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Property profile & analytics
OFF-MARKET
Office Spaces
303 Ellis Ave Maryville, TN 37804-5842
Trust Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1589201
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1973
Total area
4,800 SF
Lot
0.29 ac (12,632 SF)
Zoning code
HD
APN
005058A K 01200
UPID
US80-1589201
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
-
Brackett & Strunk, P.L.L.C. Accounting Firm Loan Service
-
Peggy Norris, Tennessee Mountains Realty Group Real Estate Agency
-
HealthMarkets Insurance - Samantha McCord Insurance Agency
-
Referral Network for Real Estate Mega Moms Real Estate Agency
-
Tennessee Mountains Realty Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Butler Family Cp Trust The · 2 yrs held
Butler Family Cp Trust The
since 2024
7 recorded transactions
Zoning & alternative use
HD · Maryville, 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 Maryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$2,539
Tax year 2022
Assessed value
$165,680
Assessed 2023
Previous assessed
$102,800
+61.2% YoY
Effective rate
1.53%
On assessed value
Assessed land
$50,560
Assessed improvement
$115,120
Land market value
$126,400
Improvement market value
$287,800
Total market value
$414,200
Applied tax rate
5.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1973
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
4,800 SF
Lot
0.29 ac (12,632 SF)
Zoning code
HD
APN
005058A K 01200
UPID
US80-1589201
Jurisdiction
BLOUNT
Zoning & alternative use
HD · Maryville, TN
Zoning HD · permitted uses
HD · Maryville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Butler Family Cp Trust The
Trust
Free & Clear · 2 yrs held
Mailing address
354 CHILHOWEE VW RD, MARYVILLE, TN 37803-4254
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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 17, 2024
—
Butler Family Cp Trust The
Erin A Butler
Warranty Deed
—
Aug 26, 2020
—
Larry B Butler
—
Deed Of Trust
related
$300,000 · Smartbank
Aug 22, 2013
$215,000
Larry B Butler
Bud Allison Memorial Lodge
Warranty Deed
—
Aug 31, 2009
$300,000
Bud Allison Memorial Ldg
Owner Name Unavailable
Warranty Deed
related
—
Oct 31, 2006
—
Gregory,james R
Owner Name Unavailable
Grant Deed
related
—
Mar 1, 1990
$140,000
Reve E Mcdavid
Unknown
Grant Deed
—
Jul 13, 1988
$114,756
Regal Investment Company
Unknown,
Grant Deed
—
Mar 22, 1988
$50,500
Jerry G Cunningham
Unknown,
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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