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Property profile & analytics
OFF-MARKET
Estimated value
$7,870,000
Super regional malls
228 Interstate Dr, Crossville, TN 38555-5432
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-0568033
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1987
Construction
FRAME
Total area
179,955 SF
Lot
11.8 ac (514,008 SF)
APN
018087 03218
UPID
US80-0568033
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
-
Crossville Outlet Center Shopping Center & Mall
-
TJ Wallace Lashes Hair Salon Nail Salon
-
Rack Room Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Bounce Partyz Inflatable rentals & Fun Zone Party Supply Store Rental Equipment Company
-
Trump Stuff Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.87M
Owner & transaction history
Orion Investments Of Tennessee LLC · 4 yrs held
Orion Investments Of Tennessee LLC
since 2022
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
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 Crossville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crossville 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
$7,815,000
ML approach
$8,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$12,930,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$10,030,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.87M
Range $7.08M – $8.66M · ±10% · vs last sale $7.90M (Apr 28 2022)
Last sale anchor
$7.90M
Apr 28 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
$44 / 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
Property tax & assessments
Assessed value
$1,417,720
Assessed 2023
Previous assessed
$1,417,720
+0.0% YoY
Assessed land
$197,200
Assessed improvement
$1,220,520
Land market value
$493,000
Improvement market value
$3,051,300
Total market value
$3,544,300
Applied tax rate
18.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
10
Total area
179,955 SF
Lot
11.8 ac (514,008 SF)
APN
018087 03218
UPID
US80-0568033
Jurisdiction
CUMBERLAND
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
RETAIL STORES
Est. value
$12.9M
WAREHOUSE, STORAGE
Est. value
$10.0M
RETAIL STORES
WAREHOUSE, STORAGE
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
1987
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
10
Lot
11.8 ac
Current owner
From public records · entity-resolved
Orion Investments Of Tennessee LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1872 WW AVE STE #101, CROSSVILLE, TN 38555-6042
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
$7,900,000
Orion Investments Of Tennessee LLC
Crossville Outlet Center LLC
Warranty Deed
—
Mar 19, 2021
—
State Of Tennesse
Crossville Outlet Mall LLC
Correction Deed
related
—
Sep 30, 2019
$4,375,000
Crossville Outlet Center LLC
Crossville Outlet Mall LLC
Warranty Deed
—
Apr 10, 2017
—
Crossville Outlet Mall LLC
—
Deed
related
$4,087,000 · Greater Nv Cu
Mar 27, 2013
$4,000,000
Crossville Outlet Mall LLC
Blue Lake Farms INC
Warranty Deed
$1,043,631 · Blue Lake Farms INC
Oct 11, 2001
$5,134,805
Cpg Finance II LLC
Kpt Remic Loan L
Grant Deed
related
—
Jan 4, 1995
$2,928,943
Fsa Properties INC
—
Grant Deed
related
—
Jun 15, 1993
$2,764,512
Factory Stores Of America
Unknown
Grant Deed
—
Jun 7, 1993
$2,764,512
Factory Stores Of Amer INC
Unknown,
Grant Deed
—
May 31, 1988
$290,000
—
Unknown,
Grant Deed
related
—
—
—
Crossville Outlet Mall LLC
—
Deed Of Trust
related
$4,087,000 · Greater Nv 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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