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Property profile & analytics
OFF-MARKET
Estimated value
$6,910,000
Warehouses
1141 Volunteer Pkwy, Bristol, TN 37620-4619
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1516687
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
71,783 SF
Lot
4.48 ac (195,149 SF)
APN
082037D F 00500
UPID
US80-1516687
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
-
Omniad Health Research And Product Development
-
Stowaway Self Storage Storage Facility
-
Hughes Investigations and Security Solutions LLC Law Firm Security Service
-
Break Time Wrestling Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.88M
Comparable Approach
Comparable
$6.35M
Blend (final)
Blend
$6.91M
Owner & transaction history
Stowaway Storage Of Morristown · 11 yrs held
Stowaway Storage Of Morristown
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.3M
+143.3%
Commercial (general)
$6.0M
+55.3%
Auto repair, garage
$5.1M
+34.0%
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,620,000
6.5%
$8,880,000
7%
$8,250,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,330,000
Change: +143% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,960,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,140,000
Change: +34% · Conversion: Easy
RETAIL STORES
$4,960,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$6.91M
Range $6.22M – $7.60M · ±10%
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
$96 / 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
$1,110,880
Assessed 2023
Previous assessed
$1,110,880
+0.0% YoY
Assessed land
$89,960
Assessed improvement
$1,020,920
Land market value
$224,900
Improvement market value
$2,552,300
Total market value
$2,777,200
Applied tax rate
82.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
6
Total area
71,783 SF
Lot
4.48 ac (195,149 SF)
APN
082037D F 00500
UPID
US80-1516687
Jurisdiction
SULLIVAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.1M
RETAIL STORES
Est. value
$5.0M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
6
Lot
4.48 ac
Current owner
From public records · entity-resolved
Stowaway Storage Of Morristown
Individual
Mailing address
3300 BROWNS ML RD, JOHNSON CITY, TN 37604-4114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
—
Stowaway Storage Of Bristol Gp
—
Deed
related
$4,750,000 · First Horizon Bank
Feb 16, 2023
—
Stowaway Storage Of Bristol Gp
—
Deed
related
$1,100,000 · Consumer Cu
May 26, 2021
—
Carol Jean Trammell
—
Deed
related
—
Apr 16, 2019
—
Stowaway Storage Of Bristol Gp
—
Trustees Deed
related
$400,000 · Joy S Allen
Aug 1, 2018
—
Stowaway Storage Of Bristol Gp
—
Deed
related
$1,750,000 · Consumer Cu
Nov 27, 2017
—
Stowaway Storage Of Morristown
—
Deed
related
$500,000 · Bank Of Tennessee
Mar 19, 2015
—
Stowaway Storage Of Morristown
Bob Quillen Realtors
Grant Deed
related
$1,571,000 · Bank Of Tennessee
Feb 2, 2015
—
Stowaway Storage Of Morristown
Bob Quillen Realtors
Quit Claim Deed
related
—
Dec 10, 2014
$465,500
Bob Quillen Realtors
Block,terri T
Grant Deed
—
—
—
Stowaway Storage Of Morristown
—
Deed Of Trust
related
$700,000 · Bank Of Tennessee
—
—
Stowaway Storage Of Morristown
—
Loan Modification, Consolidation And Extension
related
$500,000 · Bank Of Tennessee
—
—
Stowaway Storage Of Bristol Gp
—
Deed Of Trust
related
$1,750,000 · Consumer Cu
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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