Individually Owned Property summary
AI-generated overview
This multi-use property in Meadowview, Tennessee, offers a compelling investment opportunity. The 0.94-acre lot features a 2,300 square foot warehouse space, part of a larger complex totaling over 11,000 square feet. The building also includes approximately 3,100 square feet of ground-level retail space and an additional 960 square feet of ground-level space currently available for lease. An upstairs 2,300+ square foot, four-bedroom apartment with hardwood floors, a large kitchen, laundry facilities, living room, and dining area offers further income potential, and could be easily converted into two separate units. All spaces, except the 960 square foot ground-level area, are currently heated, cooled, and leased. The property boasts a metal roof, ample parking, and room for expansion. Its strategic location near Emory & Henry College and I-81 Exit 26 in Glade Spring, Virginia, provides excellent visibility and accessibility. With over 97 feet of road frontage on US Route 11 and B2 zoning, this site presents significant upside potential. A plat is available upon request. Asking price is $275,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1937
Total area
11,135 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B2 BUSINESS GENERAL
APN
068 A 21A
UPID
US87-1812961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$360k
Owner & transaction history
since 2025
Last sale
$275,000
2 recorded transactions
Zoning & alternative use
B2 BUSINESS GENERAL · Meadowview, VA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$360k
Value range
$324k – $396k
±10% around blend
Estimated value / SF
$32 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
60
$324k
blend $360k
$396k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,135 SF
Lot area
0.94 ac
Year built
1937
Stories
2
APN
068 A 21A
Zoning
B2 BUSINESS GENERAL
Assessed value
$237,200
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$685k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.3 mi away · 12,800 SF
14.9 mi away · 12,576 SF
15.2 mi away · 12,486 SF
18.1 mi away · 12,840 SF
22.0 mi away · 9,365 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$360k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 215 sales
$107
-70%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $32/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$275k
Move the market yield to see immediate price impact.
Value / SF
$25
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$17k
$347k
$247k
$193k
$19k
$385k
$275k
$214k
$21k
$424k
$303k
$235k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.36M
9.5 mi · Jan 2026 · $147/SF
Property tax & assessments
Property tax & assessments
Assessed value
$237,200
Assessed 2024
Previous assessed
$237,200
+0.0% YoY
Assessed land
$40,000
Assessed improvement
$197,200
Land market value
$40,000
Improvement market value
$197,200
Total market value
$237,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1937
Heating
HOT WATER
Stories
2
Rooms
5
Bathrooms
2
Total area
11,135 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B2 BUSINESS GENERAL
APN
068 A 21A
UPID
US87-1812961
Jurisdiction
WASHINGTON
Zoning & alternative use
B2 BUSINESS GENERAL · Meadowview, VAZoning B2 BUSINESS GENERAL · permitted uses
B2 BUSINESS GENERAL · Meadowview, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1937
Heating
HOT WATER
Stories
2
Rooms
5
Bathrooms
2
Lot
0.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2 BUSINESS GENERAL
Jurisdiction
Meadowview, VA
Recorded code
B2 BUSINESS GENERAL
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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