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Property profile & analytics
OFF-MARKET
Individual retail properties
816 Scenic Hwy Lookout Mountain, TN 37350-1418
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-1668723
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1930
Total area
4,076 SF
Lot
0.11 ac (4,888 SF)
Zoning code
C5
APN
166L E 004.02
UPID
US80-1668723
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
-
Balfour Party Supply Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mountain Escape Luxury Spa & Boutiq · 1 yrs held
Mountain Escape Luxury Spa & Boutiq
since 2024
3 recorded transactions
Zoning & alternative use
C5 · Lookout Mountain, 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 Lookout Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lookout Mountain 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,496
Tax year 2023
Assessed value
$110,920
Assessed 2023
Previous assessed
$110,920
+0.0% YoY
Effective rate
2.25%
On assessed value
Land market value
$52,700
Improvement market value
$224,600
Total market value
$277,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1930
Heating
NONE
Stories
1
Total area
4,076 SF
Lot
0.11 ac (4,888 SF)
Zoning code
C5
APN
166L E 004.02
UPID
US80-1668723
Jurisdiction
HAMILTON
Zoning & alternative use
C5 · Lookout Mountain, TN
Zoning C5 · permitted uses
C5 · Lookout Mountain, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lookout Mountain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Mountain Escape Luxury Spa & Boutiq
Individual
Free & Clear · 1 yrs held
Mailing address
816 SCENIC HWY, LOOKOUT MOUNTAIN, TN 37350-1418
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
—
Mountain Escape Luxury Spa & Boutiq
Cynthia Phillips
Lease
—
Sep 26, 2008
—
Cynthia R Phillips
Escape Properties LLC
Quit Claim Deed
related
$120,000 · Suntrust Bank
Dec 30, 1997
$150,000
Escape Properties LLC
Escape,propertie
Grant Deed
related
—
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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