Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Medical Office Space
1017 Middle Crk Rd Sevierville, TN 37862-2940
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0528356
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
5,890 SF
Lot
0.51 ac (22,216 SF)
Zoning code
C-3
APN
078062H C 01300
UPID
US80-0528356
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
-
Southeastern Retina Associates Eye Care Center
-
Southeastern Retina Associates: Dr.Googe,Dr.Miller,Dr.McMillan,Dr.Perkins,Dr.Anderson,Dr.Shuler Physician
-
Dr. Scott Barb Ophthalmologist
-
Ailee Laham Ophthalmologist
-
Rhonda Bedell Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$695k
Owner & transaction history
Sevierville Retina LLC · 9 yrs held
Sevierville Retina LLC
since 2017
6 recorded transactions
Zoning & alternative use
C-3 · Sevierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$985,000
+43.1%
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 Sevierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sevierville 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
$685,000
Current use
COMMERCIAL (GENERAL)
$985,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$610,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$118 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$5,500
Tax year 2021
Assessed value
$288,680
Assessed 2023
Previous assessed
$288,680
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$60,560
Assessed improvement
$228,120
Land market value
$151,400
Improvement market value
$570,300
Total market value
$721,700
Applied tax rate
78.0000
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
2003
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
5,890 SF
Lot
0.51 ac (22,216 SF)
Zoning code
C-3
APN
078062H C 01300
UPID
US80-0528356
Jurisdiction
SEVIER
Zoning & alternative use
C-3 · Sevierville, TNZoning C-3 · permitted uses
C-3 · Sevierville, TN
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
$685,000
COMMERCIAL (GENERAL)
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$610,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2003
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.51 ac
Current owner
From public records · entity-resolved
Sevierville Retina LLC
Entity
Mailing address
9050 EXECUTIVE PARK DR STE 202A, KNOXVILLE, TN 37923-4670
Ownership since
2017
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
Feb 2, 2017
$740,000
Sevierville Retina LLC
Shaconage LLC
Warranty Deed
$970,000 · First Tennessee Bank NA
Jun 24, 2010
—
Shaconage LLC
—
Trustees Deed
related
$700,000 · Smartbank
Dec 1, 2009
$650,000
Shaconage LLC
Carter,rodney & Linda
Warranty Deed
$700,000 · Smartbank
Oct 29, 2002
$165,000
Rodney Carter
Johnson,rhonda F & Walter R
Grant Deed
$508,605 · Mountain National Bank
—
—
Rodney Carter
—
Deed Of Trust
related
$100,211 · Walter R & Rhonda F Johnson
—
—
Shaconage LLC
—
Deed Of Trust
related
$700,000 · Smartbank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1017 Middle Crk Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
