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Property profile & analytics
FOR LEASE
Casinos
5210 N Middlebrook Pike Knoxville, TN 37921
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1634542
For Lease
1 / 38
$9.65 SF/Yr
5210 N Middlebrook Pike, Knoxville, TN 37921
View Listing →
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
2000
Construction
STEEL FRAME
Total area
9,500 SF
Lot
5.34 ac (232,610 SF)
APN
093OA015
UPID
US80-1634542
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
-
R & D Auto Sales Car Dealership
-
Aztec Candle and Soap Making Supplies - Showroom (Bike/Boat/Book/etc) Store
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$2.37M
Owner & transaction history
Hjh Knoxville 1 LLC · 10 yrs held
Hjh Knoxville 1 LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.0M
+110.2%
Medical building
$1.9M
+36.6%
Neighborhood: shopping center
$1.8M
+29.8%
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)
$2,965,000
Change: +110% · Conversion: Difficult
MEDICAL BUILDING
$1,925,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,830,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,520,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±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
$249 / 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
$31,926
Tax year 2023
Assessed value
$1,481,080
Assessed 2023
Previous assessed
$1,481,080
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$585,200
Improvement market value
$3,117,500
Total market value
$3,702,700
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
For Lease
Year built
2000
Construction
STEEL FRAME
Heating
YES
Buildings
3
Stories
1
Units
1
Total area
9,500 SF
Lot
5.34 ac (232,610 SF)
APN
093OA015
UPID
US80-1634542
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)
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2000
Construction
STEEL FRAME
Heating
YES
Stories
1
Buildings
3
Units
1
Lot
5.34 ac
Current owner
From public records · entity-resolved
Hjh Knoxville 1 LLC
Entity
Mailing address
3600 GALT OCEAN DR APT 16A, FORT LAUDERDALE, FL 33308-7607
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
—
Knoxville Industrial Group LLC
—
Deed
related
$2,350,000 · Td Bank NA
Dec 17, 2019
—
Hjh Knoxville 1 LLC
—
Deed
related
$2,616,000 · Evansville Teachers FCU
May 26, 2016
$3,262,000
Hjh Knoxville 1 LLC
Brownlee-tillman LLC
Warranty Deed
$2,446,500 · King Sthrn Bk
May 26, 2016
—
Hjh Knoxville 1 LLC
Kanney Ents LLC
Quit Claim Deed
related
—
Sep 19, 2014
—
Brownlee-tillman
—
Trustees Deed
related
$600,000 · Clayton Bk&tr
May 9, 2000
—
Brownlee-tillman LLC
—
Grant Deed
related
$100,000 · Union Planters National Bank
Apr 13, 1998
$333,435
Brownleed-tillman LLC
Racquetball Of Knoxville Ltd
Grant Deed
$435,000 · First Bank East Tennessee NA
Jun 1, 1989
$280,000
Raquetball Of Knoxville
Unknown
Grant Deed
—
—
—
Brownlee-tillman LLC
—
Deed Of Trust
related
$150,000 · Union Planters 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.
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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