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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1201 Virginia Ave Bristol, TN 37620-3942
Individually Owned
9-yr Hold
Free & Clear
Property ID
US80-2926823
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2014
Construction
FRAME
Total area
1,736 SF
Lot
200 ac (8,712,000 SF)
APN
082021J F 01300
UPID
US80-2926823
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
-
Food City Gas 'N Go Convenience Store Gas Station
-
Western Union Bank Credit Union
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
State Of Tennessee · 9 yrs held
State Of Tennessee
since 2017
7 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$302,480
Assessed 2023
Previous assessed
$302,480
+0.0% YoY
Assessed land
$86,400
Assessed improvement
$216,080
Land market value
$216,000
Improvement market value
$540,200
Total market value
$756,200
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,736 SF
Lot
200 ac (8,712,000 SF)
APN
082021J F 01300
UPID
US80-2926823
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
Building & site characteristics
From public records
Year built
2014
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
200 ac
Current owner
From public records · entity-resolved
State Of Tennessee
Individual
Free & Clear · 9 yrs held
Mailing address
PO BOX 1158, ABINGDON, VA 24212-1158
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2017
$4,440
State Of Tennessee
Marathon Realty Corp
Grant Deed
related
—
Mar 27, 2014
$17,500
Marathon Realty Corp
Mack B Trammell Foundation INC
Warranty Deed
—
Mar 27, 2014
$105,000
Marathon Realty Corp
Taff,john D IV & Whitney
Warranty Deed
—
Oct 15, 2012
—
Mack B Trammell Foundation INC
Trammell Mack B Trust
Quit Claim Deed
related
—
Jul 30, 2012
$63,250
John D Taff IV
Leonard,kimberly M
Grant Deed
$50,600 · Highlands Union Bank
May 11, 2005
$68,500
Diana Leonard
Phh Mortgage Corp
Grant Deed
—
Mar 18, 2005
$69,525
Phh Mtg Corp
Thacker,james R & Rachel
Warranty Deed
related
—
Aug 27, 2004
$775
James R Thacker
Feathers,norma Jean
Grant Deed
related
—
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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