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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Commercial real estate
1541 Oak Rdg Tpke, Oak Ridge, TN 37830-6208
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0237274
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Total area
12,150 SF
Lot
2.05 ac (89,298 SF)
Zoning code
B2
APN
001099N B 01300
UPID
US80-0237274
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
-
Marco's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$3.65M
Owner & transaction history
Osm Balboa Homes · 1 yrs held
Osm Balboa Homes
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
B2 · Oak Ridge, 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 Oak Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Ridge 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
$3,650,000
ML approach
$3,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±10% · vs last sale $3.65M (Oct 1 2024)
Last sale anchor
$3.65M
Oct 1 2024
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
$300 / 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
Property tax & assessments
Assessed value
$688,920
Assessed 2023
Previous assessed
$688,920
+0.0% YoY
Assessed land
$218,680
Assessed improvement
$470,240
Land market value
$546,700
Improvement market value
$1,175,600
Total market value
$1,722,300
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Rooms
3
Bathrooms
3
Total area
12,150 SF
Lot
2.05 ac (89,298 SF)
Zoning code
B2
APN
001099N B 01300
UPID
US80-0237274
Jurisdiction
ANDERSON
Zoning & alternative use
B2 · Oak Ridge, TN
Zoning B2 · permitted uses
B2 · Oak Ridge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Ridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Bathrooms
3
Lot
2.05 ac
Current owner
From public records · entity-resolved
Osm Balboa Homes
Individual
Free & Clear · 1 yrs held
Mailing address
1516 S BUNDY DR STE #300, LOS ANGELES, CA 90025-2681
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
—
Osm Balboa Homes
James Holleman
Correction Deed
related
—
Oct 1, 2024
$3,650,000
Osm Balboa Homes Limited Partnershi
James Holleman
Special Warranty Deed
$2,372,500 · Knoxville Tva Employees Cu
Mar 18, 2015
—
James Holleman
—
Trustees Deed
related
$255,881 · First Nat'l Bk
Nov 27, 2013
$775,000
James Holleman
East Tennessee R/e Invs LLC
Warranty Deed
$525,000 · First National Bank
Feb 15, 2007
$5,300,100
East Tennessee R/e Invs LLC
Newton,herb J
Grant Deed
$4,700,000 · Nissan Motor Acceptance Corp
—
—
Holleman,james
—
Loan Modification
related
$2,137,862 · First Nat'l Bk
—
—
James Holleman
—
Loan Modification
related
$2,350,000 · United Cmnty Bk
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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