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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Medical Office Space
264 Peters Rd Knoxville, TN 37923-5203
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-2035974
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2011
Total area
5,120 SF
APN
132 03417
UPID
US80-2035974
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
-
Prestige Cleaners Inc (Bike/Boat/Book/etc) Store
-
The Tee Spot Marketing & Advertising Printing Service
-
First State Finance Bank Loan Service
-
Living Tree Lab Dental Office
-
Cutshaw Dental Lab Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.32M
Owner & transaction history
Bennett And Bella LLC · 1 yrs held
Bennett And Bella LLC
since 2025
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+105.7%
Apartment house (5+ units)
$1.6M
+53.9%
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
$1,280,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,040,000
Current use
RESTAURANT
$2,135,000
Change: +106% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,595,000
Change: +54% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±10% · vs last sale $1.70M (Jan 29 2025)
Last sale anchor
$1.70M
Jan 29 2025
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
$258 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$410,960
Assessed 2023
Previous assessed
$410,960
+0.0% YoY
Land market value
$447,100
Improvement market value
$580,300
Total market value
$1,027,400
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2011
Heating
STEAM
Stories
1
Units
1
Total area
5,120 SF
APN
132 03417
UPID
US80-2035974
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
MEDICAL BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2011
Heating
STEAM
Stories
1
Units
1
Current owner
From public records · entity-resolved
Bennett And Bella LLC
Entity
Mailing address
264 S PETERS RD, KNOXVILLE, TN 37923-5203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
$1,700,000
Bennett And Bella LLC
Malone And Malone LLC
Warranty Deed
$1,445,000 · Southeast Bank
Jun 28, 2013
—
Knoxville Smiles LLC
D & G PC
Quit Claim Deed
related
$850,000 · Mountain Commerce Bank
Jun 20, 2013
—
D PC
Emerald Inv LP Of Knoxville
Quit Claim Deed
related
—
—
—
James G Rickman
—
Loan Modification
related
$532,000 · First Tennessee Bank National
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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