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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
603 Main St Knoxville, TN 37902-2604
Trust Owned
~
Est. High Equity
Property ID
US80-3418428
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1930
Construction
CONCRETE
Total area
112,131 SF
Lot
0.98 ac (42,519 SF)
APN
094MD004
UPID
US80-3418428
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
-
National Security Profiles Inc Employment Agency
-
Barnes Monica Dental Office
-
Weinstein Douglas C Law Firm
-
Slovis Norbert J Law Firm
-
University Real Estate & Property Management, LLC Real Estate Agency
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
Massa Joint Revocable Living Trust
Massa Joint Revocable Living Trust
since 2026
Last sale
$629,000
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
$9,775
Tax year 2023
Land market value
$952,900
Improvement market value
$6,684,100
Total market value
$7,637,000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1930
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
11
Units
1
Total area
112,131 SF
Lot
0.98 ac (42,519 SF)
APN
094MD004
UPID
US80-3418428
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
1930
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
11
Units
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Massa Joint Revocable Living Trust
Trust
Mailing address
507 S GAY ST #908, KNOXVILLE, TN 37902-3206
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
44 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2026
$341,050
Massa Joint Revocable Living Trust
Sandra Kay Stoutt Revocable Living
Warranty Deed
—
Jan 27, 2026
—
Mark R Bateman And Jennifer T Batem
Mark R Bateman
Deed
related
—
Dec 22, 2025
—
Mab 207 LLC
Eric Payne
Quitclaim Deed
related
—
Dec 22, 2025
$629,000
Legacy Land Holdings LLC
M A B Knoxville LLC
Warranty Deed
$503,200 · Mountain Commerce Bank
Dec 9, 2025
$460,000
Leeanne Taylor Rubeck
M A B Knoxville LLC
Warranty Deed
$345,000 · Rocket Mortgage LLC
Dec 3, 2025
$320,000
Hugh Leslie Gibson
M A B Knoxville LLC
Warranty Deed
—
Sep 18, 2025
$557,000
Gary E Cox
M A B Knoxville LLC
Warranty Deed
$557,000 · Mortgage Research Center LLC
Sep 11, 2025
$495,000
The Petersen Family Trust
M A B Knoxville LLC
Warranty Deed
$315,000 · Vista Point Mortgage LLC
Sep 4, 2025
$525,000
John Joseph Dower JR & Traci Ayers
M A B Knoxville LLC
Warranty Deed
—
Aug 27, 2025
$391,775
Scott Eric Wilson
M A B Knoxville L L C
Warranty Deed
$354,465 · Fairway Independent Mortgage Corp
Aug 22, 2025
—
603 Main St Unit 301 LLC
—
Deed
related
$511,700 · Oakworth Capital Bank
Aug 15, 2025
$384,000
Lyle D Irish
M A B Knoxville LLC
Warranty Deed
$345,600 · Mortgage Investors Group INC
Aug 14, 2025
—
Anthony Salvo
M A B Knoxville LLC
Warranty Deed
$428,344 · Commercial Bank
Aug 13, 2025
$470,000
The Petersen Family Trust
M A B Knoxville L L C
Warranty Deed
—
Aug 7, 2025
$619,000
John W Dawson IV
M A B Knoxville LLC
Warranty Deed
—
Jul 15, 2025
$584,000
Terry J Buckner
M A B Knoxville LLC
Warranty Deed
—
Jul 14, 2025
—
M A B Knoxville L L C
M A B Knoxville L L C
Deed
related
—
Jun 26, 2025
$500,000
Michael R Ragsdale
M A B Knoxville LLC
Warranty Deed
—
Jun 26, 2025
$844,000
Eric Payne
M A B Knoxville LLC
Warranty Deed
—
Jun 23, 2025
$554,000
Ken White
M A B Knoxville LLC
Warranty Deed
—
Jun 11, 2025
$660,000
Michael Lovely
M A B Knoxville L L C
Warranty Deed
—
Jun 3, 2025
$532,000
James W Fisher
Mab Knoxville LLC
Warranty Deed
$293,400 · Fairway Independent Mortgage Corp
May 30, 2025
$475,000
Mark Chapman White
Mab Knoxville LLC
Warranty Deed
—
May 22, 2025
$549,000
Mary C Trust
Mab Knoxville LLC
Warranty Deed
—
May 12, 2025
$565,000
Kevin Alan Weltlin
Mab Knoxville LLC
Warranty Deed
$423,750 · Fairway Independent Mortgage Corp
May 2, 2025
$579,000
Gregory H Vann
Mab Knoxville LLC
Warranty Deed
$463,200 · Loandepot.com LLC
Apr 24, 2025
$534,000
Anthony Salvo
Mab Knoxville LLC
Warranty Deed
—
Apr 14, 2025
$594,000
Larry Ray Whitford JR
Mab Knoxville LLC
Warranty Deed
$475,200 · Fairway Independent Mortgage Corp
Apr 14, 2025
$470,000
Michael J Newman
Mab Knoxville LLC
Warranty Deed
—
Apr 3, 2025
$474,000
Maurice Stucke
Mab Knoxville LLC
Warranty Deed
—
Mar 12, 2025
$564,000
Erin Winn Jackson
Mab Knoxville LLC
Warranty Deed
—
Feb 21, 2025
$374,000
Stanley Pickering Hunter
Mab Knoxville LLC
Warranty Deed
$329,000 · Fairway Independent Mortgage Corp
Feb 21, 2025
—
Melyssa Noe
—
Deed
related
$310,000 · Fairway Independent Mortgage Corp
Feb 5, 2025
$600,000
Naney Jean Cook
Mab Knoxville LLC
Warranty Deed
—
Feb 5, 2025
$605,000
Andreas J J Kerstens
M A B Knoxville LLC
Warranty Deed
—
Feb 5, 2025
$560,000
Celeste H Herbert
Mab Knoxville LLC
Warranty Deed
—
Feb 5, 2025
$655,000
Mab705 LLC
M A B Knoxville LLC
Warranty Deed
—
Feb 5, 2025
$635,000
Iapetus LLC
Mab Knoxville LLC
Warranty Deed
—
Apr 26, 2024
—
Mab Knoxville LLC
Industrial Dev Brd Of City Of Knoxv
Quit Claim Deed
related
—
Apr 3, 2014
—
Industrial Dev Board Of City & Knox
Mab Knoxville LLC
Quit Claim Deed
related
—
Mar 16, 2006
$4,225,000
Mab Knoxville LLC
Five Thirty One Corp
Warranty Deed
$3,228,000 · Bankeast
Feb 28, 1997
$1,700,000
Five Thirty One Corporatio
—
Grant Deed
related
—
—
—
Industrial Dev Board Of City & Knox|mab Knoxville
—
Deed Of Trust
related
$9,000,000 · Principal Commercial Capital
—
—
Mab Knoxville LLC
—
Deed Of Trust
related
$7,000,000 · Southeast Bank & Trust
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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