Entity Owned Property summary
AI-generated overview
A four-story office building located on East Stone Drive in Kingsport, Tennessee, positioned on a traffic-lit corner along a commercial corridor with nearby interchange access and major roadway traffic counts. The glass midrise structure includes the right-hand side tower and an annex between both towers, with a neighboring tower anchored by New People’s Bank. The property sits on a 1.22-acre lot and contains 24,930 square feet, with 70 parking spaces. Built in 1986, the building is constructed of steel, masonry, and glass and is zoned B-3 Highway Oriented Business District. Major building systems include a wet sprinkler system and an elevator. Electrical service consists of an 800A-3P-120/208V main power supply and a 225A 120/240V main power supply, with 125A sub-panels serving floors 1 through 4. Public utilities are available. Typical interior ceiling heights are approximately 9 feet, and each floor includes two 5-fixture bathrooms. The roof is a membrane roof reported to be damaged and requiring replacement, and the electric HVAC system is in need of replacement and updates. The property is in Flood Zone X.
Property profile
Verified
Property type
Other office properties
Use group
OFFICE (GENERAL)
Year built
1986
Construction
FRAME
Total area
25,848 SF
Lot
1.22 ac (53,143 SF)
APN
082047P A 00510
UPID
US80-1424000
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
since 2024
Last sale
$770,000
4 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.04M
Value range
$936k – $1.14M
±10% around blend
Estimated value / SF
$40 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
30
$936k
blend $1.04M
$1.14M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,848 SF
Lot area
1.22 ac
Year built
1986
Stories
1
APN
082047P A 00510
Assessed value
$738,960
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.96M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
18.5 mi away · 18,911 SF
22.5 mi away · 30,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.04M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 97 sales
$99
-59%
Submarket 148 sales
$93
-57%
County 237 sales
$91
-56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $40/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$770k
Move the market yield to see immediate price impact.
Value / SF
$30
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$49k
$970k
$693k
$539k
$54k
$1.08M
$770k
$599k
$59k
$1.19M
$847k
$659k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.24M
17.4 mi · Feb 2026 · $62/SF
Property tax & assessments
Property tax & assessments
Assessed value
$738,960
Assessed 2023
Previous assessed
$738,960
+0.0% YoY
Assessed land
$92,640
Assessed improvement
$646,320
Land market value
$231,600
Improvement market value
$1,615,800
Total market value
$1,847,400
Applied tax rate
82.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
6
Total area
25,848 SF
Lot
1.22 ac (53,143 SF)
APN
082047P A 00510
UPID
US80-1424000
Jurisdiction
SULLIVAN
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
1.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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