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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Bowling alleys
Old Knoxville Hwy Sevierville, TN 37876
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-2741206
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
2009
Construction
FRAME
Total area
63,783 SF
Lot
6.2 ac (270,072 SF)
Zoning code
C-5
APN
078038 00117
UPID
US80-2741206
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Wilderness Dev Corp · 7 yrs held
Wilderness Dev Corp
since 2019
5 recorded transactions
Zoning & alternative use
C-5 · Sevierville, TN
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 Sevierville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sevierville 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
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$11 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$124,233
Tax year 2021
Assessed value
$6,520,040
Assessed 2023
Previous assessed
$6,520,040
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$1,107,760
Assessed improvement
$5,412,280
Land market value
$2,769,400
Improvement market value
$13,530,700
Total market value
$16,300,100
Applied tax rate
78.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Units
1
Bathrooms
27
Total area
63,783 SF
Lot
6.2 ac (270,072 SF)
Zoning code
C-5
APN
078038 00117
UPID
US80-2741206
Jurisdiction
SEVIER
Zoning & alternative use
C-5 · Sevierville, TNZoning C-5 · permitted uses
C-5 · Sevierville, TN
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
2009
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
27
Lot
6.2 ac
Current owner
From public records · entity-resolved
Wilderness Dev Corp
Entity
Free & Clear · 7 yrs held
Mailing address
551 E ADAMS ST, WISCONSIN DELLS, WI 53965-9648
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2019
$31,995,634
Wilderness Dev Corp
Wilderness Tennessee Venture N
Grant Deed
—
Nov 4, 2011
—
Tennessee Ventur 2 Wilderness
—
Trustees Deed
related
$8,000,000 · Baraboo National Bank
Feb 9, 2009
—
Tennessee Venture N Wilderness
—
Trustees Deed
related
$60,000 · Mountain National Bank
—
—
Tennessee Ventur 1 Wilderness
—
Loan Modification
related
$50,000,000 · Bank Of Wisconsin Dells
—
—
Tennessee Venture 2 Wilderness
—
Deed Of Trust
related
$7,808,575 · Baraboo National Bank
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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