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Property profile & analytics
OFF-MARKET
Casinos
111 Central St 101 Knoxville, TN 37902-1088
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US80-1435022
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
498 SF
Lot
0.02 ac (932 SF)
APN
094EG01400A
UPID
US80-1435022
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
-
Total Integration Providers (Bike/Boat/Book/etc) Store Corporate Office
-
The Burkhalter Law Firm, P.C. Law Firm
-
Fitness Studio 111 Gym & Fitness Center
-
DoctorJane Health & Wellness Bar & Pub
-
Tusk Software (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
R Vance Burkey · 29 yrs held
R Vance Burkey
since 1996
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,369
Tax year 2023
Assessed value
$33,960
Assessed 2023
Previous assessed
$33,960
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$35,600
Improvement market value
$49,300
Total market value
$84,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Total area
498 SF
Lot
0.02 ac (932 SF)
APN
094EG01400A
UPID
US80-1435022
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
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
R Vance Burkey
Individual
Mailing address
111 S CENTRAL ST, KNOXVILLE, TN 37902-1088
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 1996
$2,000
R Vance Burkey
Burkhalter,david
Grant Deed
related
$42,000 · Ed F Bell
Jul 2, 1996
$2,000
Michael D Burkey
Burkhalter,david
Grant Deed
related
$61,750 · Barnett Mortgage Co
Apr 23, 1996
$2,000
Burkhalter & Associates
Burkhalter,& A
Grant Deed
related
—
Aug 17, 1990
$274,000
Burkhalter David A II
Unknown,
Grant Deed
—
—
—
David A Burkhalter II
—
Loan Modification
related
$200,000 · Suntrust Bank NA
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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