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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1520 Grv St Loudon, TN 37774-1575

    • Assisted living facilities
    • 42,526 SF
    • 6.00 lot acres
    OFF-MARKET
    Value Estimations
    $795,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1574734
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • River Grove Health and Rehabilitation / Nursing Home
    • Concordia Nursing and Rehabilitation – Loudon - Under New Ownership / Nursing Home / Rehabilitation Center
    • CANDACE JOHNSON / Nurse Practitioner
    • Leslie Elkins / Nursing Home

    Property Details for 1520 Grv St

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    6.00 lot acres
    Property size
    42,526 SF
    Zone code
    R-1-S
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    053041 08900
    APU
    5304108900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $795,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,225,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loudon
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.3327
    Latitude
    35.7263
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $56,920
    $1,800,960
    $1,857,880
    -
    $142,300
    $4,502,400
    $4,644,700

    Comparable in this City

    • Value Estimation
      $19,650,000
      56,697 SF

      100 Chatuga W Dr

      HOMES (RETIRED, NURSING) • 56,697 SF
      100 Chatuga W Dr, Loudon, TN 37774-2786
      View Details
    • Value Estimation by Request
      4,165 SF

      16374 Hotchkiss Vly E Rd

      MEDICAL BUILDING • 4,165 SF
      16374 Hotchkiss Vly E Rd, Loudon, TN 37774-6064
      View Details
    • Value Estimation
      $1,070,000
      12,083 SF

      616 Ward Ave

      MEDICAL BUILDING • 12,083 SF
      616 Ward Ave, Loudon, TN 37774-1323
      View Details
    • Value Estimation by Request
      2,934 SF

      Fry St

      MEDICAL BUILDING • 2,934 SF
      Fry St, Loudon, TN 37774
      View Details
    • Value Estimation
      $655,000
      8,480 SF

      2480 Hwy 72nd N

      MEDICAL BUILDING • 8,480 SF
      2480 Hwy 72nd N, Loudon, TN 37774-5724
      View Details
    • Value Estimation by Request
      2,808 SF

      2933 Hwy 72nd N

      MEDICAL BUILDING • 2,808 SF
      2933 Hwy 72nd N, Loudon, TN 37774-5725
      View Details

    Similar Nearby for Sale

    • $1,900,000
      15,290 SF

      Assisted Living Facility For Sale

      33-unit assisted living facility with city approval for addiction recovery.
      110 River Rd W, Loudon, TN 37774
      View Details
    • $130,000
      0.56 Acres

      Tennessee National Wooded Lot

      0.56 acre lot in gated community with abundant amenities.
      337 Flip Flop Way, Loudon, TN 37774
      View Details
    • $250,000
      0.34 Acres

      Land in Tennessee National

      Premium lot in a sought-after gated community.
      2532 Persimmon Rdg, Loudon, TN 37774
      View Details
    • $534,400

      Loudon Acreage For Sale

      13.36 acres of commercial land available in Loudon, TN.
      Corporate Park Dr, Loudon, TN 37774
      View Details
    • $250,000
      Pending

      Loudon Lakefront Lot For Sale

      Lakefront lot in gated community with amenities and boat slip.
      399 Charleston Lgt, Loudon, TN 37774
      View Details
    • $355,900
      9.08 Acres

      Loudon, TN Estate Tract

      Large estate tracts near I-75 with utilities available.
      Pine Grove Providence Rd, Loudon, TN 37774
      View Details

    Similar Nearby for Lease

    • $349,000
      2,400 SF

      Adaptable Commercial Space Available

      Versatile commercial property suitable for various professional uses.
      1127 Grove St, Loudon, TN 37774
      View Details
    • Contact for pricing

      Class A Distribution Center Development

      Master-planned industrial park with Class A distribution centers for lease.
      1790 Elizabeth Lee Pkwy, Loudon, TN 37774
      View Details
    • Contact for pricing
      173,760 SF

      Loudon Warehouse with Expansion Potential

      173,760 SF warehouse with expansion up to 238,560 SF.
      Huntington Park Dr, Loudon, TN 37774
      View Details
    • Contact for pricing
      62,700 SF

      Loudon Plaza Retail Space For Lease

      Knoxville MSA Shopping Center: 1,400 SF Available
      1477 Tn-72, Loudon, TN 37774
      View Details
    • $1,300 /Mo
      833 SF

      Retail/Office Space in Loudon

      Street-facing commercial space with 5 rooms in Loudon, TN.
      900 Mulberry St, Loudon, TN 37774
      View Details
    • Contact for pricing
      392,636 SF

      Modern Industrial Facility in Loudon

      New 197,276 SF industrial facility with Class-A features.
      1295 Huntington Park Dr, Loudon, TN 37774
      View Details
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    1520 Grv St
    Loudon, TN 37774-1575
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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