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Property profile & analytics
OFF-MARKET
Estimated value
$7,015,000
Community centers
11527 Parkside Dr, Knoxville, TN 37934-1976
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US80-0762261
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2010
Construction
LIGHT FRAME
Total area
21,018 SF
Lot
7.64 ac (332,798 SF)
APN
130 19102
UPID
US80-0762261
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
-
Yamato Ramen House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.01M
Blend (final)
Blend
$7.02M
Owner & transaction history
LP One Hundred Thirty O Ktj · 20 yrs held
LP One Hundred Thirty O Ktj
since 2006
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.8M
+116.5%
Apartment house (5+ units)
$6.6M
+62.0%
Medical building
$4.3M
+5.3%
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
RESTAURANT
$8,760,000
Change: +116% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,555,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$4,260,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$7.02M
Range $6.31M – $7.72M · ±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
$334 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$35,250
Tax year 2023
Assessed value
$2,268,360
Assessed 2023
Previous assessed
$2,268,360
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$3,263,800
Improvement market value
$2,407,100
Total market value
$5,670,900
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2010
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Total area
21,018 SF
Lot
7.64 ac (332,798 SF)
APN
130 19102
UPID
US80-0762261
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
RESTAURANT
Est. value
$8.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$4.3M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2010
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Lot
7.64 ac
Current owner
From public records · entity-resolved
LP One Hundred Thirty O Ktj
Entity
Mailing address
PO BOX 10226, KNOXVILLE, TN 37939-0226
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2016
—
Hatcher Hill Inv Group IV LLC
—
Deed
related
$3,120,000 · Pinnacle Bk
Jun 9, 2006
$3,800,000
LP One Hundred Thirty O Ktj
Farragut Land Partners LLC
Grant Deed
$10,358,595 · Union Bank & Trust
Feb 10, 1995
$1,011,992
Farragut Land Partners Ll
Farragut,land Pa
Grant Deed
related
—
—
—
Hatcher Hill Inv Group IV LLC
—
Deed Of Trust
related
$3,120,000 · Pinnacle 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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