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Property profile & analytics
OFF-MARKET
Office Spaces
215 Ellis Ave Maryville, TN 37804-5910
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0313168
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,333 SF
Lot
0.3 ac (13,068 SF)
Zoning code
HD
APN
005058A K 01400
UPID
US80-0313168
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
-
Lash Pro Hair Salon Nail Salon
-
Shanks & Associates Real Estate Agency
-
A Secret Safe Place for Newborns Tennessee Charitable Organization Social Service Agency
-
Foothills Refinery Spa & Massage Center Alternative Medicine Practice
-
LaRue & Co, Lash and Skin Studio Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Southern Cross Real Estate Partners · 1 yrs held
Southern Cross Real Estate Partners
since 2025
Last sale
$335,000
7 recorded transactions
Zoning & alternative use
HD · Maryville, 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 Maryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,422
Tax year 2022
Assessed value
$166,640
Assessed 2023
Previous assessed
$138,560
+20.3% YoY
Effective rate
2.05%
On assessed value
Assessed land
$38,360
Assessed improvement
$128,280
Land market value
$95,900
Improvement market value
$320,700
Total market value
$416,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
4,333 SF
Lot
0.3 ac (13,068 SF)
Zoning code
HD
APN
005058A K 01400
UPID
US80-0313168
Jurisdiction
BLOUNT
Zoning & alternative use
HD · Maryville, TN
Zoning HD · permitted uses
HD · Maryville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Southern Cross Real Estate Partners
Entity
Free & Clear · 1 yrs held
Mailing address
215 ELLIS AVE, MARYVILLE, TN 37804-5910
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
$1,875,000
Southern Cross Real Estate Partners
Harvest Hospitality Group LLC
Warranty Deed
—
Feb 28, 2024
—
David A Shanks Living Trust The
David A Shanks
Quitclaim Deed
related
—
Feb 28, 2024
$194,934
Southern Cross Real Estate
David A Shanks Living Trust The
Quitclaim Deed
related
—
Oct 16, 2023
—
The David A Shanks Living Trust
David A Shanks
Quit Claim Deed
related
—
Aug 19, 2021
—
David A Shanks
City Of Maryville
Quitclaim Deed
related
—
Dec 20, 2019
—
David Shanks
—
Deed
related
$339,593 · 1880 Bk
Oct 3, 2018
$180,000
David A Shanks
Mckinney,lee A
Warranty Deed
—
Mar 8, 2018
—
Lee A Mckinney
Mckinney,lee A & James H
Quitclaim Deed
related
—
Jun 14, 2012
$335,000
David A Shanks
Braun,david A & Cynthia W
Warranty Deed
—
Jun 11, 2012
$335,000
Braun,david A & Cynthia W
Owner Name Unavailable
Grant Deed
related
—
—
—
David Shanks
—
Deed Of Trust
related
$339,593 · 1880 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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