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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Office Spaces
2029 Red Bank Rd Sevierville, TN 37876-6305
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-2010548
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Total area
6,749 SF
Lot
1.41 ac (61,420 SF)
Zoning code
C-3
APN
078063P D 02000
UPID
US80-2010548
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
-
Compass Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.24M
Owner & transaction history
Yellowstone Rentals LLC · 1 yrs held
Yellowstone Rentals LLC
since 2025
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
$1,415,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.05M (Mar 3 2025)
Last sale anchor
$1.05M
Mar 3 2025
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
$183 / 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
$4,788
Tax year 2021
Assessed value
$251,280
Assessed 2023
Previous assessed
$251,280
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$39,120
Assessed improvement
$212,160
Land market value
$97,800
Improvement market value
$530,400
Total market value
$628,200
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
6,749 SF
Lot
1.41 ac (61,420 SF)
Zoning code
C-3
APN
078063P D 02000
UPID
US80-2010548
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.
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Yellowstone Rentals LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2029 RED BANK RD, SEVIERVILLE, TN 37876-6305
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
—
Daniel Williams Austin
—
Deed
related
$14,000,000 · Wesbanco Bank INC A West Virgini
Mar 3, 2025
—
Yellowstone Rentals LLC
Yellowstone Partners LLC
Quitclaim Deed
related
—
Jul 26, 2022
$1,047,000
Red Bank Office Partners
John R Israel
Warranty Deed
$785,000 · Citizens National Bank
Feb 11, 2020
$650,000
John R Israel
Justin Israel
Warranty Deed
related
—
Jan 24, 2020
—
Justin Israel
2029 Red LLC
Quit Claim Deed
related
—
Oct 10, 2017
—
2029 Red LLC
—
Deed
related
$557,828 · Citizens Nat'l Bk
Mar 1, 2013
$675,000
2029 Red LLC
Cj Properties LLC
Warranty Deed
—
Apr 13, 2009
—
Scarlett Meadows HOA INC
Eastwood LLC
Grant Deed
related
—
Nov 28, 2006
—
Cj Properties LLC
—
Trustees Deed
related
$705,887 · Mountain National Bank
—
—
2029 Red LLC
—
Loan Modification
related
$557,828 · Citizens Nat'l 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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