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Property profile & analytics
OFF-MARKET
Estimated value
$3,960,000
Community centers
2559 Willow Pt Way Knoxville, TN 37931-3162
Individually Owned
13-yr Hold
Absentee Owner
Property ID
US80-1007483
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2010
Total area
30,006 SF
Lot
2.5 ac (108,900 SF)
APN
104BC00100N
UPID
US80-1007483
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
-
Volunteer Pharmacy Pharmacy
-
Camilla Frost Pharmacy
-
Sarah Roddy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.96M
Blend (final)
Blend
$3.96M
Owner & transaction history
Community S Bk · 13 yrs held
Community S Bk
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.1M
+5.3%
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
NEIGHBORHOOD: SHOPPING CENTER
$5,780,000
Current use
MEDICAL BUILDING
$6,080,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,795,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.96M
Range $3.56M – $4.36M · ±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
$132 / 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
$19,419
Tax year 2023
Assessed value
$1,249,600
Assessed 2023
Previous assessed
$1,249,600
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$1,635,100
Improvement market value
$1,488,900
Total market value
$3,124,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2010
Heating
YES
Units
1
Total area
30,006 SF
Lot
2.5 ac (108,900 SF)
APN
104BC00100N
UPID
US80-1007483
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2010
Heating
YES
Units
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Community S Bk
Individual
Mailing address
1111 N NORTHSHORE DR STE P195, KNOXVILLE, TN 37919-3803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jul 24, 2020
—
Hardin Valley Partners LLC
—
Deed
related
$1,500,000 · Firstbank
Jul 2, 2019
—
Hardin Valley Partners LLC
—
Loan Modification
related
$1,500,000 · Firstbank
Jul 20, 2018
—
Hardin Valley Partners LLC
—
Deed
related
$2,325,000 · Knoxville Tva Emp Cu
Jun 24, 2016
—
Hardin Valley Partners LLC
—
Deed
related
$1,500,000 · Clayton Bk&tr
May 28, 2013
$4,798,240
Community S Bk
Msm Dev LLC
Deed In Lieu Of Foreclosure
related
—
—
—
Hardin Valley Partners LLC
—
Loan Modification
related
$1,500,000 · Firstbank
—
—
Hardin Valley Partners LLC
—
Deed Of Trust
related
$1,500,000 · Clayton Bk&tr
—
—
Hardin Valley Partners LLC
—
Deed Of Trust
related
$2,325,000 · Knoxville Tva Emp 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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