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Property profile & analytics
FOR LEASE
Auto shops
9929 Rutledge Pike Corryton, TN 37721
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-0141130
For Lease
1 / 2
$1,500,000
9929 Rutledge Pike, Corryton, TN 37721
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1976
Construction
CONCRETE
Total area
9,400 SF
Lot
3.02 ac (131,551 SF)
APN
032 11302
UPID
US80-0141130
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 Trucks Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.50M
Owner & transaction history
Todd T Claiborne · 1 yrs held
Todd T Claiborne
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+25.1%
Neighborhood: shopping center
$1.7M
+12.2%
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 Corryton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corryton 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,540,000
Current use
MEDICAL BUILDING
$1,930,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,730,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,260,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Nov 27 2024)
Last sale anchor
$1.50M
Nov 27 2024
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
$160 / 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
$5,085
Tax year 2023
Assessed value
$327,200
Assessed 2023
Previous assessed
$327,200
+0.0% YoY
Effective rate
1.55%
On assessed value
Land market value
$107,600
Improvement market value
$710,400
Total market value
$818,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Units
1
Total area
9,400 SF
Lot
3.02 ac (131,551 SF)
APN
032 11302
UPID
US80-0141130
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
AUTO REPAIR, GARAGE Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
3.02 ac
Current owner
From public records · entity-resolved
Todd T Claiborne
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 14280, KNOXVILLE, TN 37914-1280
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$1,500,000
Todd T Claiborne
Benjamin Coffey
Warranty Deed
—
Feb 16, 2016
$500,000
Benjamin Coffey
Knoxville Trucks INC
Warranty Deed
$500,000 · Private Individual
Dec 28, 2012
$650,000
Knoxville Trucks INC
Williams,james
Warranty Deed
—
Feb 3, 2009
$350,000
James Williams
Whaley,wayne R & Tammy
Warranty Deed
—
May 15, 2008
—
Wayne R Whaley
Savannah Transport INC
Quit Claim Deed
related
$248,288 · Fsgbank
Jan 27, 2003
$150,000
Savannah Transport INC
Whaley,wayne R
Grant Deed
$100,500 · Laura Ayers
Aug 4, 1999
$189,359
Wayne R Whaley
Bailey,james T & Norma K
Grant Deed
$189,359 · Seller
—
—
Savannah Transport INC
—
Deed Of Trust
related
$150,000 · Fsgbank
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?”
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