Back to Search
Property profile & analytics
OFF-MARKET
Assisted living facilities
83 Kentucky Ave Oak Ridge, TN 37830-5422
Entity Owned
9-yr Hold
Free & Clear
Property ID
US80-0515069
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1943
Construction
WOOD
Total area
55,886 SF
Lot
3.13 ac (136,343 SF)
Zoning code
R3
APN
001094P D 03100
UPID
US80-0515069
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
-
Alexander Guest House Nursing Home Retirement Community
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
Industrial Dev Board Of City & Oak · 9 yrs held
Industrial Dev Board Of City & Oak
since 2017
7 recorded transactions
Zoning & alternative use
R3 · Oak Ridge, TN
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 Oak Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Ridge 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
Property tax & assessments
Land market value
$247,500
Improvement market value
$6,463,800
Total market value
$6,711,300
Applied tax rate
1.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1943
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
88
Total area
55,886 SF
Lot
3.13 ac (136,343 SF)
Zoning code
R3
APN
001094P D 03100
UPID
US80-0515069
Jurisdiction
ANDERSON
Zoning & alternative use
R3 · Oak Ridge, TNZoning R3 · permitted uses
R3 · Oak Ridge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance PDF
Building & site characteristics
From public records
Year built
1943
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
88
Lot
3.13 ac
Current owner
From public records · entity-resolved
Industrial Dev Board Of City & Oak
Entity
Free & Clear · 9 yrs held
Mailing address
1400 OAK RDG TPKE, OAK RIDGE, TN 37830-6214
Ownership since
2017
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
Jun 21, 2017
—
Alexander Properties LLC
—
Grant Deed
related
$8,600,000 · United Cmnty Bk
May 25, 2017
—
Industrial Dev Board Of City & Oak
City Of Oak Ridge
Quit Claim Deed
related
—
Nov 5, 2013
—
Industrial Deve Board Of City & Oak
Guest Hse Alexander Senior Liv
Quit Claim Deed
related
—
May 8, 2013
$350,000
Knox Heritage INC
Oak Ridge Alexander Inn INC
Warranty Deed
—
May 8, 2013
$10,000
Hse Alexander Senior Liv Guest
Knox Heritage INC
Quit Claim Deed
related
—
May 8, 2013
—
Oak Ridge Alexander Inn INC
Oak Ridge Revitalization Effor
Deed In Lieu Of Foreclosure
related
—
Dec 28, 2009
$520,000
Oak Ridge Revitalization Effor
Oak Ridge Alexander Inn INC
Warranty Deed
related
$353,700 · Oak Ridge Alexander Inn INC
—
—
Guest Hse Alexander Senior Liv
—
Loan Modification
related
$5,790,000 · Citizens Nat'l Bk
—
—
Oak Ridge Revitalization Effor
—
Deed Of Trust
related
$353,700 · Oak Ridge Alexander Inn INC
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 83 Kentucky Ave?
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.