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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Grocery and convenience stores
2720 Newport Hwy, Sevierville, TN 37876-2200
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0782750
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Construction
FRAME
Total area
4,112 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C-2
APN
078041 00900
UPID
US80-0782750
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
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
-
ATM (Chambers Market) Atm Grocery Store
-
bp Car Wash
-
Chambers Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$569k
Blend (final)
Blend
$700k
Owner & transaction history
Kum Kum Property INC · 8 yrs held
Kum Kum Property INC
since 2017
7 recorded transactions
Zoning & alternative use
C-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
RETAIL STORES
$590,000
Current use
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$170 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,124
Tax year 2021
Assessed value
$278,640
Assessed 2023
Previous assessed
$278,640
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$42,120
Assessed improvement
$236,520
Land market value
$105,300
Improvement market value
$591,300
Total market value
$696,600
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
3
Total area
4,112 SF
Lot
1.39 ac (60,548 SF)
Zoning code
C-2
APN
078041 00900
UPID
US80-0782750
Jurisdiction
SEVIER
Zoning & alternative use
C-2 · Sevierville, TN
Zoning C-2 · permitted uses
C-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$590,000
RETAIL STORES Current
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
3
Lot
1.39 ac
Current owner
From public records · entity-resolved
Kum Kum Property INC
Entity
Mailing address
2720 NEWPORT HWY, SEVIERVILLE, TN 37876-2200
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2017
$1,375,000
Kum Kum Property INC
Gerald M Chambers
Warranty Deed
—
Aug 24, 2007
$60,000
Robert Nichols
Jones,teddy & Kristy
Quit Claim Deed
related
—
Aug 13, 2007
—
Teddy Jones
Chambers,gerald M & Melissa
Quit Claim Deed
related
—
Jan 4, 2006
$200,000
Gerald M Chambers
Loveday,wayne
Warranty Deed
$600,000 · Tennessee State Bank
Jul 19, 1993
$66,300
Charlene Loveday T Plemons
Unknown
Grant Deed
—
Apr 15, 1993
$70,000
Wayne Loveday
Unknown,
Grant Deed
—
—
—
Gerald M Chambers
—
Deed Of Trust
related
$225,000 · Tennessee State Bank
—
—
Gerald M Chambers
—
Loan Modification
related
$1,300,000 · Citizens National Bank
—
—
Gerald M Chambers
—
Deed Of Trust
related
$191,250 · Tennessee State Bank
—
—
Gerald M Chambers
—
Deed Of Trust
related
$200,000 · Citizens National Bank
—
—
Gerald M Chambers
—
Deed Of Trust
related
$1,115,000 · Citizens National Bank
—
—
Gerald M Chambers
—
Deed Of Trust
related
$1,071,416 · Citizens National Bank
—
—
Gerald M Chambers
—
Deed Of Trust
related
$1,290,540 · Citizens National Bank
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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