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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Residential income homes
4227 Coster Rd 1 Knoxville, TN 37912-4347
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-0821878
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1979
Construction
WOOD FRAME
Total area
11,266 SF
APN
069PD003
UPID
US80-0821878
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
-
Food City Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.98M
Owner & transaction history
Hi-land Properties INC · 7 yrs held
Hi-land Properties INC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+26.2%
Neighborhood: shopping center
$2.2M
+19.9%
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
APARTMENT HOUSE (5+ UNITS)
$1,810,000
Current use
MEDICAL BUILDING
$2,285,000
Change: +26% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,170,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,800,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,505,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10%
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
$175 / 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
$9,082
Tax year 2023
Assessed value
$421,320
Assessed 2023
Previous assessed
$421,320
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$240,500
Improvement market value
$812,800
Total market value
$1,053,300
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
YES
Stories
2
Units
1
Total area
11,266 SF
APN
069PD003
UPID
US80-0821878
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
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
1979
Construction
WOOD FRAME
Heating
YES
Stories
2
Units
1
Current owner
From public records · entity-resolved
Hi-land Properties INC
Entity
Mailing address
1013 N BROADWAY ST, KNOXVILLE, TN 37917-6523
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2019
$960,000
Hi-land Properties INC
Ada Properties LLC
Warranty Deed
—
Oct 30, 2017
$685,000
Ada Properties LLC
Robert B Frost LLC
Warranty Deed
—
Jan 24, 2006
—
Robert B Frost LLC
Frost,judith S
Quit Claim Deed
related
—
Mar 9, 1995
—
Frost,robert B
Unknown,
Trustees Deed
related
—
—
—
Robert B Frost LLC
—
Deed Of Trust
related
$48,493 · Private Individual
—
—
Robert B Frost
—
Deed Of Trust
related
$160,251 · Mac
—
—
Robert B Frost LLC
—
Deed Of Trust
related
$18,071 · Manufacturers Acceptance Corp
—
—
Robert B Frost LLC
—
Deed Of Trust
related
$31,558 · Private Individual
—
—
Robert B Frost LLC
—
Deed Of Trust
related
$20,042 · Private Individual
—
—
Robert B Frost LLC
—
Deed Of Trust
related
$25,064 · Manufacturers Acceptance Corp
—
—
Robert B Frost LLC
—
Deed Of Trust
related
$10,043 · Manufacturers Acceptance Corp
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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