New search
Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Parking lots & garages
6354 Lonas Spg Dr Knoxville, TN 37909-2719
Entity Owned
Free & Clear
Property ID
US80-1733097
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2008
Construction
LIGHT FRAME
Total area
11,058 SF
Lot
1.61 ac (70,132 SF)
APN
106DA00808
UPID
US80-1733097
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
-
Paul Wittke, MD Ophthalmologist
-
Benjamin Herring, OD Physician
-
John Hunt, OD Physician
-
Heidi Herring, OD Physician
-
Herring Ben C OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$766k
Blend (final)
Blend
$765k
Owner & transaction history
White Realty & Service Corporation
White Realty & Service Corporation
since 2025
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
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
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$69 / 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
$3,070
Tax year 2023
Assessed value
$142,440
Assessed 2023
Previous assessed
$142,440
+0.0% YoY
Effective rate
2.16%
On assessed value
Land market value
$331,600
Improvement market value
$24,500
Total market value
$356,100
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2008
Construction
LIGHT FRAME
Heating
HEAT PUMP
Stories
1
Rooms
9
Bathrooms
3
Total area
11,058 SF
Lot
1.61 ac (70,132 SF)
APN
106DA00808
UPID
US80-1733097
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
2008
Construction
LIGHT FRAME
Heating
HEAT PUMP
Stories
1
Rooms
9
Bathrooms
3
Lot
1.61 ac
Current owner
From public records · entity-resolved
White Realty & Service Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 10028, KNOXVILLE, TN 37939-0028
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
Aug 8, 2025
—
White Realty & Service Corporation
Springside Commons Company
Quitclaim Deed
related
—
Jan 17, 2023
—
H3tm Properties LLC
—
Deed
related
$187,232 · First Citizens Bank & Trust Co
Dec 9, 2016
—
H3tm Properties LLC
Weisgarber Eye Center LLC
Quitclaim Deed
related
$1,823,000 · First Citizens Bank & Trust Co
Dec 20, 2011
$1,775,141
Weisgarber Eye Center LLC
Springside Commons Company
Warranty Deed
$1,753,000 · First Citizens Bank & Trust Co
Feb 1, 2007
$336,105
Andrew M Douglass
Springside Commons Co
Warranty Deed
$375,000 · First Citizens Bank & Trust Co
Dec 30, 2005
—
Springside Commons Co
Dowell Springs
Quit Claim Deed
related
—
Dec 21, 2005
—
Springside Commons Co
Dowell Springs
Quit Claim Deed
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6354 Lonas Spg Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
