Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$22,080,000
Hotels
401 Smt Hl Dr Knoxville, TN 37902-1416
Entity Owned
~
Est. High Equity
Property ID
US80-1592889
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1982
Construction
CONCRETE
Total area
231,711 SF
Lot
1.38 ac (60,113 SF)
APN
094LD00201
UPID
US80-1592889
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
-
Mahogany's Restaurant Restaurant
-
LibertyX Bitcoin ATM Atm
-
Blink Charging Station Electric Vehicle Charging Station
-
MWofHonor Veterans Shoe Shine Stand Advocacy Group Social Service Agency
-
Crowne Plaza Knoxville Downtown University, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.85M
Blend (final)
Blend
$22.08M
Owner & transaction history
Sachchidanand Hotel Summit LLC
Sachchidanand Hotel Summit LLC
since 2025
Last sale
$30.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$31.0M
+0.9%
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
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
HOTEL/MOTEL
$30,690,000
Current use
RETAIL STORES
$30,950,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$22.08M
Range $19.87M – $24.29M · ±10% · vs last sale $30.31M (May 1 2025)
Last sale anchor
$30.31M
May 1 2025
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
$95 / 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
$148,838
Tax year 2023
Assessed value
$3,693,600
Assessed 2023
Previous assessed
$3,693,600
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$2,705,000
Improvement market value
$6,529,000
Total market value
$9,234,000
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
1982
Construction
CONCRETE
Heating
STEAM
Cooling
NONE
Buildings
2
Stories
12
Units
1
Total area
231,711 SF
Lot
1.38 ac (60,113 SF)
APN
094LD00201
UPID
US80-1592889
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
$30.7M
RETAIL STORES
Est. value
$31.0M
HOTEL/MOTEL Current
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
1982
Construction
CONCRETE
Heating
STEAM
Cooling
Yes
Stories
12
Buildings
2
Units
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Sachchidanand Hotel Summit LLC
Entity
Mailing address
47TH RTE 30, BIG ROCK, IL 60511
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
$30,305,000
Sachchidanand Hotel Summit LLC
Knoxville Hotel Associates LLC
Special Warranty Deed
$25,520,000 · Citizens National Bank
Aug 1, 2025
—
Sachchidanand Hotel Summit LLC
Knoxville Hotel Associates LLC
Quitclaim Deed
related
—
Jul 8, 2020
—
Knoxville Hotel Associates LLC
Rayman Associates Knoxville LP
Quit Claim Deed
related
—
—
—
Rayman Associates Knoxville
—
Deed Of Trust
related
$3,313,881 · Knoxville Financial Invtrs 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 Smt Hl Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
