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    6515 Clinton Hwy Knoxville, TN 37912-1116
    Property profile & analytics

    6515 Clinton Hwy Knoxville, TN 37912-1116

    View on Map
    • Casinos
    • 6,984 SF
    • 1.26 lot acres
    Off-Market
    Last Sale Jan 2, 2026
    $1,100,000
    Property ID
    US80-3124564
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dan Jones: Primerica - Financial Services / Financial Advisor
    • Kristin George, REALTOR®, Knoxville Real Estate Professionals, Inc. / Real Estate Agency
    • Alpha Male Grooming & Massage / Barber Shop
    • Shrum's Roofing Company, LLC / Roofing Company / General Contractor
    • Dr. Shana Sparks-Beckett / Alternative Medicine Practice

    Property Details for 6515 Clinton Hwy

    Year built
    1976
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.26 lot acres
    Property size
    6,984 SF
    Property type
    Casinos
    APN
    067MB007
    APU
    067MB007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.0133
    Latitude
    36.0071
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,019
    $0.00
    $0.00
    $325,600
    -
    $520,400
    $293,600
    $814,000

    Comparable in this City

    • Value Estimation
      $660,000
      4,878 SF

      517 Callahan Dr Ste, Unit 101

      CASINO • 4,878 SF
      517 Callahan Dr Ste, Knoxville, TN 37912-1343
      View Details
    • Value Estimation by Request
      3,600 SF

      6352 Clinton Hwy

      CASINO • 3,600 SF
      6352 Clinton Hwy, Knoxville, TN 37912-1215
      View Details
    • Value Estimation by Request
      1,920 SF

      115 Tillery Dr

      CASINO • 1,920 SF
      115 Tillery Dr, Knoxville, TN 37912-5639
      View Details
    • Value Estimation by Request
      3,490 SF

      5506 Wallwood Rd, Unit A

      CASINO • 3,490 SF
      5506 Wallwood Rd, Knoxville, TN 37912-3442
      View Details
    • Value Estimation by Request
      1,200 SF

      4409 Central Ave Pike Ste, Unit 101

      CASINO • 1,200 SF
      4409 Central Ave Pike Ste, Knoxville, TN 37912-4082
      View Details
    • Value Estimation by Request
      3,199 SF

      5634 Clinton Hwy

      CASINO • 3,199 SF
      5634 Clinton Hwy, Knoxville, TN 37912-3455
      View Details

    Similar Nearby for Sale

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      8,600 SF

      Knoxville Auto Shop - Prime Location

      8,600 SF Auto Dealership, High Traffic Area
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    • Contact for pricing
      8,444 SF

      1104 Merchant Dr, Knoxville, TN 37912

      Office buildings • 8,444 SF
      1104 Merchant Dr, Knoxville, TN 37912
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    • $2,695,000

      Clinton Highway Land Portfolio

      21-acre land portfolio on high-traffic Clinton Highway.
      6350 Clinton Hwy, Knoxville, TN 37912
      View Details
    • New
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      1.43 Acres

      Knoxville Land For Sale

      1.43 acre commercial land available in Knoxville, Tennessee.
      L-19 Dry Gap Pike, Knoxville, TN 37912
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    • New
      $289,900
      Pending

      Knoxville Land with Utilities

      7.57 acres with utilities available in Knoxville, Tennessee.
      1411 NW Michaels Ln, Knoxville, TN 37912
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,500 SF

      Retail Space on Clinton Highway

      Retail space available, formerly a gym, with open area.
      5078 Clinton Hwy, Knoxville, TN 37912
      View Details
    • Contact for pricing
      23,500 SF

      Retail Space on Clinton Highway

      Retail property available for lease with 23,500 square feet.
      6719 Clinton Hwy, Knoxville, TN 37912
      View Details
    • $2,750 /Mo
      3,000 SF

      Shared Office Space Available

      Shared office space for lease with utilities and wifi included.
      6704 Watermour Way, Knoxville, TN 37912
      View Details
    • $11 SF/Yr
      8,444 SF

      Prime Knoxville Executive Office Space

      8,444 SF Office Building, 2,098 SF Available
      1104 Merchant Dr, Knoxville, TN 37912
      View Details
    • $13 SF/Yr
      46,480 SF

      Premier Industrial-Flex Development For Lease

      State-of-the-art industrial-flex space designed for growing businesses.
      2105 Callahan Dr, Knoxville, TN 37912
      View Details
    • Contact for pricing

      Commercial Land with Development Potential

      Land with commercial building, utilities, and development opportunities.
      2535 Old Callahan Dr, Knoxville, TN 37912
      View Details
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    Knoxville, TN 37912-1116
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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