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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Retail space
1540 Old Newport Hwy Sevierville, TN 37862-5109
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0735956
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
FRAME
Total area
9,100 SF
Lot
0.92 ac (40,075 SF)
Zoning code
C-3
APN
078050M A 02100
UPID
US80-0735956
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$906k
Blend (final)
Blend
$955k
Owner & transaction history
Bmg Yield Fund II LLC · 3 yrs held
Bmg Yield Fund II LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C-3 · 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
Method
Estimation
Statistic approach
$900,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,175,000
Current use
AUTO REPAIR, GARAGE
$970,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $1.01M (Mar 2 2023)
Last sale anchor
$1.01M
Mar 2 2023
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
$105 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$5,029
Tax year 2021
Assessed value
$263,920
Assessed 2023
Previous assessed
$263,920
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$40,000
Assessed improvement
$223,920
Land market value
$100,000
Improvement market value
$559,800
Total market value
$659,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
9,100 SF
Lot
0.92 ac (40,075 SF)
Zoning code
C-3
APN
078050M A 02100
UPID
US80-0735956
Jurisdiction
SEVIER
Zoning & alternative use
C-3 · Sevierville, TN
Zoning C-3 · permitted uses
C-3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$970,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Bmg Yield Fund II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
530 E MAIN ST, RICHMOND, VA 23219-2418
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2023
—
Bmg Yield Fund II LLC
—
Deed
related
$55,000,000 · Wells Fargo Bank NA
Mar 2, 2023
$1,010,000
Bmg Yield Fund II LLC
Exodus 20 20 LLC
Warranty Deed
—
Dec 29, 2020
$1,000,000
Exodus 20-20 LLC
C M Russell Properties LLC
Warranty Deed
—
Dec 19, 2006
$730,000
Cm Russell Properties LLC
Southeastern Developers LLC
Warranty Deed
$584,000 · Wachovia Bank NA
Oct 11, 2005
$200,000
Southeastern Developers LLC
Bashore,brian D & Rachel M
Warranty Deed
$520,000 · Bank Of Lincoln Cnty
Oct 25, 2002
—
Brian D Bashore
Pfegger,steven
Grant Deed
$143,500 · Branch Banking & Trust Co
Oct 23, 2002
$95,000
Steven Pfeffer
Townsend,june A & Mary L
Grant Deed
—
May 24, 1990
$12,000
Ja Townsend
Unknown
Grant Deed
—
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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