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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Casinos
127 Jackson Ave Knoxville, TN 37902-1032
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-1360284
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,750 SF
Lot
0.01 ac (223 SF)
APN
094EF040
UPID
US80-1360284
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
-
Sholly John T Law Firm
-
The Technology Cooperative Coworking & Hybrid Office
-
Studio P Photography Photography Service (Bike/Boat/Book/etc) Store
-
Ann Richards Group at Realty Executives Associates Elite Properties Real Estate Agency
-
MossCreek Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.11M
Owner & transaction history
Hatcher Hill 123 Jackson Ave L · 6 yrs held
Hatcher Hill 123 Jackson Ave L
since 2020
Last sale
$1,920
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $2k (Feb 11 2020)
Last sale anchor
$2k
Feb 11 2020
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
$70 / 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
$13,632
Tax year 2023
Assessed value
$338,320
Assessed 2023
Previous assessed
$338,320
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$177,300
Improvement market value
$668,500
Total market value
$845,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
4
Units
1
Total area
15,750 SF
Lot
0.01 ac (223 SF)
APN
094EF040
UPID
US80-1360284
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
4
Units
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Hatcher Hill 123 Jackson Ave L
Individual
Mailing address
128 N NORTHSHORE DR STE #201, KNOXVILLE, TN 37919-4033
Ownership since
2020
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
Feb 11, 2020
—
Hatcher Hill 123 Jackson Ave L
Hatcher Hill Properties LLC
Quit Claim Deed
related
$3,200,000 · Knoxville Tva Emp Cu
May 30, 2017
$1,920
City Of Knoxville
Hatcher Hill Propertiesllc
Warranty Deed
—
Jan 27, 2015
$1,674,800
Hatcher Hill Properties LLC
Testerman Group LLC
Special Warranty Deed
—
May 9, 1988
$36,000
Clarence D Gaddy JR
Unknown,
Grant Deed
—
—
—
Testerman Group LLC
—
Deed Of Trust
related
$350,000 · Suntrust Bank NA
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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