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Property profile & analytics
OFF-MARKET
Office Spaces
118 Ct Ave Sevierville, TN 37862-3562
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0803475
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,314 SF
Lot
6.25 ac (272,250 SF)
Zoning code
C-1
APN
078049K C 05100 001
UPID
US80-0803475
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
-
Ogle Cushman Real Estate Group Real Estate Agency
-
TN Mountain & Lake Real Estate Real Estate Agency
-
Mortgage Loan Corporation Loan Service
-
Hometown Title Title Company
-
Madison Randolph Consultant
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
Rcm Rentals LLC · 4 yrs held
Rcm Rentals LLC
since 2022
7 recorded transactions
Zoning & alternative use
C-1 · Sevierville, 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 Sevierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sevierville 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,564
Tax year 2021
Assessed value
$45,425
Assessed 2023
Previous assessed
$45,425
+0.0% YoY
Effective rate
3.44%
On assessed value
Assessed land
$2,000
Assessed improvement
$43,425
Land market value
$8,000
Improvement market value
$173,700
Total market value
$181,700
Applied tax rate
78.0000
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
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,314 SF
Lot
6.25 ac (272,250 SF)
Zoning code
C-1
APN
078049K C 05100 001
UPID
US80-0803475
Jurisdiction
SEVIER
Zoning & alternative use
C-1 · Sevierville, TN
Zoning C-1 · permitted uses
C-1 · Sevierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sevierville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
6.25 ac
Current owner
From public records · entity-resolved
Rcm Rentals LLC
Entity
Free & Clear · 4 yrs held
Mailing address
524 ALLENSVILLE RD APT #15, SEVIERVILLE, TN 37876-3112
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
—
Rcm Rentals LLC
Abramax LLC
Quitclaim Deed
related
—
Aug 30, 2021
$865,000
Abramax LLC
Bruce Street Partners
Warranty Deed
$495,759 · Mountain Commerce Bank
Aug 19, 2021
—
Chad Huskey
Don James
Quitclaim Deed
related
—
Aug 16, 2021
$325,000
John Eddie Ogle
Bruce Street Partners
Warranty Deed
$260,000 · Tennessee State Bank
Jan 11, 2021
—
Eric D Delarco
—
Deed
$280,000 · Lee T JR & Vernita E Gamble
Feb 4, 2020
—
Pamala Ogle
Tishia Morris
Quitclaim Deed
related
—
Dec 17, 2019
$275,000
Bruce Street Partners
John W Holder SR.
Warranty Deed
—
Aug 15, 2017
$240,000
Pamal A Ogle
Charles I Poole
Warranty Deed
—
Apr 24, 2009
$211,900
John W Holden JR.
Wassa Investments LLC
Warranty Deed
$328,960 · First Volunteer Bank Tennessee
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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