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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Grocery and convenience stores
2924 Boyds Crk Hwy Sevierville, TN 37876-0376
Entity Owned
11-yr Hold
Free & Clear
Property ID
US80-3230210
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2007
Total area
5,456 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C-2
APN
078025E B 00300
UPID
US80-3230210
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
-
U Shop Gas Station
-
GALAXY E SMOKE & VAPE (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$765k
Owner & transaction history
Veera INC · 11 yrs held
Veera INC
since 2015
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,025,000
7%
$955,000
Alternative Use
Use
Estimation
RETAIL STORES
$785,000
Current use
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$140 / 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
$3,505
Tax year 2021
Assessed value
$236,840
Assessed 2023
Previous assessed
$236,840
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$27,600
Assessed improvement
$209,240
Land market value
$69,000
Improvement market value
$523,100
Total market value
$592,100
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
5,456 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C-2
APN
078025E B 00300
UPID
US80-3230210
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
$785,000
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
0.98 ac
Current owner
From public records · entity-resolved
Veera INC
Entity
Free & Clear · 11 yrs held
Mailing address
2924 BOYDS CRK HWY, SEVIERVILLE, TN 37876-0376
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2015
$775,000
Veera INC
Aziz Anwarhusain Kherani
Warranty Deed
—
Mar 3, 2011
$1,000,000
Am-kel Services LLC
Citizens Natl Bk
Grant Deed
$900,000 · Citizens National Bank
Oct 23, 2009
$1,250,000
Citizens Natl Bk
Dickenson Thomas H
Trustees Deed
related
—
Oct 30, 2008
—
Smoky Mountain Handy Sac LLC
—
Deed Of Trust
related
$1,438,537 · Citizens National Bank
Sep 24, 2008
$211,150
Marrell Jerkins
Corley,sidney J & Pamela J
Warranty Deed
—
Sep 24, 2008
$422,300
Smoky Mountain Handy Sac LLC
Jerkins,marrell & Lisa A
Warranty Deed
—
Aug 20, 2007
—
Sidney J Corley
—
Trustees Deed
related
$50,000 · Citizens National Bank
Aug 11, 2006
—
Marrell Jerkins
—
Trustees Deed
related
$1,438,537 · Citizens National Bank
Sep 1, 2005
$145,000
Sidney J Corley
Dixon,gary & Carolyn
Warranty Deed
$123,250 · Farm Credit Svcs Mid-america
—
—
Gary Dixon
—
Deed Of Trust
related
$105,000 · Bessie M Underwood
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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