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Property profile & analytics
OFF-MARKET
Office Spaces
201 Colonial Hts Rd Kingsport, TN 37663-2257
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0303170
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Total area
4,134 SF
Lot
0.71 ac (30,928 SF)
Zoning code
B-4
APN
082092G C 01700
UPID
US80-0303170
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
-
Colonial Heights Church Church
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
David Cate · 1 yrs held
David Cate
since 2025
Last sale
$240,000
5 recorded transactions
Zoning & alternative use
B-4 · Kingsport, 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 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
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
Assessed value
$78,720
Assessed 2023
Previous assessed
$78,720
+0.0% YoY
Assessed land
$19,120
Assessed improvement
$59,600
Land market value
$47,800
Improvement market value
$149,000
Total market value
$196,800
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Heating
RADIANT
Stories
1
Units
1
Bathrooms
2
Total area
4,134 SF
Lot
0.71 ac (30,928 SF)
Zoning code
B-4
APN
082092G C 01700
UPID
US80-0303170
Jurisdiction
SULLIVAN
Zoning & alternative use
B-4 · Kingsport, TN
Zoning B-4 · permitted uses
B-4 · 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.
Building & site characteristics
From public records
Year built
1950
Heating
RADIANT
Stories
1
Units
1
Bathrooms
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
David Cate
Individual
Mailing address
100 MED TECH PKWY STE #110, JOHNSON CITY, TN 37604-2369
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
$240,000
David Cate
Mmc Property LLC
Warranty Deed
$200,000 · Powell Valley National Bank
Sep 8, 2020
$10,000
Regions Bk
Mmc Property LLC
Warranty Deed
—
Sep 8, 2020
—
Mmc Property LLC
Regions Bk
Quit Claim Deed
related
—
Dec 13, 2019
$150,000
Mmc Property LLC
Gary Brewer
Warranty Deed
$90,000 · Bank Of Tennessee
Jan 19, 2001
$92,777
Gary Brewer
Cannon,james
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.
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