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Property profile & analytics
OFF-MARKET
Estimated value
$16,605,000
Parking lots & garages
225 Callahan Dr, Knoxville, TN 37912-1340
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0758149
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2021
Total area
50,857 SF
Lot
37.82 ac (1,647,439 SF)
APN
057PB007
UPID
US80-0758149
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
-
North Knox Chrysler Dodge Jeep RAM Car Dealership Auto Repair Shop
-
Gary's Off Road Center Auto Parts Store
-
North Knoxville Ram Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.61M
Blend (final)
Blend
$16.61M
Owner & transaction history
Fca Realty LLC · 4 yrs held
Fca Realty LLC
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.2M
+124.1%
Medical building
$10.3M
+9.0%
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
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
RESTAURANT
$21,200,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$10,310,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$16.61M
Range $14.94M – $18.27M · ±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
$327 / 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
$185,753
Tax year 2023
Assessed value
$5,007,360
Assessed 2023
Previous assessed
$5,007,360
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$1,980,300
Improvement market value
$10,538,100
Total market value
$12,518,400
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2021
Heating
YES
Cooling
CENTRAL
Units
1
Total area
50,857 SF
Lot
37.82 ac (1,647,439 SF)
APN
057PB007
UPID
US80-0758149
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
RESTAURANT
Est. value
$21.2M
MEDICAL BUILDING
Est. value
$10.3M
RESTAURANT
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
2021
Heating
YES
Cooling
Yes
Units
1
Lot
37.82 ac
Current owner
From public records · entity-resolved
Fca Realty LLC
Entity
Mailing address
1005 OAK RDG TPKE, OAK RIDGE, TN 37830-6805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 20, 2021
—
Fca Realty LLC
White Properties II LLC
Agreement Of Sale
$16,183,589 · Toyota Motor Credit Corp
Jul 1, 2019
—
White Properties II LLC
—
Deed
related
$630,000 · Mountain Commerce Bank
Jun 20, 2017
$385,000
White Properties II LLC
Fuller,rodger JR & Amy
Warranty Deed
—
Apr 13, 2006
$300,000
Rodger Fuller JR.
W Boyd Lonas
Warranty Deed
—
Jul 11, 2001
$270,000
Dion Mountain
Bailey,larry V & Laura G
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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