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Financial
Distress signals
Property profile

2519 Morris Blvd Morristown, TN 37813

OFF-MARKET
Drive through restaurants
Property ID
US80-3432524
2,610 SF 0.48 ac lot Built 2013
Last sale Nov 2022 · $1,807,564
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property located at 2519 E Morris Blvd in Morristown, Tennessee is a restaurant building constructed in 2013 and is configured for an absolute NNN lease structure. It is situated along a retail corridor with reported traffic volumes exceeding 19,200 AADT. The leasing arrangement includes a base term followed by option periods, with rent increases scheduled throughout those periods, and includes tenant and guarantee structures involving Tacala Tennessee Corp. as guarantor, with the tenant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$304k
Assessed land$149k
Assessed improvement$155k

Value estimate

· Oct 2026
$1.39M
$1.25M – $1.52M
AI approach$1.55M
Submarket $/SF estimate$1.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$292/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$99 – $467

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HI
The Heavy Industrial District was established to provide areas in which the principal use of land is for manufacturing and other heavy us...
General categoryINDUSTRIAL
JurisdictionHAMBLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.5
Law Firm12.1
HVAC Service11.6

Location

2519 Morris Blvd Morristown, TN 37813-1900
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 Throughbred, Morristown, TN 37813-2737 $2,650,000 Mar 2025 2,446 SF
1003 Cumberland, Morristown, TN 37813-5236 $325,000 Apr 2024 3,104 SF
1035 Cumberland, Morristown, TN 37813-5236 $35,000 Jun 2023 3,348 SF
409 Morris, Morristown, TN 37813-2346 $350,000 Dec 2022 3,641 SF
2547 Morris, Morristown, TN 37813-1900 $3,450,000 Oct 2022 3,169 SF
127 Morris, Morristown, TN 37813-2340 $2,300,000 Aug 2022 3,492 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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