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Property profile & analytics
OFF-MARKET
Estimated value
$31,425,000
Golf courses & driving ranges
8700 Hopemont Way Knoxville, TN 37923-6375
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1311074
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1997
Construction
WOOD
Total area
3,850 SF
Lot
23.59 ac (1,027,580 SF)
APN
133 03502
UPID
US80-1311074
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
-
Bridlewood On Westland Apartments in Knoxville Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$31.42M
Blend (final)
Blend
$31.43M
Owner & transaction history
Bridlewood On Westland LLC · 7 yrs held
Bridlewood On Westland LLC
since 2018
6 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$31.43M
Range $28.28M – $34.57M · ±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
$8,162 / 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
$250,936
Tax year 2023
Assessed value
$16,147,720
Assessed 2023
Previous assessed
$16,147,720
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$3,113,900
Improvement market value
$37,255,400
Total market value
$40,369,300
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
1997
Construction
WOOD
Heating
STEAM
Buildings
17
Stories
1
Units
1
Total area
3,850 SF
Lot
23.59 ac (1,027,580 SF)
APN
133 03502
UPID
US80-1311074
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
WOOD
Heating
STEAM
Stories
1
Buildings
17
Units
1
Lot
23.59 ac
Current owner
From public records · entity-resolved
Bridlewood On Westland LLC
Entity
Mailing address
PO BOX 3278, KNOXVILLE, TN 37927-3278
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2018
—
Bridlewood On Westland LLC
Neyland Apartment Associates One Ll
Quit Claim Deed
related
$28,917,000 · Berkadia Commercial Mortgage LLC
Jun 30, 2017
$35,000,000
Neyland Apt Associates One LLC
Reserve At Westland LLC
Grant Deed
$27,500,000 · Pinnacle Bk
Aug 3, 2007
—
Reserve At Westland LLC
—
Deed Of Trust
related
$21,000,000 · Lasalle National Bank
May 21, 1996
$941,535
At Westland L L C Reserve
—
Grant Deed
related
—
Mar 27, 1996
—
Evelyn Diana Smit Flaherty
—
Deed Of Trust
related
—
Jul 11, 1991
$224,608
Oliver A Smith III
Unknown,
Grant Deed
—
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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