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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office Spaces
Taft Hwy Signal Mountain, TN 37377
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-0863332
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1949
Total area
7,302 SF
Lot
4.2 ac (182,952 SF)
Zoning code
R1
APN
098F A 004
UPID
US80-0863332
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
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$550k
Owner & transaction history
Joseph P Romeo · 2 yrs held
Joseph P Romeo
since 2024
7 recorded transactions
Zoning & alternative use
R1 · Signal Mountain, 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 Signal Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Signal Mountain 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
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$75 / 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
$3,732
Tax year 2023
Assessed value
$134,800
Assessed 2023
Previous assessed
$134,800
+0.0% YoY
Effective rate
2.77%
On assessed value
Land market value
$219,500
Improvement market value
$117,500
Total market value
$337,000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1949
Heating
YES
Stories
1
Total area
7,302 SF
Lot
4.2 ac (182,952 SF)
Zoning code
R1
APN
098F A 004
UPID
US80-0863332
Jurisdiction
HAMILTON
Zoning & alternative use
R1 · Signal Mountain, TNZoning R1 · permitted uses
R1 · Signal Mountain, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Heating
YES
Stories
1
Lot
4.2 ac
Current owner
From public records · entity-resolved
Joseph P Romeo
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 4445, CHATTANOOGA, TN 37405-0445
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
$125,000
Joseph P Romeo
Thom Mills
Warranty Deed
—
Jan 10, 2024
$25,000
Mad Marks LLC
Marilyn Foster Roller
Warranty Deed
—
Feb 3, 2023
$1,850,000
Lop LLC
Lines Orchids INC
Correction Deed
related
—
Sep 7, 2022
—
Jonathan Corey Shumpert
—
Deed
related
$252,000 · Regions Bank
May 18, 2021
$50,000
Jackie E Ernst
Thom Mills
Warranty Deed
$47,500 · Tennessee Valley FCU
Mar 5, 2021
$55,000
Peppers Construction INC
Albert Harvey
Warranty Deed
—
Oct 23, 2018
$1,850,000
Lop LLC
Lines Orchids INC
Grant Deed
—
Mar 19, 2018
—
James W Morrison II
—
Deed
related
$50,000 · Citizens Tri-cnty Bk
Feb 21, 2018
$53,170
Kelly Mills
Mills,thom
Warranty Deed
related
—
Oct 13, 2016
$300,000
Tom Mills
Willingham,winborn B III
Warranty 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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