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Property profile & analytics
OFF-MARKET
Retail space
225 Collier Dr 1414A Sevierville, TN 37862-6911
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2282938
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
143,457 SF
Lot
18.78 ac (818,057 SF)
Zoning code
C-5
APN
078072 15500
UPID
US80-2282938
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
-
The Resort at Governor's Crossing Hotel & Motel Resort
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
Corey Wendell Smith · 2 yrs held
Corey Wendell Smith
since 2023
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
C-5 · 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
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 2021Property tax & assessments
Tax year 2021
Tax billed
$65,442
Tax year 2021
Assessed value
$3,434,560
Assessed 2023
Previous assessed
$3,434,560
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$1,051,680
Assessed improvement
$2,382,880
Land market value
$2,629,200
Improvement market value
$5,957,200
Total market value
$8,586,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
30
Total area
143,457 SF
Lot
18.78 ac (818,057 SF)
Zoning code
C-5
APN
078072 15500
UPID
US80-2282938
Jurisdiction
SEVIER
Zoning & alternative use
C-5 · Sevierville, TN
Zoning C-5 · permitted uses
C-5 · 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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
30
Lot
18.78 ac
Current owner
From public records · entity-resolved
Corey Wendell Smith
Individual
Mailing address
197 FOOTHILLS MALL DR, MARYVILLE, TN 37801
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2023
$230,000
Corey Wendell Smith
Alex Carlucci
Warranty Deed
$180,000 · Tennessee State Bank
Jun 20, 2022
$400,000
Governors Crossing Leasing And Mgmt
The Resort Fourteen Ten
Warranty Deed
—
Mar 30, 2022
$215,000
John Michael Davis
Christine Allen
Warranty Deed
—
Nov 8, 2018
—
Governors Crossing Owner LLC
Governors Crossing 124 Hudson
Quit Claim Deed
related
—
Apr 2, 2018
$13,850,000
Governors Crossing 124 Hudson Governors Crossing
Rcg-sevierville Spe LLC
Grant Deed
$9,584,833 · Wilmington Tr N 2014-lc17 (ce)
Aug 13, 2014
—
Rcg-sevierville Spe LLC
Rcg-sevierville LLC
Quit Claim Deed
related
$10,000,000 · German Am Cap
Oct 23, 2008
$7,900,000
Rcg-sevierville LLC
Governors Crossing Outlet Mal
Grant Deed
—
Jun 7, 2004
$344,800
R W Davis
Resort In The Crossing LLC
Grant Deed
—
May 10, 2004
$181,900
Murray Garton
Resort In The Crossing LLC
Grant Deed
—
Mar 10, 2004
$119,900
D E Young
Resort In The Crossing LLC
Grant Deed
related
—
Jan 14, 1998
$675,000
Sevierville Partners LLC
Sevierville,part
Grant Deed
related
—
Jun 23, 1997
$2,900,000
Intertainment Sevier
—
Grant Deed
related
—
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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