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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Casinos
9009 Oak Rdg Hwy Knoxville, TN 37931-1904
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US80-2325094
Property profile
Verified
Property type
Casinos
Use group
CASINO
Year built
2009
Construction
CONCRETE
Total area
5,800 SF
APN
089BA003
UPID
US80-2325094
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
-
Knoxville & Farragut Auto Repair Centers! Auto Repair Shop
-
Service Street Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.03M
Owner & transaction history
Baxter Properties LP · 12 yrs held
Baxter Properties LP
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+36.6%
Neighborhood: shopping center
$1.1M
+29.8%
Auto repair, garage
$925,000
+7.7%
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
Alternative Use
Use
Estimation
CASINO
$860,000
Current use
MEDICAL BUILDING
$1,175,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,115,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$925,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$775,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$178 / 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
$6,233
Tax year 2023
Assessed value
$401,080
Assessed 2023
Previous assessed
$401,080
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$245,300
Improvement market value
$757,400
Total market value
$1,002,700
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
Casinos
Use group
CASINO
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
5,800 SF
APN
089BA003
UPID
US80-2325094
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
Alternative use value scenarios
Repositioning upside vs current use
CASINO Current
Est. value
$860,000
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$925,000
RETAIL STORES
Est. value
$775,000
CASINO Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Baxter Properties LP
Entity
Mailing address
9009 OAK RDG HWY, KNOXVILLE, TN 37931-1904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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 5, 2019
—
Baxter Properties LLC
—
Deed
related
$862,500 · First Tn Bk
Jun 24, 2014
$1,150,000
Baxter Properties LP
J Mark Wisham
Warranty Deed
$862,500 · First Tennessee Bank NA
Jan 16, 2014
—
J Mark Wisham
Wisham,j Mark & Leigh A
Quit Claim Deed
related
—
May 31, 1996
—
N Kenneth Wise JR.
Wisham,john Mark
Grant Deed
$68,000 · Bankfirst
Apr 19, 1996
—
John E Winters
Wisham,john Mark
Grant Deed
$80,000 · Regions Mortgage INC
Feb 7, 1996
—
J Mark Wisham
—
Deed Of Trust
related
—
—
—
Baxter Properties LLC
—
Loan Modification
related
$862,500 · First Tn Bk
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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