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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Industrial properties
10529 Lexington Dr Knoxville, TN 37932-3212
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0868133
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1987
Construction
STEEL FRAME
Total area
16,358 SF
Lot
2.96 ac (128,938 SF)
APN
131BA010
UPID
US80-0868133
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
-
Threds Inc. (Bike/Boat/Book/etc) Store Printing Service
-
Sugarlands Distilling Co. Brewery & Distillery Bar & Pub
-
House of Shroom Department Store
-
Total Demolition Services Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.19M
Owner & transaction history
Kjk Properties LLC · 8 yrs held
Kjk Properties LLC
since 2018
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
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
INDUSTRIAL (GENERAL)
$1,120,000
Current use
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$72 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,026
Tax year 2024
Assessed value
$452,120
Assessed 2024
Previous assessed
$452,120
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$454,500
Improvement market value
$675,800
Total market value
$1,130,300
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Stories
2
Units
1
Total area
16,358 SF
Lot
2.96 ac (128,938 SF)
APN
131BA010
UPID
US80-0868133
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
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
1987
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Units
1
Lot
2.96 ac
Current owner
From public records · entity-resolved
Kjk Properties LLC
Entity
Mailing address
10529 LEXINGTON DR, KNOXVILLE, TN 37932-3212
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2018
—
Kjk Properties LLC
—
Deed
related
$945,000 · United Cmnty Bk
Jan 24, 2018
$780,000
Kjk Properties LLC
Beeler,melvin R & Norma M
Warranty Deed
$596,000 · United Cmnty Bk
Jan 28, 2004
$800,000
Kjk Properties LLC
Hall-davis Partnership
Grant Deed
$640,000 · First National Bank
Mar 29, 2001
—
Hall-davis Partnership
Davis,c R
Quit Claim Deed
related
—
Dec 27, 1994
—
John R Garner
Hall,kenneth E &
Grant Deed
related
—
Aug 16, 1988
$205,000
Kenneth E Hall
Unknown,
Grant Deed
—
Aug 1, 1988
$205,000
Kenneth E Hall
Unknown
Grant Deed
—
—
—
Kenneth E Hall
—
Deed Of Trust
related
$314,836 · First American National Bank
—
—
Kjk Properties LLC
—
Deed Of Trust
related
$735,187 · First National Bank
—
—
Kjk Properties LLC
—
Deed Of Trust
related
$880,000 · Branch Banking & Trust Co
—
—
Kjk Properties LLC
—
Deed Of Trust
related
$31,000 · Branch Banking & Trust Co
—
—
Kjk Properties LLC
—
Loan Modification
related
$945,000 · United Cmnty Bk
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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