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Property profile & analytics
OFF-MARKET
Estimated value
$18,945,000
Hotels
250 Brookview Ctr Way Knoxville, TN 37919-4016
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1206142
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2013
Construction
LIGHT FRAME
Total area
80,194 SF
Lot
1.82 ac (79,279 SF)
APN
107PC02901
UPID
US80-1206142
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
-
Brookview event meeting space Conference Center Trade Show Venue
-
Courtyard Knoxville West/Bearden Hotel & Motel
-
250 Brookview Centre Way Parking Parking Lot & Garage
-
Tesla Supercharger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.68M
Blend (final)
Blend
$18.95M
Owner & transaction history
Sachchidanand Hotel Brookview LLC · 3 yrs held
Sachchidanand Hotel Brookview LLC
since 2023
Last sale
$23.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$23.7M
+123.0%
Neighborhood: shopping center
$19.6M
+84.9%
Medical building
$16.3M
+53.0%
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
$20,910,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$23,685,000
Change: +123% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$19,635,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$16,255,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,820,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$18.95M
Range $17.05M – $20.84M · ±10% · vs last sale $23.23M (Mar 9 2023)
Last sale anchor
$23.23M
Mar 9 2023
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
$236 / 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
$203,987
Tax year 2023
Assessed value
$5,498,880
Assessed 2023
Previous assessed
$5,498,880
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$842,200
Improvement market value
$12,905,000
Total market value
$13,747,200
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2013
Construction
LIGHT FRAME
Heating
YES
Stories
6
Units
1
Total area
80,194 SF
Lot
1.82 ac (79,279 SF)
APN
107PC02901
UPID
US80-1206142
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$23.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.6M
MEDICAL BUILDING
Est. value
$16.3M
AUTO REPAIR, GARAGE
Est. value
$12.8M
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Construction
LIGHT FRAME
Heating
YES
Stories
6
Units
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Sachchidanand Hotel Brookview LLC
Entity
Mailing address
206 S ILLINOIS AVE, OAK RIDGE, TN 37830-6203
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
$23,230,000
Sachchidanand Hotel Brookview LLC
Concord Nilhan Brookview LLC
Limited Warranty Deed
$21,184,000 · Citizens National Bank
Dec 21, 2022
—
Concord Nilhan Brookview LLC
—
Deed
related
$13,000,000 · Western Alliance Bank
Aug 15, 2022
—
Concord Nilhan Brookview LLC
—
Deed
related
$13,000,000 · Western Alliance Bank
Jun 8, 2020
—
Concord Nilhan Brookview LLC
—
Deed
related
$13,000,000 · Western Alliance Bk
Jun 20, 2012
—
Concord Nilhan Brookview LLC
—
Grant Deed
related
$10,887,500 · Us Bank NA
Jul 29, 2011
$1,750,000
Concord Nilhan Brookview LLC
Brookview Town Centre LLC
Grant Deed
—
Oct 21, 2010
—
Brookview Town Centre LLC
—
Grant Deed
related
$2,000,000 · Brookview Lending Group I
—
—
Concord Nilhan Brookview LLC
—
Loan Modification
related
$13,000,000 · Western Alliance 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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