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Property profile & analytics
OFF-MARKET
Casinos
4617 Asheville Hwy Knoxville, TN 37914-3609
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0181148
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
2023
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,134 SF
Lot
6.97 ac (303,787 SF)
APN
071IC027
UPID
US80-0181148
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
-
The Ammons at Ashville Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Knoxvilles Community Development Co · 4 yrs held
Knoxvilles Community Development Co
since 2021
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Land market value
$328,000
Improvement market value
$4,737,200
Total market value
$5,065,200
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
2023
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
7
Stories
1
Units
1
Total area
1,134 SF
Lot
6.97 ac (303,787 SF)
APN
071IC027
UPID
US80-0181148
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
2023
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Units
1
Lot
6.97 ac
Current owner
From public records · entity-resolved
Knoxvilles Community Development Co
Entity
Mailing address
4713 CRIPPEN RD, KNOXVILLE, TN 37918-9467
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
—
Knoxvilles Community Development Co
Lansden Landmarks LLC
Warranty Deed
$10,500,000 · City County Building At Knoxville
Jan 12, 2021
—
Lansden Landmarks LLC
—
Deed
related
$750,000 · First Peoples Bank Of Tennessee
Oct 20, 2017
$575,000
Historic Lansden Landmarks LLC
Pnb Holding Co 1 INC
Special Warranty Deed
$575,000 · Commercial Bank
Jun 29, 2016
$546,875
Pnb Holdings Co 1 INC
Freedom Christian
Deed In Lieu Of Foreclosure
related
—
Apr 29, 2014
$629,200
Freedom Christian Academy
Primary Focus
Grant Deed
—
Oct 21, 2013
$629,200
Freedom Christian Academy
Primary Focus
Warranty Deed
$572,000 · Capitalmark Bank & Trust
Dec 29, 2006
$1,300,000
Gdt Cg1 LLC
Chilhowee Hills Baptist Church
Warranty Deed
$20,000,000 · Midfirst Bank
Jun 27, 2005
—
Chilhowee Hills Baptist Church
—
Trustees Deed
related
$750,000 · First Tennessee Bank National
Jun 6, 2005
—
Chilhowee Hills Baptist Ch INC
Monday,james S
Quit Claim Deed
related
—
Mar 17, 1998
—
James Stephenson Monday
Monday William E
Quit Claim Deed
related
—
Nov 27, 1996
—
William Eugene Monday III
—
Deed Of Trust
related
—
—
—
Freedom Christian Academy INC
—
Loan Modification
related
$572,000 · Capitalmark Bk&tr
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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