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Property profile & analytics
OFF-MARKET
Estimated value
$10,220,000
Grocery and convenience stores
11656 Parkside Dr, Knoxville, TN 37934-2659
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1913185
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2013
Construction
LIGHT FRAME
Total area
49,828 SF
Lot
10.32 ac (449,539 SF)
APN
130 19108
UPID
US80-1913185
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
-
higi Physician
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Publix 1415 Pharmacy
-
Publix Pharmacy at Turkey Creek Pharmacy
-
Presto! ATM at Publix Super Market Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.22M
Blend (final)
Blend
$10.22M
Owner & transaction history
Kb Turkey Creek LLC · 7 yrs held
Kb Turkey Creek LLC
since 2019
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.5M
+133.6%
Medical building
$10.1M
+51.8%
Neighborhood: shopping center
$9.6M
+44.2%
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
RETAIL STORES
$6,655,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,545,000
Change: +134% · Conversion: Difficult
MEDICAL BUILDING
$10,100,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,595,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,965,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$10.22M
Range $9.20M – $11.24M · ±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
$205 / 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
$79,340
Tax year 2023
Assessed value
$5,105,560
Assessed 2023
Previous assessed
$5,105,560
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$3,223,700
Improvement market value
$9,551,300
Total market value
$12,775,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2013
Construction
LIGHT FRAME
Heating
STEAM
Buildings
2
Stories
1
Units
1
Total area
49,828 SF
Lot
10.32 ac (449,539 SF)
APN
130 19108
UPID
US80-1913185
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
RETAIL STORES Current
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.5M
MEDICAL BUILDING
Est. value
$10.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$8.0M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2013
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Buildings
2
Units
1
Lot
10.32 ac
Current owner
From public records · entity-resolved
Kb Turkey Creek LLC
Entity
Mailing address
1600 DIVISION ST STE #140, NASHVILLE, TN 37203-2736
Ownership since
2019
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
Apr 25, 2019
$18,500,000
Kb Turkey Creek LLC
Tclp Pbx LLC
Grant Deed
—
Apr 12, 2013
—
Tclp Pbx LLC
—
Deed Of Trust
related
$8,000,000 · Reliastar Life Insurance Co
Mar 27, 2013
—
Tclp Pbx LLC
Turkey Creek Land Partners LLC
Quit Claim Deed
related
—
Oct 13, 2011
—
Turkey Creek Land Partners LLC
—
Grant Deed
related
$8,000,000 · Pinnacle National Bank
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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