Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties
1721 Skyline Dr Johnson City, TN 37604-3786
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-3566088
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2007
Total area
23,400 SF
Lot
0.6 ac (26,136 SF)
Zoning code
R-4
APN
045M F 00700
UPID
US80-3566088
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
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
Blue Water Holdings · 3 yrs held
Blue Water Holdings
since 2023
Last sale
$243,000
7 recorded transactions
Zoning & alternative use
R-4 · Johnson City, TN
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 Johnson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnson City 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
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Stories
2
Bathrooms
33
Total area
23,400 SF
Lot
0.6 ac (26,136 SF)
Zoning code
R-4
APN
045M F 00700
UPID
US80-3566088
Jurisdiction
WASHINGTON
Zoning & alternative use
R-4 · Johnson City, TN
Zoning R-4 · permitted uses
R-4 · Johnson City, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Johnson City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
33
Lot
0.6 ac
Current owner
From public records · entity-resolved
Blue Water Holdings
Entity
Free & Clear · 3 yrs held
Mailing address
11TH E MAIN ST, JONESBOROUGH, TN 37659
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
$243,000
Blue Water Holdings
Reagan Parr
Warranty Deed
—
Apr 28, 2023
$135,000
Louis Robert Morris
Nathan S Hunt
Warranty Deed
$108,000 · Eastman Cu
Sep 16, 2021
—
Chinonso E Akano
—
Deed
related
$164,320 · United Wholesale Mortgage
Oct 14, 2011
—
Trupoint Bk
Walker,kevin W
Quit Claim Deed
related
—
May 25, 2011
$634,140
Trupoint Bk
Jordan,dave B
Trustees Deed
related
—
Jan 3, 2011
$134,900
Derrick Southerland
Walker,kevin W
Warranty Deed
$131,479 · Greenbank
Aug 26, 2010
$131,500
Brenda L Minasian
Walker,kevin W
Warranty Deed
$105,200 · Nationstar Mortgage LLC
Aug 12, 2010
$133,500
David C Haba
Walker,kevin W
Warranty Deed
$131,725 · Mortgage Investors Group
Jan 4, 2010
$251,000
Chinonso Akano
Walker,kevin W
Warranty Deed
$238,450 · Trupoint Bank
Dec 31, 2007
—
Kevin W Walker
—
Trustees Deed
related
$220,000 · Trupoint Bank
Jun 27, 2007
—
Kevin W Walker
—
Trustees Deed
related
$300,000 · Trupoint Bank
Feb 9, 2006
—
Kevin W Walker
—
Trustees Deed
related
$1,220,000 · Trupoint Bank
Dec 26, 2001
$39,500
Jeffrey A Carrier
Ervin,leroy
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1721 Skyline Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
