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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Office Spaces
108 Church Ave Maryville, TN 37801-4906
Trust Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1295152
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1937
Construction
WOOD
Total area
14,382 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CBD
APN
005057E E 01900
UPID
US80-1295152
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
-
Blackberry Farm Design Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.05M
Owner & transaction history
David A Shanks Living Trust The · 1 yrs held
David A Shanks Living Trust The
since 2025
Last sale
$897,686
6 recorded transactions
Zoning & alternative use
CBD · Maryville, 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 Maryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryville 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
$1,210,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $898k (Apr 1 2025)
Last sale anchor
$898k
Apr 1 2025
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
$73 / 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
Tax billed
$11,852
Tax year 2022
Assessed value
$522,920
Assessed 2023
Previous assessed
$479,840
+9.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$50,000
Assessed improvement
$472,920
Land market value
$125,000
Improvement market value
$1,182,300
Total market value
$1,307,300
Applied tax rate
5.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
14,382 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CBD
APN
005057E E 01900
UPID
US80-1295152
Jurisdiction
BLOUNT
Zoning & alternative use
CBD · Maryville, TN
Zoning CBD · permitted uses
CBD · Maryville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1937
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
0.2 ac
Current owner
From public records · entity-resolved
David A Shanks Living Trust The
Trust
Mailing address
1471 W MILLERS CV RD, WALLAND, TN 37886-2649
Ownership since
2025
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
Apr 1, 2025
$897,686
David A Shanks Living Trust The
Massey Properties LLC
Warranty Deed
$667,686 · First Century Bank
May 30, 2024
—
Massy Properties LLC
—
Deed
related
$560,659 · Home Federal Bank
May 1, 2018
$1,200,000
Blackberry Farm LLC
Shanks,david
Warranty Deed
—
Dec 22, 2017
$10,000
As Realty 1 LLC
Shanks,david A
Warranty Deed
—
Nov 4, 2014
$725,000
David A Shanks
Ruby Tuesday INC
Warranty Deed
—
Mar 30, 1994
$75,000
J T Headrick
Unknown,
Grant Deed
$156,000 · First American Nat'l 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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