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Property profile & analytics
OFF-MARKET
Estimated value
$14,050,000
Casinos
620 Market St Knoxville, TN 37902-2231
Entity Owned
11-yr Hold
Free & Clear
Property ID
US80-3418429
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1986
Construction
STEEL FRAME
Total area
102,302 SF
Lot
0.98 ac (42,650 SF)
APN
095IE00601
UPID
US80-3418429
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
-
21st Insurance Agency Insurance Agency
-
21st Mortgage Corporation Loan Service Bank
-
Integrity Mobile Home Sales Real Estate Agency
-
Mc Daniel Brenda Law Firm
-
Lewis Charles B Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.05M
Blend (final)
Blend
$14.05M
Owner & transaction history
One Centre Square Group LLC · 11 yrs held
One Centre Square Group LLC
since 2015
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$20.7M
+1.6%
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
CASINO
$20,415,000
Current use
MEDICAL BUILDING
$20,735,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$19,700,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,355,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$14.05M
Range $12.65M – $15.46M · ±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
$137 / 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
$172,492
Tax year 2023
Assessed value
$4,280,600
Assessed 2023
Previous assessed
$4,280,600
+0.0% YoY
Effective rate
4.03%
On assessed value
Land market value
$1,065,200
Improvement market value
$9,636,300
Total market value
$10,701,500
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
1986
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
6
Units
1
Total area
102,302 SF
Lot
0.98 ac (42,650 SF)
APN
095IE00601
UPID
US80-3418429
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
CASINO Current
Est. value
$20.4M
MEDICAL BUILDING
Est. value
$20.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.7M
AUTO REPAIR, GARAGE
Est. value
$16.4M
CASINO Current
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
1986
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
6
Units
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
One Centre Square Group LLC
Entity
Free & Clear · 11 yrs held
Mailing address
620 MARKET ST STE #100, KNOXVILLE, TN 37902-2207
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2015
—
One Centre Square Group LLC
Industrial Dev Board Of City/knox
Quit Claim Deed
related
—
Dec 14, 1997
—
Professional Plaza Ltd
—
Deed Of Trust
related
—
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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