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Property profile & analytics
OFF-MARKET
Estimated value
$10,650,000
Medical Office Space
537 Stonecrest Pkwy Smyrna, TN 37167-6884
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1995323
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
36,786 SF
Lot
1.91 ac (83,200 SF)
APN
028-124.00-000
UPID
US80-1995323
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
-
Amedisys Home Health Care Home Health Care Service
-
DaVita Smyrna Dialysis Medical Clinic
-
Select Physical Therapy - Smyrna Medical Clinic
-
Capstone Pediatrics Smyrna Pediatrician Medical Clinic
-
Comprehensive Pain And Neurology Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.59M
CAP Approach
CAP
$7.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.65M
Owner & transaction history
Hrt Of Tennessee LLC · 4 yrs held
Hrt Of Tennessee LLC
since 2021
Last sale
$11.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.5M
+65.8%
Auto repair, garage
$9.9M
+32.0%
Office building
$8.1M
+8.4%
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
$12,235,000
ML approach
$10,590,000
CAP Approach
CAP Return
Estimation
6%
$8,480,000
6.5%
$7,830,000
7%
$7,270,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,520,000
Current use
COMMERCIAL (GENERAL)
$12,465,000
Change: +66% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,925,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$8,145,000
Change: +8% · Conversion: Easy
RETAIL STORES
$6,790,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$10.65M
Range $9.59M – $11.72M · ±10% · vs last sale $11.30M (Dec 8 2021)
Last sale anchor
$11.30M
Dec 8 2021
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
$290 / 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
$73,909
Tax year 2023
Assessed value
$3,077,120
Assessed 2024
Previous assessed
$3,077,120
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$465,000
Assessed improvement
$2,612,120
Land market value
$1,162,500
Improvement market value
$6,530,300
Total market value
$7,692,800
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
2006
Heating
ZONE
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
36,786 SF
Lot
1.91 ac (83,200 SF)
APN
028-124.00-000
UPID
US80-1995323
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
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
$7.5M
COMMERCIAL (GENERAL)
Est. value
$12.5M
AUTO REPAIR, GARAGE
Est. value
$9.9M
OFFICE BUILDING
Est. value
$8.1M
RETAIL STORES
Est. value
$6.8M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2006
Heating
ZONE
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
1.91 ac
Current owner
From public records · entity-resolved
Hrt Of Tennessee LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2021
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 8, 2021
$11,300,000
Hrt Of Tennessee LLC
Vcm Smyrna LP
Special Warranty Deed
—
Jan 23, 2020
$8,200,000
Vcm Smyrna LP
Four & Corp
Grant Deed
$5,160,000 · Pinnacle Bk
Aug 9, 2005
$3,618,253
Four & Corp
Rees 462 LLC
Grant Deed
—
Apr 7, 2005
$725,000
Rees 462 LLC
Tc Nashville Medical I LLC
Grant Deed
—
Apr 2, 2004
—
Tc Nashville Medical I LLC
Jones,alvin T
Grant Deed
related
—
Jan 31, 2003
—
Town Of Smyrna
Jones,a
Grant Deed
related
—
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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