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Property profile & analytics
OFF-MARKET
Estimated value
$35,075,000
Hotels
501 Church Ave Knoxville, TN 37902-2506
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-3418431
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1981
Construction
CONCRETE
Total area
205,588 SF
Lot
1.09 ac (47,480 SF)
APN
094LG00101
UPID
US80-3418431
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
-
Starbucks Cafe & Coffee Shop
-
The Firefly/ Marble City Kitchen Restaurant
-
The Dinner Detective Murder Mystery Dinner Show - Knoxville, TN Restaurant Theater & Performing Art Venue
-
ATM Atm
-
Hilton Knoxville Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.07M
Blend (final)
Blend
$35.08M
Owner & transaction history
Rb Knoxville LLC · 6 yrs held
Rb Knoxville LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$41.7M
+53.0%
Neighborhood: shopping center
$39.6M
+45.4%
Auto repair, garage
$32.9M
+20.7%
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
$27,230,000
Current use
MEDICAL BUILDING
$41,670,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$39,590,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$32,865,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$27,460,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$35.08M
Range $31.57M – $38.58M · ±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
$171 / 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
$525,272
Tax year 2023
Assessed value
$13,035,360
Assessed 2023
Previous assessed
$13,035,360
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$2,136,600
Improvement market value
$30,451,800
Total market value
$32,588,400
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
1981
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
18
Units
1
Total area
205,588 SF
Lot
1.09 ac (47,480 SF)
APN
094LG00101
UPID
US80-3418431
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
$27.2M
MEDICAL BUILDING
Est. value
$41.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$39.6M
AUTO REPAIR, GARAGE
Est. value
$32.9M
RETAIL STORES
Est. value
$27.5M
HOTEL/MOTEL 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
1981
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
18
Units
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Rb Knoxville LLC
Entity
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2019
$33,565,000
Rb Knoxville LLC
Knoxville Hotel Xxv Owner LLC
Trustees Deed
$35,000,000 · Deutsche Bk Tr 2014-gc23 (ce)
Jul 1, 2014
$25,024,493
Knoxville Hotel Xxv Owner LLC
Fwh Knoxville Downtown LLC
Special Warranty Deed
—
Mar 21, 2011
$19,440,691
Fwh Knoxville Downtown LLC
Knoxville Hotel 2004 LLC
Grant Deed
—
Dec 8, 2004
$21,000,000
Knoxville Hotel 2004 LLC
Church Street Investments LLC
Grant Deed
—
Dec 8, 2004
—
Knoxville Hotel 2004 LLC
Fairview Park Plaza 1 1998 Ll
Quit Claim Deed
related
$14,989,000 · Mission Bank
Feb 24, 2003
$10,970
Church Street Investments LLC
Boykin Knoxville LLC
Grant Deed
$9,425,000 · Transamerica Commercial Real E
Mar 12, 1998
$10,600,000
Boykin Hotel Properties LP
—
Grant Deed
related
—
Aug 30, 1995
$6,650,000
Limited Knoxville Inn
Unknown
Grant Deed
$4,500,000 · Michigan National Bank
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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