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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Grocery and convenience stores
2246 Carpenters Grade Rd Maryville, TN 37803-2802
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0363212
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,533 SF
Lot
0.58 ac (25,265 SF)
Zoning code
N
APN
005079 08902
UPID
US80-0363212
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
-
Marathon Gas Grocery & Convenience Store
-
Lowe's Market & Deli Food Market Restaurant
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$525k
Owner & transaction history
City Of Maryville · 2 yrs held
City Of Maryville
since 2023
6 recorded transactions
Zoning & alternative use
N · Maryville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$735,000
+106.8%
Medical building
$715,000
+101.9%
Auto repair, garage
$415,000
+16.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$355,000
Current use
COMMERCIAL (GENERAL)
$735,000
Change: +107% · Conversion: Easy
MEDICAL BUILDING
$715,000
Change: +102% · Conversion: Difficult
AUTO REPAIR, GARAGE
$415,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$149 / 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
$6,898
Tax year 2022
Assessed value
$264,960
Assessed 2023
Previous assessed
$279,280
-5.1% YoY
Effective rate
2.60%
On assessed value
Assessed land
$128,040
Assessed improvement
$136,920
Land market value
$320,100
Improvement market value
$342,300
Total market value
$662,400
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
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,533 SF
Lot
0.58 ac (25,265 SF)
Zoning code
N
APN
005079 08902
UPID
US80-0363212
Jurisdiction
BLOUNT
Zoning & alternative use
N · Maryville, TN
Zoning N · permitted uses
N · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$355,000
COMMERCIAL (GENERAL)
Est. value
$735,000
MEDICAL BUILDING
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$415,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
City Of Maryville
Entity
Free & Clear · 2 yrs held
Mailing address
2246 CARPENTERS GRADE RD, MARYVILLE, TN 37803-2802
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
—
City Of Maryville
Jai Maa Khodiyar INC
Warranty Deed
—
Jan 31, 2020
—
Jai Maa Khodiyar INC
—
Deed
related
$85,000 · Smartbank
Apr 2, 2014
$800,000
Jai Maa Khodiyar INC
Law,j Franklin & Mitchell L
Warranty Deed
—
Oct 20, 1999
$625,000
J Franklin Law
Lambert,l V
Grant Deed
—
Jul 3, 1991
$48,500
L V Lambert
Unknown
Grant Deed
—
—
—
Jai Maa Khodiyar INC
—
Deed Of Trust
related
$85,000 · Smartbank
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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