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Property profile & analytics
OFF-MARKET
Casinos
550 Main St Ste 600 Knoxville, TN 37902-2567
Trust Owned
~
Est. High Equity
Property ID
US80-3562554
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1990
Construction
STEEL FRAME
Total area
4,709 SF
Lot
0.02 ac (709 SF)
APN
094MD01000F
UPID
US80-3562554
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
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
The Garza Revocable Living Trust
The Garza Revocable Living Trust
since 2025
Last sale
$2.3M
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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,614
Tax year 2023
Assessed value
$288,200
Assessed 2023
Previous assessed
$288,200
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$211,900
Improvement market value
$508,600
Total market value
$720,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1990
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,709 SF
Lot
0.02 ac (709 SF)
APN
094MD01000F
UPID
US80-3562554
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
1990
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
The Garza Revocable Living Trust
Trust
Mailing address
550 W MAIN ST STE #825, KNOXVILLE, TN 37902-2542
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$2,300,000
The Garza Revocable Living Trust
550 Property Management LLC
Warranty Deed
$2,157,401 · Pinnacle Bank
Feb 21, 2013
$1,600,000
550 Property Management LLC
Gilreath,sidney W
Warranty Deed
—
Jun 17, 2003
$750,000
Sidney W Gilreath
Lawson,philip J
Grant Deed
$650,000 · Suntrust Bank NA
May 29, 1997
—
Ronald G Daves
—
Deed Of Trust
related
—
Oct 22, 1996
—
Wlnl Partnership
—
Deed Of Trust
related
—
Sep 7, 1990
$482,587
Philip J Et Al Lawson
Unknown,
Grant Deed
—
May 1, 1990
$482,587
Philip J Lawson
Unknown
Grant Deed
—
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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