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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Casinos
312 Gay St Knoxville, TN 37902-1244
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0778103
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,412 SF
Lot
0.15 ac (6,438 SF)
APN
095IA043
UPID
US80-0778103
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
-
Platinum Equity Advisors LLC Corporate Office Financial Advisor
-
The Humble Hog Restaurant
-
The Century Building General Contractor
-
Rowland & Rowland Law Firm
-
Robert Allen Design Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Peter M Hall · 1 yrs held
Peter M Hall
since 2024
Last sale
$711,600
7 recorded transactions
Zoning & alternative use
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 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $712k (Dec 3 2024)
Last sale anchor
$712k
Dec 3 2024
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
$35 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30,906
Tax year 2023
Assessed value
$766,960
Assessed 2023
Previous assessed
$766,960
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$350,600
Improvement market value
$1,566,800
Total market value
$1,917,400
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
5
Units
1
Total area
20,412 SF
Lot
0.15 ac (6,438 SF)
APN
095IA043
UPID
US80-0778103
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
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
5
Buildings
2
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Peter M Hall
Individual
Mailing address
1462 RUDDER LN, KNOXVILLE, TN 37919-8434
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
$711,600
Peter M Hall
Double Black Swan LLC
Warranty Deed
$415,000 · First Century Bank
Nov 8, 2024
$693,000
Megan Cass LLC
Double Black Swan LLC
Warranty Deed
—
Jul 10, 2024
$2,216,500
16 Emory LLC
Double Black Swan LLC
Warranty Deed
—
Jul 7, 2021
$4,000,000
Double Black Swan LLC
Century Partnership LLC
Warranty Deed
—
Aug 31, 2018
—
Century Ptshp LLC
—
Deed
related
$3,828,500 · Angel Oak Com'l Bridge LLC
Jun 3, 2015
—
Century Ptshp LLC
—
Trustees Deed
related
$3,552,906 · Ornl FCU
Nov 5, 2013
$1,000,000
Century Partnership LLC
Century General Pa
Warranty Deed
$1,015,843 · American Trust Bank Of East Tenness
Jan 6, 2005
$1,200,000
Samuel J Furrow
Rowland Michael Y Trust
Warranty Deed
—
Jun 26, 2000
$669,240
Rowland Trust
Rowland & Rowland PC
Grant Deed
related
—
—
—
Century Ptshp LLC
—
Deed Of Trust
related
$3,828,500 · Angel Oak Com'l Bridge LLC
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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