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Property profile & analytics
OFF-MARKET
Estimated value
$12,435,000
Hotels
364 Lovell Rd Knoxville, TN 37934-1907
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2911026
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2020
Total area
64,510 SF
Lot
2.32 ac (101,059 SF)
APN
131 05701
UPID
US80-2911026
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
-
Aloft Hotels Hotel & Motel
-
Aloft Knoxville West Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.01M
Blend (final)
Blend
$12.44M
Owner & transaction history
Cpx West Knoxville LLC · 4 yrs held
Cpx West Knoxville LLC
since 2022
Last sale
$13.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$20.1M
+135.6%
Medical building
$13.1M
+53.0%
Neighborhood: shopping center
$12.4M
+45.4%
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
$13,175,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,545,000
Current use
APARTMENT HOUSE (5+ UNITS)
$20,125,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$13,075,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,425,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,315,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$8,615,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$12.44M
Range $11.19M – $13.68M · ±10% · vs last sale $13.50M (Jan 21 2022)
Last sale anchor
$13.50M
Jan 21 2022
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
$193 / 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
$183,998
Tax year 2023
Assessed value
$4,960,040
Assessed 2023
Previous assessed
$4,960,040
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$1,017,300
Improvement market value
$11,382,800
Total market value
$12,400,100
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2020
Heating
YES
Stories
5
Units
1
Total area
64,510 SF
Lot
2.32 ac (101,059 SF)
APN
131 05701
UPID
US80-2911026
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$8.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.1M
MEDICAL BUILDING
Est. value
$13.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.4M
AUTO REPAIR, GARAGE
Est. value
$10.3M
RETAIL STORES
Est. value
$8.6M
HOTEL/MOTEL Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
2020
Heating
YES
Stories
5
Units
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Cpx West Knoxville LLC
Entity
Mailing address
100 E RIVERCENTER BLVD STE #1100, COVINGTON, KY 41011-1577
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$13,500,000
Cpx West Knoxville LLC
Turkey Creek Hotel Group LLC
Special Warranty Deed
$9,410,000 · Community Trust Bank INC
Mar 27, 2019
—
Turkey Creek Hotel Group LLC
—
Trustees Deed
related
$1,000,000 · Citizens Nat'l Bk
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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