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Property profile & analytics
OFF-MARKET
Assisted living facilities
8458 Gleason Dr Knoxville, TN 37919-5482
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-1550069
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Construction
FRAME
Total area
90,703 SF
Lot
8.12 ac (353,707 SF)
APN
120PB00101
UPID
US80-1550069
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
-
Holiday Echo Ridge Retirement Community
-
Graceful Beauty Salon & Spa Hair Salon Nail Salon
-
Holly Foley Physician
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
Knox County Tennessee · 10 yrs held
Knox County Tennessee
since 2015
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
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
$133,657
Tax year 2023
Assessed value
$3,603,000
Assessed 2023
Previous assessed
$3,603,000
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$1,156,400
Improvement market value
$7,851,100
Total market value
$9,007,500
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
1997
Construction
FRAME
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
90,703 SF
Lot
8.12 ac (353,707 SF)
APN
120PB00101
UPID
US80-1550069
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
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
8.12 ac
Current owner
From public records · entity-resolved
Knox County Tennessee
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 130477, DALLAS, TX 75313-0477
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2015
—
Knox County Tennessee
Harvest Echo Ridge Retirement
Warranty Deed
—
Mar 20, 2007
—
Harvest Echo Ridge Retirement Resid
Knoxville Retirement Residence LLC
Quit Claim Deed
related
$175,609,435 · Citigroup Global Markets Realty Cor
Aug 16, 1996
$305,000
Knoxville Retirement Residence
Anderson,merle B
Grant Deed
$5,600,000 · Wachovia Bank Of Georgia N A
Aug 16, 1996
—
Retirement Resid Knoxville
—
Deed Of Trust
related
—
Jul 23, 1996
$305,000
Charles H Brashear
Anderson,merle B
Grant Deed
$40,000 · Barnett Mortgage Co
Apr 8, 1996
—
Merle B Anderson
Colson,& Colso
Grant Deed
related
—
Feb 27, 1995
$180,000
Merle B Anderson
—
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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