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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Medical Office Space
76 Cates St Dunlap, TN 37327-3452
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1734290
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Total area
1,653 SF
Lot
0.37 ac (16,117 SF)
Zoning code
FLOOD
APN
077047A D 00310
UPID
US80-1734290
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
-
Dunlap Dental Center: Terry Christie Dental Office
-
Dr. Oscar D. Scruggs IV, DDS Dental Office
-
Dunlap Dental Center: Sims-Nelson Laci Dental Office
-
Dunlap Dental Center Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$855k
Owner & transaction history
Derek Pickett · 3 yrs held
Derek Pickett
since 2023
Last sale
$845,000
3 recorded transactions
Zoning & alternative use
FLOOD · Dunlap, 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 Dunlap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunlap 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
$945,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $845k (Jan 4 2023)
Last sale anchor
$845k
Jan 4 2023
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
$517 / 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
$1,728
Tax year 2023
Assessed value
$71,560
Assessed 2023
Previous assessed
$60,560
+18.2% YoY
Effective rate
2.41%
On assessed value
Assessed land
$12,000
Assessed improvement
$59,560
Land market value
$30,000
Improvement market value
$148,900
Total market value
$178,900
Applied tax rate
77.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1972
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
1,653 SF
Lot
0.37 ac (16,117 SF)
Zoning code
FLOOD
APN
077047A D 00310
UPID
US80-1734290
Jurisdiction
SEQUATCHIE
Zoning & alternative use
FLOOD · Dunlap, TN
Zoning FLOOD · permitted uses
FLOOD · Dunlap, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunlap. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Derek Pickett
Individual
Mailing address
76 CATES ST, DUNLAP, TN 37327-3452
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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 4, 2023
$845,000
Derek Pickett
Oscar D Scruggs IV
Limited Warranty Deed
$800,000 · Scruggs 2021
Oct 29, 2021
—
Oscar D Scruggs IV
Oscar D Scruggs IV
Intrafamily Transfer
related
—
Apr 6, 1990
$50,000
Oscar D Scruggs IV
Unknown
Grant Deed
—
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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