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    Property profile & analytics

    1000 University Blvd Mount Carmel, TN 37645

    • Residential income homes
    • 9,660 SF
    • 28.60 lot acres
    OFF-MARKET
    Value Estimation
    $13,105,000
    Last Sale
    Mar 01, 2023
    $13,020,000
    Location Intelligence
    Property ID
    US80-3459297
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1000 University Blvd

    Year built
    1974
    Lot size
    28.60 lot acres
    Property size
    9,660 SF
    Zone code
    R-3
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    037022 02900
    APU
    3702202900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,890,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,395,000
      6.5%
      $13,990,000
      7%
      $14,170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $14,440,000
      Geo Method
      $14,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,350,000
      Retail
      $12,920,000
      Mixed-Use
      $13,005,000
      Hospitality
      $12,160,000
      Educational
      $15,320,000
      Residential Income
      $15,490,000
      Energy
      $12,160,000
      Income-Based Land
      $12,360,000
      Food Service
      $12,700,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Carmel
    County
    Hawkins
    State
    Tennessee
    Longitude
    -82.6388
    Latitude
    36.5532
    CBSA code
    28700
    CBSA name
    KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $572,000
    $2,614,320
    $3,186,320
    -
    $1,430,000
    $6,535,800
    $7,965,800

    Comparable in this City

    • Value Estimation
      $460,000
      11.13 Acres

      1439 Wolfe Ln

      MOBILE HOME PARK, TRAILER PARK • 11.13 Acres
      1439 Wolfe Ln, Mount Carmel, TN 37645-3024
      View Details
    • Value Estimation by Request
      1.00 Acre

      5730 Carters Vly Rd

      MOBILE HOME PARK, TRAILER PARK • 1.00 Acre
      5730 Carters Vly Rd, Mount Carmel, TN 37645-6306
      View Details
    • Value Estimation by Request
      101.00 Acres

      Main St

      COMMERCIAL (GENERAL) • 101.00 Acres
      Main St, Mount Carmel, TN 37645
      View Details
    • Value Estimation by Request

      536th Main E St

      COMMERCIAL (GENERAL)
      536th Main E St, Mount Carmel, TN 37645-3961
      View Details
    • Value Estimation by Request
      100.00 Acres

      Unaka Ave

      VACANT COMMERCIAL LAND • 572 SF
      Unaka Ave, Mount Carmel, TN 37645
      View Details
    • Value Estimation by Request
      564 SF

      1439 Wolfe Ln

      COMMERCIAL (GENERAL) • 564 SF
      1439 Wolfe Ln, Mount Carmel, TN 37645-3024
      View Details

    Similar Nearby for Sale

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    • $54,900
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      Corner Lot in Mount Carmel

      Fenced corner lot with dual frontage and B-3 zoning.
      108 Inca Dr, Mount Carmel, TN 37645
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    • New
      $449,900
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      Picturesque Land in Mount Carmel

      46.36 acres of wooded land ready for development.
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    1000 University Blvd
    Mount Carmel, TN 37645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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