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Property profile & analytics
OFF-MARKET
Estimated value
$3,990,000
Golf courses & driving ranges
811 Evolve Way Knoxville, TN 37915-1997
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-2100240
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
2015
Construction
CONCRETE
Total area
2,190 SF
Lot
5.86 ac (255,262 SF)
APN
095IC004
UPID
US80-2100240
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
-
811 East Downtown Apartments Apartment Complex Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.99M
Owner & transaction history
Lr Knoxville Investors LP · 2 yrs held
Lr Knoxville Investors LP
since 2023
Last sale
$4.1M
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
$3,715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.99M
Range $3.59M – $4.39M · ±10% · vs last sale $4.13M (Dec 18 2023)
Last sale anchor
$4.13M
Dec 18 2023
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
$1,822 / 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
$477,968
Tax year 2023
Assessed value
$12,884,605
Assessed 2023
Previous assessed
$12,884,605
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$1,339,600
Improvement market value
$30,878,100
Total market value
$32,217,700
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
2015
Construction
CONCRETE
Heating
STEAM
Buildings
5
Stories
1
Units
1
Total area
2,190 SF
Lot
5.86 ac (255,262 SF)
APN
095IC004
UPID
US80-2100240
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
2015
Construction
CONCRETE
Heating
STEAM
Stories
1
Buildings
5
Units
1
Lot
5.86 ac
Current owner
From public records · entity-resolved
Lr Knoxville Investors LP
Entity
Free & Clear · 2 yrs held
Mailing address
14567 N OUTER 40TH RD STE #500, CHESTERFIELD, MO 63017-5757
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
$4,130,000
Lr Knoxville Investors LP
Hill Avenue Storage LLC
Special Warranty Deed
—
Jan 12, 2022
$33,000,000
Triangle 811 LLC
Knoxville Housing Sm LLC
Special Warranty Deed
—
Jan 11, 2022
—
Knoxville Housing Sm LLC
Knoxville Housing LLC
Quit Claim Deed
related
—
Jun 15, 2016
—
Knoxville Housing LLC
—
Deed
related
$18,150,000 · Miscellaneous Ins Co
Aug 13, 2013
—
Knoxville Housing LLC
Woodfam Investments LP
Quit Claim Deed
related
$600,000 · Zp #187 LLC
Aug 13, 2013
$400,000
Knoxville Housing LLC
Woodfam Investments LP
Warranty Deed
—
Jul 17, 2002
—
Wood Agency LP
Regency Properties LP
Quit Claim Deed
related
—
May 31, 2000
—
Regency Properties Ltd
Knoxville City (tn)
Quit Claim Deed
related
—
Feb 4, 2000
—
Knoxville City (tn)
Regency Properties Ltd
Quit Claim Deed
related
—
—
—
Knoxville Housing LLC
—
Loan Modification
related
$4,376,965 · United Cmnty Bk
—
—
Knoxville Housing LLC
—
Deed Of Trust
related
$18,150,000 · Miscellaneous Ins Co
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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