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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Garden apartment buildings
445 Blount Ave 401 Knoxville, TN 37920-1114
Individually Owned
1-yr Hold
Property ID
US80-2029372
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2008
Construction
FRAME
Total area
996 SF
APN
108EA02902U
UPID
US80-2029372
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
-
CityView at Riverwalk Condominium Complex
-
C J River Holdings Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$408k
Blend (final)
Blend
$570k
Owner & transaction history
Jason A Loftis · 1 yrs held
Jason A Loftis
since 2024
Last sale
$570,000
6 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
$570,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $570k (Nov 26 2024)
Last sale anchor
$570k
Nov 26 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
$572 / 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
$1,590
Tax year 2023
Assessed value
$73,775
Assessed 2023
Previous assessed
$73,775
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$10,000
Improvement market value
$285,100
Total market value
$295,100
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
5
Bathrooms
2
Total area
996 SF
APN
108EA02902U
UPID
US80-2029372
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
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Current owner
From public records · entity-resolved
Jason A Loftis
Individual
Mailing address
445 W BLOUNT AVE APT #401, KNOXVILLE, TN 37920-1114
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
$570,000
Jason A Loftis
George E Depanicis
Warranty Deed
$456,000 · Wilson Bank & Trust
Mar 14, 2024
—
George F Depanicis
George F Depanicis
Intrafamily Transfer
related
—
Feb 21, 2024
—
George F Depanicis
—
Deed
related
$433,000 · Smartbank
May 11, 2023
$485,000
George F Depanicis
Tyler W Garvin
Warranty Deed
—
Aug 13, 2020
—
Wade Garvin Tyler
—
Deed
related
$12,000 · Eastman Cu
Sep 16, 2019
$204,250
Tyler W Garvin
Cj River Holdings LLC
Warranty Deed
$204,250 · Eastman Cu
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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