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Property profile & analytics
OFF-MARKET
Estimated value
$2,065,000
Casinos
624 Reliability Cir Knoxville, TN 37932-3354
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1617526
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
1997
Construction
LIGHT FRAME
Total area
9,458 SF
Lot
1 ac (43,560 SF)
APN
118NA001
UPID
US80-1617526
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
-
Mary B Consoli Associates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$2.07M
Owner & transaction history
Wayne Jones LLC · 7 yrs held
Wayne Jones LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.0M
+108.7%
Medical building
$1.9M
+35.6%
Neighborhood: shopping center
$1.8M
+28.8%
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
CASINO
$1,415,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,950,000
Change: +109% · Conversion: Difficult
MEDICAL BUILDING
$1,915,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,820,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,510,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,265,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.27M · ±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
$218 / 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
$14,775
Tax year 2023
Assessed value
$950,800
Assessed 2023
Previous assessed
$950,800
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$300,000
Improvement market value
$2,077,000
Total market value
$2,377,000
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
Off-Market
Year built
1997
Construction
LIGHT FRAME
Heating
YES
Stories
1
Units
1
Total area
9,458 SF
Lot
1 ac (43,560 SF)
APN
118NA001
UPID
US80-1617526
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
$1.4M
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
RETAIL STORES
Est. value
$1.3M
CASINO Current
APARTMENT HOUSE (5+ UNITS)
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
1997
Construction
LIGHT FRAME
Heating
YES
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Wayne Jones LLC
Entity
Mailing address
5184 HWY 31ST S, BROWNSBORO, AL 35741
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
—
Wayne Jones LLC
—
Deed
related
$2,269,500 · Firstbank
Mar 11, 2019
$2,621,040
Wayne Jones LLC
Cape Moraine LLC
Warranty Deed
$2,252,500 · Ut Federal Credit Union
Nov 28, 2017
$1,175,000
Cape Moraine LLC
Vincon Tennessee General Ptshp
Warranty Deed
$2,110,000 · Bank Of Nh
Aug 24, 2006
—
Vincon
Vincon LLC
Quit Claim Deed
related
—
Oct 25, 2005
—
Vincon LLC
—
Trustees Deed
related
$800,000 · Amsouth Bank
—
—
Vincon LLC
—
Deed Of Trust
related
$300,000 · Amsouth 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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