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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Bowling alleys
130 Vfw Rd Kingsport, TN 37663-2042
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-2095880
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1960
Total area
20,428 SF
Lot
12.1 ac (527,076 SF)
Zoning code
B-3
APN
082077 03800
UPID
US80-2095880
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
-
Grace Point Fellowship Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.11M
Owner & transaction history
Grace Point Fellowship · 7 yrs held
Grace Point Fellowship
since 2019
7 recorded transactions
Zoning & alternative use
B-3 · Kingsport, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+41.7%
Commercial (general)
$1.5M
+38.6%
Medical building
$1.3M
+21.0%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,105,000
Current use
AUTO REPAIR, GARAGE
$1,565,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,530,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,335,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$890,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$54 / 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
Land market value
$173,800
Improvement market value
$470,500
Total market value
$644,300
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1960
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
5
Total area
20,428 SF
Lot
12.1 ac (527,076 SF)
Zoning code
B-3
APN
082077 03800
UPID
US80-2095880
Jurisdiction
SULLIVAN
Zoning & alternative use
B-3 · Kingsport, TN
Zoning B-3 · permitted uses
B-3 · Kingsport, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingsport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$890,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1960
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
12.1 ac
Current owner
From public records · entity-resolved
Grace Point Fellowship
Individual
Mailing address
PO BOX 6629, KINGSPORT, TN 37663-1629
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jan 4, 2019
$819,767
Grace Point Fellowship
Promise Land Properties LLC
Grant Deed
—
Jan 4, 2019
—
Fellowship Grace P
—
Deed
related
$794,750 · Eastman Cu
Sep 14, 2016
—
Promise Land Properties LLC
—
Deed
related
$700,000 · Andrew Johnson Bank
Mar 15, 2016
—
Paulus,lynn C Trust
Davis,ronnie L
Quit Claim Deed
related
—
Mar 15, 2016
$470,000
Promise Land Properties LLC
Allert Kimberlley Suc Trustee
Warranty Deed
$649,500 · Andrew Johnson Bank
Jul 21, 2010
$340,000
Paulus Lynn C Tr
Byrd,charles D
Warranty Deed
—
—
—
Paulus,lynn C Trust
—
Deed Of Trust
related
$200,000 · Kevin C Conley
—
—
Fellowship Grace P
—
Deed Of Trust
related
$794,750 · Eastman 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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