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    Property profile & analytics

    402 Dry Gap Pike, Unit 1 Knoxville, TN 37912-2100

    • Residential income homes
    • 5,022 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Nov 24, 2020
    $315,000
    Location Intelligence
    Property ID
    US80-1939309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 402 Dry Gap Pike

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.37 lot acres
    Property size
    5,022 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    057MA01804
    APU
    057MA01804

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $335,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $270,000
      Mixed-Use
      $315,000
      Hospitality
      $255,000
      Educational
      $305,000
      Residential Income
      $250,000
      Energy
      $350,000
      Income-Based Land
      $275,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.9757
    Latitude
    36.0215
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,000
    $0.00
    $0.00
    $121,680
    -
    $56,700
    $247,500
    $304,200

    Comparable in this City

    • Value Estimation by Request
      3,090 SF

      2300 Merchant Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,090 SF
      2300 Merchant Dr, Knoxville, TN 37912-5100
      View Details
    • Value Estimation by Request
      6,360 SF

      5218 Inskip Rd, Unit 19

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,360 SF
      5218 Inskip Rd, Knoxville, TN 37912-3261
      View Details
    • Value Estimation by Request
      16,660 SF

      6608 Central Ave Pike, Unit 201

      APARTMENT HOUSE (UNDER 5 UNITS) • 16,660 SF
      6608 Central Ave Pike, Knoxville, TN 37912-1422
      View Details
    • Value Estimation by Request
      11,266 SF

      4227 Coster Rd, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,266 SF
      4227 Coster Rd, Knoxville, TN 37912-4347
      View Details
    • Value Estimation by Request
      4,785 SF

      1021 Pkwy Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,785 SF
      1021 Pkwy Ave, Knoxville, TN 37912-3218
      View Details
    • Value Estimation by Request
      5,575 SF

      2323 Wilson Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,575 SF
      2323 Wilson Rd, Knoxville, TN 37912-6154
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      44.00 Acres

      Callahan Business Park: 44 Acres

      I-75 Knoxville industrial land, prime location.
      726 Callahan Dr, Knoxville, TN 37912
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    • $1,139,940
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      Knoxville Executive Office Building

      Prime Office Building, 8,444 SF, 5 Units
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      Knoxville Auto Shop - Prime Location

      8,600 SF Auto Dealership, High Traffic Area
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    • Contact for pricing
      Pending

      Knoxville Land For Sale

      Building lot with sewer access, convenient to major routes.
      Savoy St, Knoxville, TN 37912
      View Details
    • $2,695,000
      21 SF

      Clinton Highway Land Portfolio

      21-acre land portfolio on high-traffic Clinton Highway.
      6350 Clinton Hwy, Knoxville, TN 37912
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    • $332,500
      7.57 Acres

      Knoxville Land with Utilities

      7.57 acres in Knoxville with available utilities.
      1411 NW Michaels Ln, Knoxville, TN 37912
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    Similar Nearby for Lease

    • $500,000

      Callahan Drive Commercial Land Available

      High-visibility commercial land for lease in Knoxville.
      1710 Callahan Dr, Knoxville, TN 37912
      View Details
    • $6,000 /Mo

      Retail Space Available For Rent

      Retail property available for lease on Clinton Highway.
      5724 Clinton Hwy, Knoxville, TN 37912
      View Details
    • $70,588

      Callahan Road Commercial Land Parcel

      High-visibility commercial land parcel with retail/office use potential.
      000 Callahan Rd, Knoxville, TN 37912
      View Details
    • $15 SF/Yr
      4,500 SF

      Retail Space on Clinton Highway

      Retail space available, formerly a gym, with open area.
      5078 Clinton Hwy, Knoxville, TN 37912
      View Details
    • $4 SF/Yr
      14,600 SF

      Flex/Retail Space Near I-75

      14,600 SF flex/retail space with easy I-75 access.
      314 Merchant Dr, Knoxville, TN 37912
      View Details
    • $9,100 /Mo
      8,400 SF

      Knoxville Commercial Property For Rent

      Commercial property with high visibility and accessibility in Knoxville, TN.
      4804 Clinton Hwy, Knoxville, TN 37912
      View Details
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    402 Dry Gap Pike, Unit 1
    Knoxville, TN 37912-2100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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