Back to Search
Property profile & analytics
OFF-MARKET
Retail space
1223 Wright Rd Alcoa, TN 37701
Individually Owned
Free & Clear
Property ID
US80-2715766
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
405 SF
Lot
21 ac (914,760 SF)
Zoning code
OS
APN
005036L A 00500
UPID
US80-2715766
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
-
Alcoa High School Soccer Field Sports Field & Court Sports School
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
CITY ALCOA
CITY ALCOA
Zoning & alternative use
OS · Alcoa, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1 Planned Commercial Unit Development E-1 (PDF) 2.12 Planned Commercial Light Manufacturing Unit Development E-2 (PDF) 2.13 Mixed Use E-3 (PDF) 2.14 Light Industrial F (PDF) 2.15 Heavy Industrial G (PDF) 2.16 Open Space OS (PDF) 2.17 Buffer B1 (PDF) 2.18 Limited Restriction I (PDF) 2.19 Research and Development Park R and DP (PDF) 2.20 Landscaping Ordinance…
Zone name
Open Space
General category
OPEN_SPACE
Zone area
1,178.47 ac
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 Alcoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alcoa 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 2022Property tax & assessments
Tax year 2022
Land market value
$357,800
Improvement market value
$99,600
Total market value
$457,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
405 SF
Lot
21 ac (914,760 SF)
Zoning code
OS
APN
005036L A 00500
UPID
US80-2715766
Jurisdiction
BLOUNT
Zoning & alternative use
OS · Alcoa, TNZoning OS · permitted uses
OS · Alcoa, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1 Planned Commercial Unit Development E-1 (PDF) 2.12 Planned Commercial Light Manufacturing Unit Development E-2 (PDF) 2.13 Mixed Use E-3 (PDF) 2.14 Light Industrial F (PDF) 2.15 Heavy Industrial G (PDF) 2.16 Open Space OS (PDF) 2.17 Buffer B1 (PDF) 2.18 Limited Restriction I (PDF) 2.19 Research and Development Park R and DP (PDF) 2.20 Landscaping Ordinance (PDF) 2.21 General Provisions (PDF) 2.22 Off-street Parking (PDF) 2.23 Storage Aba
Zone name
Open Space
General category
OPEN_SPACE
Zone area
1,178.47 ac
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
21 ac
Current owner
From public records · entity-resolved
CITY ALCOA
Individual
Free & Clear · 0 yrs held
Mailing address
223 ASSOCIATES BLVD, ALCOA, TN 37701-1943
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1223 Wright Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
