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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail space
641 Wears Vly Rd Pigeon Forge, TN 37863-7754
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1701767
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Construction
FRAME
Total area
8,000 SF
Lot
0.93 ac (40,511 SF)
Zoning code
C-2
APN
078094 00300
UPID
US80-1701767
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
-
Family Dollar Discount Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Tyrrone E Cohen · 4 yrs held
Tyrrone E Cohen
since 2022
Last sale
$647,330
7 recorded transactions
Zoning & alternative use
C-2 · Pigeon Forge, TN
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 Pigeon Forge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pigeon Forge 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
$575,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $647k (Mar 30 2022)
Last sale anchor
$647k
Mar 30 2022
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
$74 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,171
Tax year 2021
Assessed value
$253,520
Assessed 2023
Previous assessed
$253,520
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$33,360
Assessed improvement
$220,160
Land market value
$83,400
Improvement market value
$550,400
Total market value
$633,800
Applied tax rate
78.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
8,000 SF
Lot
0.93 ac (40,511 SF)
Zoning code
C-2
APN
078094 00300
UPID
US80-1701767
Jurisdiction
SEVIER
Zoning & alternative use
C-2 · Pigeon Forge, TN
Zoning C-2 · permitted uses
C-2 · Pigeon Forge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pigeon Forge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Tyrrone E Cohen
Individual
Mailing address
121 S WEISGARBER RD, KNOXVILLE, TN 37919-4955
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
$647,330
Tyrrone E Cohen
Ftpf LLC
Warranty Deed
$582,570 · Movement Mortgage
Apr 29, 2019
—
Bullet Capital LLC
Cabo Property Management Partnershi
Quit Claim Deed
related
$265,000 · Cogent Bank
Oct 16, 2012
$1,200,000
J Edgar
J Edgar Campbell
Special Warranty Deed
$750,000 · Ornl FCU
Dec 29, 2011
$290,000
J Edgar Campbell III
Smith Sue M
Grant Deed
—
Dec 29, 2011
—
J Edgar Campbell III
Smith Sue M
Quit Claim Deed
related
$862,960 · Pinnacle National Bank
Nov 23, 2009
—
Sue E Smith
Mountain Echo Ents LLC
Quit Claim Deed
related
—
Apr 1, 1997
—
Mountain Echo Enterprises
—
Deed Of Trust
related
—
Aug 7, 1995
$86,900
Diana L Etvir Louallen
Smith,micheal E
Grant Deed
$88,638 · Countrywide Home Loans INC
—
—
Cabo Property Management Ptshp
—
Deed Of Trust
related
$1,066,840 · Capitalmark Bk&tr
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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