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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Auto shops
1260 Jan Way Kingsport, TN 37660-5374
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1621559
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Construction
FRAME
Total area
26,562 SF
Lot
3.36 ac (146,362 SF)
APN
082076A C 00300
UPID
US80-1621559
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
-
Snider Fleet Solutions (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$1.73M
Owner & transaction history
Jan Way Investments LLC · 5 yrs held
Jan Way Investments LLC
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+25.8%
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 Kingsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsport 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
$1,275,000
ML approach
$1,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,085,000
Current use
COMMERCIAL (GENERAL)
$2,620,000
Change: +26% · Conversion: Moderate
RETAIL STORES
$1,870,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.75M (Dec 30 2020)
Last sale anchor
$1.75M
Dec 30 2020
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
$65 / 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
$697,600
Assessed 2023
Previous assessed
$697,600
+0.0% YoY
Assessed land
$33,240
Assessed improvement
$664,360
Land market value
$83,100
Improvement market value
$1,660,900
Total market value
$1,744,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
5
Total area
26,562 SF
Lot
3.36 ac (146,362 SF)
APN
082076A C 00300
UPID
US80-1621559
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
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
2004
Construction
FRAME
Heating
YES
Stories
1
Units
1
Bathrooms
5
Lot
3.36 ac
Current owner
From public records · entity-resolved
Jan Way Investments LLC
Entity
Mailing address
1545 SAINT JAMES CHURCH RD, NEWTON, NC 28658-8938
Ownership since
2020
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
Apr 15, 2025
—
Jan Way Investments LLC
—
Deed
related
$2,160,000 · Skyline National Bank
Dec 30, 2020
$1,750,000
Jan Way Investments LLC
3 Tees LLC
Warranty Deed
$1,500,066 · Atlantic Union Bank
Dec 29, 2020
—
3 Tees LLC
—
Deed
related
$500,000 · New Peoples Bank INC
Nov 7, 2017
—
3 Tees LLC
—
Trustees Deed
related
$600,000 · New Peoples Bk
Sep 30, 2014
—
3 Tees LLC
—
Trustees Deed
related
$510,000 · New Peoples Bk
—
—
Daniel V Davis
—
Deed Of Trust
related
$760,700 · New Peoples Bank INC
—
—
Daniel V Davis
—
Deed Of Trust
related
$250,000 · New Peoples Bank INC
—
—
3 Tees LLC
—
Deed Of Trust
related
$1,370,000 · New Peoples Bk
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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