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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Grocery and convenience stores
7606 Rutledge Pike Knoxville, TN 37924-1887
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US80-3413723
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1990
Construction
LIGHT FRAME
Total area
4,320 SF
Lot
3.43 ac (149,411 SF)
APN
051 09601
UPID
US80-3413723
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
-
Gas Station Gas Station
-
Phillips 66 Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$500k
Owner & transaction history
Interstate Petroleum Co · 22 yrs held
Interstate Petroleum Co
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$875,000
+5.3%
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
MEDICAL BUILDING
$875,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$116 / 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
$8,601
Tax year 2023
Assessed value
$553,480
Assessed 2023
Previous assessed
$553,480
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$253,300
Improvement market value
$1,130,400
Total market value
$1,383,700
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1990
Construction
LIGHT FRAME
Heating
YES
Buildings
2
Stories
1
Units
1
Total area
4,320 SF
Lot
3.43 ac (149,411 SF)
APN
051 09601
UPID
US80-3413723
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
MEDICAL BUILDING
Est. value
$875,000
MEDICAL BUILDING
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
1990
Construction
LIGHT FRAME
Heating
YES
Stories
1
Buildings
2
Units
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
Interstate Petroleum Co
Entity
Mailing address
253 BAILEYTON RD, GREENEVILLE, TN 37745-3303
Ownership since
2004
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
Apr 21, 2022
—
Marsh Properties LLC
—
Deed
related
$6,800,000 · Eastman Cu
Jun 8, 2020
—
Interstate Petroleum Co INC
—
Deed
related
$223,039 · Citizens Bk
Nov 8, 2012
—
Lee Ents INC
—
Deed Of Trust
related
$1,500,000 · State Of Franklin Savings Bank
Jan 20, 2004
$517,500
Interstate Petroleum Co
Greene County Title Co INC
Grant Deed
$800,000 · Heritage Community Bank
Jan 9, 1990
$55,900
Tennessee Pioneer East
Unknown,
Grant Deed
—
—
—
Interstate Petroleum Co INC
—
Deed Of Trust
related
$1,600,000 · Citizens Bk-train Station
—
—
Interstate Petroleum Co INC
—
Deed Of Trust
related
$1,400,000 · Citizens Bk-train Station
—
—
Interstate Petroleum Co INC
—
Loan Modification
related
$223,039 · Citizens Bk
—
—
Interstate Petroleum Co INC
—
Loan Modification
related
$1,781,061 · Citizens Bk
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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