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Property profile & analytics
OFF-MARKET
Estimated value
$4,995,000
Manufacturing properties
1624 Riverside Dr Knoxville, TN 37915-3208
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1817978
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1981
Construction
CONCRETE
Total area
46,976 SF
Lot
3.2 ac (139,392 SF)
APN
095JB002
UPID
US80-1817978
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
-
Knoxville Wrecker Service Auto Repair Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.85M
Comparable Approach
Comparable
$4.29M
Blend (final)
Blend
$5.00M
Owner & transaction history
Dominion Riverside LLC · 5 yrs held
Dominion Riverside LLC
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.5M
+133.1%
Retail stores
$6.3M
+94.7%
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
$5,135,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,255,000
6.5%
$4,850,000
7%
$4,505,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,220,000
Current use
AUTO REPAIR, GARAGE
$7,510,000
Change: +133% · Conversion: Easy
RETAIL STORES
$6,275,000
Change: +95% · Conversion: Moderate
Blend value · Realmo final
$5.00M
Range $4.50M – $5.49M · ±10% · vs last sale $5.00M (Jan 7 2021)
Last sale anchor
$5.00M
Jan 7 2021
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
$106 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$25,486
Tax year 2024
Assessed value
$1,640,000
Assessed 2024
Previous assessed
$1,960,000
-16.3% YoY
Effective rate
1.55%
On assessed value
Land market value
$3,194,200
Improvement market value
$1,702,100
Total market value
$4,896,300
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
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
1
Total area
46,976 SF
Lot
3.2 ac (139,392 SF)
APN
095JB002
UPID
US80-1817978
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$7.5M
RETAIL STORES
Est. value
$6.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1981
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Dominion Riverside LLC
Entity
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
$5,000,000
Dominion Riverside LLC
Royal Properties INC
Warranty Deed
$4,000,000 · First Century Bank
Jan 2, 2020
—
Royal Properties INC
—
Deed
related
$249,000 · Peoples Bk/south, The
May 11, 2018
—
Royal Properties INC
—
Trustees Deed
related
$249,000 · Peoples Bk
Dec 19, 2016
—
Royal Properties INC
—
Deed
related
$2,939,662 · Peoples Bk/south, The
Oct 13, 2009
—
Royal Properties INC
Riverside Properties INC
Quit Claim Deed
related
—
Jun 20, 1995
$850,000
Jimmy R Reese
State Of Tenness
Grant Deed
$116,400 · Countrywide Home Loans INC
Feb 3, 1995
$33,000
Bess Reedy
State Of Tenness
Grant Deed
$30,500 · Ornl FCU
Dec 28, 1994
$33,000
Anthony H Ritter
Regal,corporatio
Grant Deed
$32,500 · Irene Hatcher Groseclose Etvir
Dec 16, 1994
$33,000
Regal Corporation
Riverside,proper
Grant Deed
—
Jan 31, 1992
$850,000
Riverside Properties INC
Unknown,
Grant Deed
—
Dec 31, 1991
$850,000
Riverside Properties INC
Unknown
Grant Deed
—
—
—
Royal Properties INC
—
Deed Of Trust
related
$15,500,000 · Regions Bk
—
—
Royal Properties INC
—
Deed Of Trust
related
$918,000 · Jefferson Federal Bank
—
—
Royal Properties INC
—
Deed Of Trust
related
$249,000 · Peoples Bk/south, The
—
—
Royal Properties INC
—
Deed Of Trust
related
$2,939,662 · Peoples Bk/south, The
—
—
Riverside Properties
—
Deed Of Trust
related
$1,150,000 · First American National Bank
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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