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    Property profile & analytics

    923 Cumberland Dr Louisville, TN 37777-5557

    • Residential income homes
    • 2,436 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US80-2636076
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 923 Cumberland Dr

    Year built
    1965
    Lot size
    0.65 lot acres
    Property size
    2,436 SF
    Zone code
    E
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    005009P A 00100
    APU
    005009PA00100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $270,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $230,000
      Mixed-Use
      $245,000
      Hospitality
      $305,000
      Educational
      $240,000
      Residential Income
      $230,000
      Energy
      $270,000
      Income-Based Land
      $260,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Blount
    State
    Tennessee
    Longitude
    -83.9618
    Latitude
    35.8519
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,554
    $57,640
    $81,120
    $138,760
    -
    $144,100
    $202,800
    $346,900

    Comparable in this City

    • Value Estimation
      $380,000
      3,432 SF

      3214 A-d Wrights Fry Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,432 SF
      3214 A-d Wrights Fry Rd, Louisville, TN 37777
      View Details
    • Value Estimation
      $225,000
      2,992 SF

      4852 Wheeler Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,992 SF
      4852 Wheeler Rd, Louisville, TN 37777-5559
      View Details
    • Value Estimation by Request
      2,304 SF

      2826 A-d Louisville Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,304 SF
      2826 A-d Louisville Rd, Louisville, TN 37777
      View Details
    • Value Estimation
      $285,000
      3,132 SF

      1135 Law Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,132 SF
      1135 Law Rd, Louisville, TN 37777-5632
      View Details
    • Value Estimation by Request
      26,060 SF

      4726 Airport Hwy

      APARTMENT HOUSE (UNDER 5 UNITS) • 26,060 SF
      4726 Airport Hwy, Louisville, TN 37777-5402
      View Details
    • Value Estimation
      $300,000
      3,306 SF

      1353 Lodwick Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,306 SF
      1353 Lodwick Dr, Louisville, TN 37777-4760
      View Details

    Similar Nearby for Sale

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    • $2,800,000
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    Similar Nearby for Lease

    • $10,000 /Mo

      2.42 Acre Commercial Land Lease

      High-visibility land in growing corridor near Knoxville. Ideal for development.
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      View Details
    • $17 SF/Yr
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      Executive Office Suites Near Pellissippi Pkwy

      Class A Office Space, Abundant Parking
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      View Details
    • $7 SF/Yr
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      Office and Lab/Warehouse Space

      Office and lab/warehouse space available for lease.
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    • $1,200 /Mo

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      Louisville Industrial Warehouse For Lease

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    • $11 SF/Yr
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      Office/Medical Space Near Airport

      Up to 15,168 SF available near Alcoa Highway.
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      View Details
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    Louisville, TN 37777-5557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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