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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Commercial land
1733 Topside Rd Louisville, TN 37777-4703
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-3088820
Property summary
AI-generated overview
This exceptional 5.66-acre parcel, located at 1733 Topside Rd in Blount County, Tennessee, presents a unique opportunity for developers. Zoned General Business E, this cleared and leveled lot is ready for immediate development. Extensive site preparation has already been completed, including drainage installation and a soil compaction study. All utilities are conveniently available on-site, simplifying the construction process. The property is offered at $1,850,000, translating to approximately $326,855 per acre. Cash purchase is preferred. The land's versatility allows for various development options, including hospitality and industrial uses. The property is also divisible, with the possibility of purchasing in 1.40-acre tracts. This prime location in Louisville, TN (zip code 37777), offers excellent access to transportation and infrastructure, making it an ideal investment for those seeking a ready-to-build site. The APN is 00500816500. This is a rare opportunity to acquire a fully prepared industrial and residential zoned lot in a thriving Tennessee community.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1965
Total area
3,550 SF
Lot
5.66 ac (246,550 SF)
Zoning code
S
APN
005008 16500
UPID
US80-3088820
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$675k
Owner & transaction history
Robert Darraj · 2 yrs held
Robert Darraj
since 2024
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
S · Louisville, 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 Louisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisville 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
$820,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$520,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$825,000
Current use
MEDICAL BUILDING
$720,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $600k (Mar 11 2022)
Last sale anchor
$600k
Mar 11 2022
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
$190 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,086
Tax year 2022
Assessed value
$235,880
Assessed 2023
Previous assessed
$254,960
-7.5% YoY
Effective rate
5.12%
On assessed value
Assessed land
$235,880
Land market value
$589,700
Total market value
$589,700
Applied tax rate
5.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1965
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,550 SF
Lot
5.66 ac (246,550 SF)
Zoning code
S
APN
005008 16500
UPID
US80-3088820
Jurisdiction
BLOUNT
Zoning & alternative use
S · Louisville, TN
Zoning S · permitted uses
S · Louisville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$825,000
MEDICAL BUILDING
Est. value
$720,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1965
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
5.66 ac
Current owner
From public records · entity-resolved
Robert Darraj
Individual
Free & Clear · 2 yrs held
Mailing address
3525 CENTRAL PARK BLVD, LOUISVILLE, TN 37777-4752
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Robert Darraj
Kiwi Square INC
Quit Claim Deed
related
—
Mar 11, 2022
—
Kiwi Square INC
Robert Darraj
Quit Claim Deed
related
—
Dec 28, 2021
$600,000
Robert Darraj
Steve Cable
Warranty Deed
$390,000 · Pinnacle Bank
Apr 17, 2007
—
Cable,steve
Owner Name Unavailable
Grant Deed
related
—
Dec 23, 1993
$20,000
John Loope
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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