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Property profile & analytics
OFF-MARKET
Estimated value
$7,535,000
Hospitals
555 Rain Frst Rd Knoxville, TN 37923-5847
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2095404
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2013
Construction
CONCRETE
Total area
45,132 SF
Lot
9.72 ac (423,403 SF)
APN
133AJ005
UPID
US80-2095404
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.84M
Comparable Approach
Comparable
$10.47M
Blend (final)
Blend
$7.54M
Owner & transaction history
Landings Operator LLC · 4 yrs held
Landings Operator LLC
since 2022
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
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 Knoxville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knoxville 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
$5,060,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,570,000
6.5%
$8,835,000
7%
$8,205,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,150,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,690,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$7.54M
Range $6.78M – $8.29M · ±10% · vs last sale $5.19M (Jun 15 2022)
Last sale anchor
$5.19M
Jun 15 2022
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
$167 / 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
Assessed value
$3,856,120
Assessed 2023
Previous assessed
$3,856,120
+0.0% YoY
Land market value
$609,900
Improvement market value
$9,156,400
Total market value
$9,766,300
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2013
Construction
CONCRETE
Heating
STEAM
Stories
2
Units
1
Rooms
20
Bathrooms
4
Total area
45,132 SF
Lot
9.72 ac (423,403 SF)
APN
133AJ005
UPID
US80-2095404
Jurisdiction
KNOX
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
$9.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
MEDICAL BUILDING Current
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
2013
Construction
CONCRETE
Heating
STEAM
Stories
2
Units
1
Rooms
20
Bathrooms
4
Lot
9.72 ac
Current owner
From public records · entity-resolved
Landings Operator LLC
Entity
Mailing address
8000 WESTPARK DR STE #495, MC LEAN, VA 22102-3100
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
$5,185,946
Landings Operator LLC
555 Rain Forest Road LLC
Special Warranty Deed
$14,770,000 · Forbright Bank
Feb 11, 2020
$2,780,800
555 Rain Forest Road LLC
Nic 19 Raintree Owner LLC
Warranty Deed
—
Dec 26, 2018
$415,000
Raintree II LLC
Hall Family Ptshp II LLC
Grant Deed
related
$11,800,000 · Branch Bk&tr
Sep 14, 2018
—
Hall Family Ptshp II LLC
Knox County Tennessee
Quit Claim Deed
related
—
Oct 2, 2014
$10,330,325
Nic 19 Raintree Owner LLC
Raintreee Al LLC
Special Warranty Deed
$13,537,500 · Synovus Bank
Sep 29, 2011
$550,000
Raintree Al LLC
Dominion Raintree General Partnersh
Warranty Deed
related
$4,787,489 · Ornl FCU
Mar 26, 2010
—
Raintree General Ptsh Dominion
—
Deed Of Trust
related
$11,000,000 · Pinnacle National Bank
Dec 16, 2008
—
Raintree General Ptsh Dominion
Schaad James S
Quit Claim Deed
related
—
Dec 16, 2008
$1,173,193
Raintree General Ptsh Dominion
Schaad James S
Grant Deed
—
—
—
Nic 19 Raintree Owner LLC
—
Deed Of Trust
related
$7,430,000 · Walker & Dunlop
—
—
Nic 19 Raintree Owner LLC
—
Deed Of Trust
related
$7,430,000 · Walker & Dunlop
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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