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Property profile & analytics
OFF-MARKET
Estimated value
$13,540,000
Golf courses & driving ranges
1230 Cassell Vly Way Knoxville, TN 37912-5687
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-3565942
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
2005
Construction
WOOD FRAME
Total area
1,632 SF
Lot
18.91 ac (823,720 SF)
APN
081HA018
UPID
US80-3565942
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
-
Cassell Ridge Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.88M
Blend (final)
Blend
$13.54M
Owner & transaction history
Mim Cassell Ridge LLC · 1 yrs held
Mim Cassell Ridge LLC
since 2025
Last sale
$13.7M
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
Method
Estimation
Statistic approach
$13,320,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.54M
Range $12.19M – $14.89M · ±10% · vs last sale $13.65M (Apr 1 2022)
Last sale anchor
$13.65M
Apr 1 2022
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
$8,297 / 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
$191,250
Tax year 2023
Assessed value
$5,155,560
Assessed 2023
Previous assessed
$5,155,560
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$624,000
Improvement market value
$12,264,900
Total market value
$12,888,900
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
2005
Construction
WOOD FRAME
Heating
STEAM
Buildings
6
Stories
1
Units
1
Total area
1,632 SF
Lot
18.91 ac (823,720 SF)
APN
081HA018
UPID
US80-3565942
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
2005
Construction
WOOD FRAME
Heating
STEAM
Stories
1
Buildings
6
Units
1
Lot
18.91 ac
Current owner
From public records · entity-resolved
Mim Cassell Ridge LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3111 PACES ML RD SE STE A250, ATLANTA, GA 30339-5704
Ownership since
2025
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
Jan 14, 2025
$15,900,000
Mim Cassell Ridge LLC
Hallmark Cassell Ridge LLC
Special Warranty Deed
—
Apr 1, 2022
$13,650,000
Hallmark Cassell Ridge LLC
Cassell Ridge LP
Special Warranty Deed
$10,133,000 · Readycap Commercial LLC
Oct 22, 2003
—
Ridge Ridge LP Cassell
G-m Family Partnership
Grant Deed
$350,000 · Amsouth Bank
—
—
Ridge Cassell
—
Deed Of Trust
related
$4,500,000 · Chartermac Mortgage Cap Corp
—
—
James A Griffin
—
Deed Of Trust
related
$10,750 · Regency Finance Co
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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