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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Residential income homes
1001 Kiser Blvd Greeneville, TN 37745-1528
Entity Owned
4-yr Hold
Property ID
US80-3162010
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1986
Total area
9,536 SF
Lot
2.25 ac (98,010 SF)
Zoning code
A-1
APN
030087 11011
UPID
US80-3162010
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
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$700k
Owner & transaction history
Elevation Property Group LLC · 4 yrs held
Elevation Property Group LLC
since 2022
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
A-1 · Greeneville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+95.2%
Medical building
$885,000
+71.7%
Retail stores
$780,000
+52.1%
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 Greeneville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greeneville 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
$695,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$515,000
Current use
RESTAURANT
$1,005,000
Change: +95% · Conversion: Difficult
MEDICAL BUILDING
$885,000
Change: +72% · Conversion: Moderate
RETAIL STORES
$780,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$770,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$675,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jul 5 2022)
Last sale anchor
$700k
Jul 5 2022
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
$73 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,615
Tax year 2023
Assessed value
$287,280
Assessed 2023
Previous assessed
$287,280
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$17,080
Assessed improvement
$270,200
Land market value
$42,700
Improvement market value
$675,500
Total market value
$718,200
Applied tax rate
30.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1986
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
18
Total area
9,536 SF
Lot
2.25 ac (98,010 SF)
Zoning code
A-1
APN
030087 11011
UPID
US80-3162010
Jurisdiction
GREENE
Zoning & alternative use
A-1 · Greeneville, TN
Zoning A-1 · permitted uses
A-1 · Greeneville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greeneville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$515,000
RESTAURANT
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$885,000
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
18
Lot
2.25 ac
Current owner
From public records · entity-resolved
Elevation Property Group LLC
Entity
Mailing address
3101 BROWNS ML RD #6389, JOHNSON CITY, TN 37604-4100
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
$700,000
Elevation Property Group LLC
Bruce A Marotta
Warranty Deed
$583,670 · Heritage Community Bank
Dec 22, 2015
$525,100
Bruce A Marotta
Kargozar,mohammad & Shirin G
Warranty Deed
$393,750 · Consumer Cu
Mar 2, 2007
$540,000
Mohammad Kargozar
Tipton,dean L & Sharon
Warranty Deed
$450,000 · Greeneville Federal Bank Fsb
May 5, 1995
$18,000
Dean Tipton
Unknown,
Grant Deed
$200,000 · Andrew Johnson 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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