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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Manufacturing properties
1000 Quality Cir Johnson City, TN 37615-4723
Individually Owned
20-yr Hold
Free & Clear
Property ID
US80-1694602
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
FRAME
Total area
131,932 SF
Lot
15.43 ac (672,131 SF)
APN
029 01001
UPID
US80-1694602
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
-
Ferguson Plumbing Supply Plumbing Service Building Supply
-
Ferguson HVAC Supply Big Box & Wholesale Store Building Supply
-
Ferguson Bath, Kitchen & Lighting Gallery Kitchen & Bath Showroom Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Quality Circle · 20 yrs held
Quality Circle
since 2006
6 recorded transactions
Zoning & alternative use
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 Johnson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnson City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$12 / 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
Property tax & assessments
Assessed value
$957,200
Assessed 2023
Previous assessed
$957,200
+0.0% YoY
Assessed land
$102,160
Assessed improvement
$855,040
Land market value
$255,400
Improvement market value
$2,137,600
Total market value
$2,393,000
Applied tax rate
90.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
14
Total area
131,932 SF
Lot
15.43 ac (672,131 SF)
APN
029 01001
UPID
US80-1694602
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
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
1979
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
14
Lot
15.43 ac
Current owner
From public records · entity-resolved
Quality Circle
Individual
Free & Clear · 20 yrs held
Mailing address
2203 MCKINLEY RD, JOHNSON CITY, TN 37604-6893
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2020
—
Quality Circle LP
—
Deed
related
$3,500,000 · Tri-city Cmnty Bk
Jan 3, 2006
—
Quality Circle
Carter,marvin G & M T
Quit Claim Deed
related
—
Apr 7, 2004
$2,135,000
Marvin G Carter
Newell Operating
Grant Deed
—
Dec 5, 1988
$2,100,000
E Z Paintr Corporation
Unknown
Grant Deed
—
Jan 8, 1988
$950,000
Thomas Industries Of
Unknown,
Grant Deed
—
—
—
Quality Circle LP
—
Loan Modification
related
$3,500,000 · Tri-city Cmnty Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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