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Property profile & analytics
OFF-MARKET
Estimated value
$4,910,000
Community centers
215 Brookview Ctr Way Knoxville, TN 37919-4053
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1778195
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2009
Construction
LIGHT FRAME
Total area
14,698 SF
Lot
0.68 ac (29,455 SF)
APN
107PC02902C
UPID
US80-1778195
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
-
Current Cycle Cycling Facility Gym & Fitness Center
-
Clean Eatz Restaurant
-
Barberitos Southwestern Restaurant (Us) Burrito Restaurant
-
DRINK Restaurant
-
European Wax Center Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.79M
Comparable Approach
Comparable
$4.66M
Blend (final)
Blend
$4.91M
Owner & transaction history
Otn Retail Four LLC · 3 yrs held
Otn Retail Four LLC
since 2022
Last sale
$5.1M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+70.3%
Apartment house (5+ units)
$4.3M
+20.6%
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
$4,990,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,105,000
6.5%
$3,790,000
7%
$3,520,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,600,000
Current use
RESTAURANT
$6,130,000
Change: +70% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,340,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$2,980,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$4.91M
Range $4.42M – $5.40M · ±10% · vs last sale $5.12M (Dec 16 2022)
Last sale anchor
$5.12M
Dec 16 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
$334 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$44,331
Tax year 2023
Assessed value
$1,195,040
Assessed 2023
Previous assessed
$1,195,040
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$1,026,200
Improvement market value
$1,961,400
Total market value
$2,987,600
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2009
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Total area
14,698 SF
Lot
0.68 ac (29,455 SF)
APN
107PC02902C
UPID
US80-1778195
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.6M
RESTAURANT
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2009
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Otn Retail Four LLC
Entity
Mailing address
4000 PLEASANT RDG RD STE #200, KNOXVILLE, TN 37912-6155
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
$5,115,000
Otn Retail Four LLC
Brookview Town Centre LLC
Special Warranty Deed
$3,600,000 · Knoxville Tva Employees Cu
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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