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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Grocery and convenience stores
2870 Goose Gap Rd, Sevierville, TN 37876-7463
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US80-1418408
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Total area
5,648 SF
Lot
0.79 ac (34,412 SF)
Zoning code
C-3
APN
078093H B 00500
UPID
US80-1418408
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
-
Marathon Gas Grocery & Convenience Store
-
KenJo Markets Grocery & Convenience Store
-
Bitstop Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$715k
Owner & transaction history
Carruthers Charles W · 14 yrs held
Carruthers Charles W
since 2012
7 recorded transactions
Zoning & alternative use
C-3 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$810,000
Current use
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$127 / 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
$3,389
Tax year 2021
Assessed value
$206,000
Assessed 2023
Previous assessed
$206,000
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$17,080
Assessed improvement
$188,920
Land market value
$42,700
Improvement market value
$472,300
Total market value
$515,000
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
2007
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,648 SF
Lot
0.79 ac (34,412 SF)
Zoning code
C-3
APN
078093H B 00500
UPID
US80-1418408
Jurisdiction
SEVIER
Zoning & alternative use
C-3 · Sevierville, TN
Zoning C-3 · permitted uses
C-3 · 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
$810,000
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
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Carruthers Charles W
Individual
Mailing address
PO BOX 4848, MARYVILLE, TN 37802-4848
Ownership since
2012
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
Jun 28, 2012
$1,270,000
Carruthers Charles W
Waldens Creek Market LLC
Warranty Deed
—
May 4, 2011
—
Waldens Creek Market LLC
Huff,linville L & Shirley A
Quit Claim Deed
related
—
Jan 22, 2010
$1,250,000
Linville L Huff
Citizens Natl Bk
Grant Deed
—
Nov 9, 2009
$1,400,000
Citizens Natl Bk
Dickenson Thomas H
Trustees Deed
—
Sep 24, 2008
$142,860
Marrell Jerkins
Corley,sidney J
Warranty Deed
—
Sep 24, 2008
$356,900
Waldens Creek Holdings LLC
Jerkins,marrell
Warranty Deed
related
—
May 21, 2007
—
Marrell Jerkins
—
Trustees Deed
related
$1,729,377 · Citizens National Bank
Dec 22, 2006
$350,000
Marrell Jerkins
Cbr Properties LLC
Warranty Deed
$280,000 · Citizens National Bank
Nov 24, 2004
$185,000
Cbr Properties LLC
Kennedy,leslie G & Tanya
Warranty Deed
$165,000 · Leslie G Kennedy
Dec 16, 2003
$151,200
Leslie G Kennedy
Buchanan,royce & Renee
Grant Deed
—
May 15, 1991
$26,000
Gerald L Miller
Unknown
Grant Deed
—
—
—
Waldens Creek Holdings LLC
—
Deed Of Trust
related
$1,729,377 · Citizens National Bank
—
—
Cbr Properties LLC
—
Deed Of Trust
related
$165,000 · Mountain 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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