Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,455,000
Community centers
7531 Barnett Way Powell, TN 37849-3565
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0927249
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
LIGHT FRAME
Total area
22,322 SF
Lot
2.57 ac (111,949 SF)
APN
047 08303
UPID
US80-0927249
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
-
Five Guys Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.76M
Comparable Approach
Comparable
$5.68M
Blend (final)
Blend
$5.46M
Owner & transaction history
Caprock Emory Station LLC · 4 yrs held
Caprock Emory Station LLC
since 2021
Last sale
$5.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.0M
+69.5%
Medical building
$4.6M
+11.5%
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 Powell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powell 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
$5,290,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,235,000
6.5%
$5,755,000
7%
$5,345,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,110,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,965,000
Change: +70% · Conversion: Difficult
MEDICAL BUILDING
$4,580,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,660,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$5.46M
Range $4.91M – $6.00M · ±10% · vs last sale $5.16M (Dec 16 2021)
Last sale anchor
$5.16M
Dec 16 2021
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
$244 / 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
$31,391
Tax year 2023
Assessed value
$2,020,000
Assessed 2023
Previous assessed
$2,020,000
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$1,225,800
Improvement market value
$3,824,200
Total market value
$5,050,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2007
Construction
LIGHT FRAME
Heating
YES
Stories
1
Units
1
Total area
22,322 SF
Lot
2.57 ac (111,949 SF)
APN
047 08303
UPID
US80-0927249
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2007
Construction
LIGHT FRAME
Heating
YES
Stories
1
Units
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Caprock Emory Station LLC
Entity
Mailing address
65 E WACKER PL STE #820, CHICAGO, IL 60601-7238
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$5,155,000
Caprock Emory Station LLC
Emory Station LLC
Special Warranty Deed
$3,350,750 · Tiaa Fsb Holdings INC
Oct 13, 2008
—
Emory Station LLC
—
Trustees Deed
related
$3,140,000 · First Tennessee Bank National
Jul 17, 2006
$887,625
Emory Station LLC
Ddc Holdings LLC
Warranty Deed
$3,600,000 · First Tennessee Bank NA
—
—
Emory Station LLC
—
Deed Of Trust
related
$3,200,000 · Us Bank NA
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 7531 Barnett Way?
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.
