning & alternative use
C-2 · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$1,110,000
Current use
RETAIL STORES
$1,005,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$930,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$124 / 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
$10,809
Tax year 2023
Assessed value
$450,000
Assessed 2024
Previous assessed
$450,000
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$104,920
Assessed improvement
$345,080
Land market value
$262,300
Improvement market value
$862,700
Total market value
$1,125,000
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
2004
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
5
Total area
5,434 SF
Lot
0.76 ac (33,236 SF)
Zoning code
C-2
APN
033M-F-119.00-000
UPID
US80-0894342
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-2 · Smyrna, TN
Zoning C-2 · permitted uses
C-2 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$930,000
MEDICAL BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2004
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
1
Bathrooms
5
Lot
0.76 ac
Current owner
From public records · entity-resolved
Alexander Edwards
Individual
Mailing address
526 LEGACY DR, SMYRNA, TN 37167-6750
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2018
$835,000
Alexander Edwards
Russell,ricky D & Agnes T
Warranty Deed
$668,000 · Bank Of America
Sep 19, 2003
—
Ricky D Russell
Russell,agnes
Quit Claim Deed
related
—
—
—
Ricky D Russell
—
Deed Of Trust
related
$171,296 · Wilson Bank & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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