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Property profile & analytics
FOR LEASE
Casinos
103 Suburban Rd Knoxville Knoxville, TN 37923
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3465939
For Lease
1 / 36
$18.50 SF/Yr
103 Suburban Rd,Unit Knoxville, Knoxville, TN 37923
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Property summary
AI-generated overview
This exceptional Class B office property at 103 Suburban Road, Knoxville, TN 37923, offers multiple tenancy options in a desirable location. The building totals 10,514 square feet, with a minimum divisible space of 1,274 square feet and a maximum contiguous space of 1,316 square feet. Currently, 2,590 square feet of space is vacant, presenting a fantastic opportunity for businesses seeking executive office space in Knoxville. Two suites are immediately available: Suite D-102, offering 1,316 square feet, and Suite D-201, providing 1,274 square feet. Each suite includes a reception/lobby area, private offices, restrooms, and a convenient breakroom. The property is situated in Knox County and benefits from easy access to Knoxville's amenities. The lease is a Modified Gross Lease, with tenants responsible for utilities and janitorial services. The rental rate is $17.50 per square foot. This is an ideal location for businesses seeking high-quality, well-maintained office space in a thriving area of Knoxville. Don't miss this chance to secure your perfect workspace. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,215 SF
Lot
1.72 ac (74,745 SF)
APN
119MC003
UPID
US80-3465939
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
-
Diversity Interpreters Translation Service
-
Blue Ribbon Foods Grocery & Convenience Store Food Market
-
Graves Law Office Law Firm
-
Alison Mitchell Physician
-
Alexis Hill Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.45M
Owner & transaction history
Christopher Keziah · 7 yrs held
Christopher Keziah
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.3M
+108.7%
Medical building
$1.5M
+35.6%
Neighborhood: shopping center
$1.4M
+28.8%
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
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
CASINO
$1,080,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,250,000
Change: +109% · Conversion: Difficult
MEDICAL BUILDING
$1,460,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,390,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,155,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$965,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$201 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$676,080
Assessed 2023
Previous assessed
$676,080
+0.0% YoY
Land market value
$936,700
Improvement market value
$753,500
Total market value
$1,690,200
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
Casinos
Use group
CASINO
Status
For Lease
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
2
Units
1
Total area
7,215 SF
Lot
1.72 ac (74,745 SF)
APN
119MC003
UPID
US80-3465939
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
CASINO Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$965,000
CASINO Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
2
Units
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Christopher Keziah
Individual
Mailing address
749 BRISTOL CIR, KNOXVILLE, TN 37923-5901
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Nov 5, 2018
$1,200,000
Christopher Keziah
Barcelona Jack S Trust
Grant Deed
$714,878 · Tnbank
Mar 27, 2017
—
Barcelona,jack S Trust
Barcelona,jack S
Quit Claim Deed
related
—
Oct 23, 2015
$2,171,000
Jack S Barcelona
West Knoxville Offices LLC
Warranty Deed
—
Aug 18, 2003
—
West Knoxville Offices LLC
Jones,william D
Quit Claim Deed
related
—
May 20, 1988
$200,000
William D Jones JR
Unknown,
Grant Deed
—
—
—
William D Jones
—
Deed Of Trust
related
$135,000 · First Tennessee Bank National
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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