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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Office Spaces
1211 Jackson Blvd Jonesborough, TN 37659-4776
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US80-3115372
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2009
Total area
6,762 SF
Lot
100 ac (4,356,000 SF)
Zoning code
R4
APN
052K A 00500
UPID
US80-3115372
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
-
Law Offices of James R. Wheeler Law Firm
-
Gene Scott, Attorney at Law Law Firm
-
Amber B Hayes CPA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.10M
Owner & transaction history
First Town Investments LLC · 18 yrs held
First Town Investments LLC
since 2008
7 recorded transactions
Zoning & alternative use
R4 · Jonesborough, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$885,000
+21.2%
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 Jonesborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesborough 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%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$730,000
Current use
AUTO REPAIR, GARAGE
$885,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±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
$162 / 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
$272,760
Assessed 2023
Previous assessed
$272,760
+0.0% YoY
Assessed land
$84,880
Assessed improvement
$187,880
Land market value
$212,200
Improvement market value
$469,700
Total market value
$681,900
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
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2009
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
6,762 SF
Lot
100 ac (4,356,000 SF)
Zoning code
R4
APN
052K A 00500
UPID
US80-3115372
Jurisdiction
WASHINGTON
Zoning & alternative use
R4 · Jonesborough, TNZoning R4 · permitted uses
R4 · Jonesborough, TN
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
COMMERCIAL (GENERAL) Current
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$885,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
2009
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
5
Lot
100 ac
Current owner
From public records · entity-resolved
First Town Investments LLC
Entity
Mailing address
1211 E JACKSON BLVD #1, JONESBOROUGH, TN 37659-4776
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2008
$172,000
First Town Investments LLC
Silvers,randy
Warranty Deed
related
—
Oct 16, 2006
—
Randy Silvers
Accurate Appraisal Co LLC
Quit Claim Deed
related
$136,000 · Washington County Bank
Jul 22, 2002
—
Accurate Appraisal Co LLC
Silvers,randy C
Grant Deed
related
—
Dec 17, 2001
$81,000
Silbers,randy C
Johnson,randolph
Trustees Deed
—
Dec 17, 2001
—
Kennedy,randy M Tr
Silbers,randy C
Trustees Deed
related
—
—
—
First Town Investments LLC
—
Deed Of Trust
related
$480,000 · Greenbank
—
—
First Town Investments
—
Deed Of Trust
related
$225,454 · Daniel C & Mary C Wheeler
—
—
Accurate Appraisal Co LLC
—
Deed Of Trust
related
$115,600 · Washington County Bank
—
—
First Town Investments
—
Deed Of Trust
related
$413,947 · Daniel C & Mary C Wheeler
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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