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    222 Old Gray Sta Rd Gray, TN 37615-3530

    • Banks
    • 5,654 SF
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    $1,290,000
    Last Sale
    Sep 20, 2021
    $1,120,625
    Location Intelligence
    Property ID
    US80-2188728
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATM (First Horizon Bank) / Atm
    • FedEx Drop Box / Mailing Service
    • First Horizon Bank / Atm / Mortgage Lender

    Property Details for 222 Old Gray Sta Rd

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.80 lot acres
    Property size
    5,654 SF
    Property type
    Banks
    APN
    012P A 00500
    APU
    012PA00500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,040,000
      6.5%
      $1,060,000
      7%
      $1,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,275,000
      Geo Method
      $1,210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,180,000
      Retail
      $1,020,000
      Mixed-Use
      $1,110,000
      Hospitality
      $1,005,000
      Educational
      $1,110,000
      Residential Income
      $1,025,000
      Energy
      $1,175,000
      Income-Based Land
      $1,125,000
      Food Service
      $860,000

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Washington
    State
    Tennessee
    Longitude
    -82.473
    Latitude
    36.4103
    CBSA code
    27740
    CBSA name
    JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $123,360
    $170,600
    $293,960
    -
    $308,400
    $426,500
    $734,900

    Comparable in this City

    • Value Estimation
      $795,000
      4,276 SF

      401 Roy Martin Rd

      FINANCIAL BUILDING • 4,276 SF
      401 Roy Martin Rd, Gray, TN 37615-2541
      View Details
    • Value Estimation by Request
      5,983 SF

      384 Roy Martin Rd

      FINANCIAL BUILDING • 5,983 SF
      384 Roy Martin Rd, Johnson City, TN 37615-3126
      View Details
    • Value Estimation
      $705,000
      4,060 SF

      5575 Bobby Hicks Hwy

      FINANCIAL BUILDING • 4,060 SF
      5575 Bobby Hicks Hwy, Gray, TN 37615-3195
      View Details
    • Value Estimation
      $215,000
      2,582 SF

      109 Ctr Park Dr

      FINANCIAL BUILDING • 2,582 SF
      109 Ctr Park Dr, Gray, TN 37615-6220
      View Details
    • Value Estimation
      $775,000
      1,470 SF

      4607 Browns Ml Blvd

      FINANCIAL BUILDING • 1,470 SF
      4607 Browns Ml Blvd, Johnson City, TN 37615
      View Details
    • Value Estimation
      $290,000
      4,100 SF

      2100 Frst Dr

      FINANCIAL BUILDING • 4,100 SF
      2100 Frst Dr, Gray, TN 37615-3430
      View Details

    Similar Nearby for Sale

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      High-visibility lot, ideal for retail or office.
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      Centrally located commercial space suitable for various business uses.
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      Retail space with high traffic count in convenient location.
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      Thriving coffee shop for sale in a prime location.
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      High-traffic location, ideal for business.
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    Similar Nearby for Lease

    • $12 SF/Yr
      9,000 SF

      9,000 SF Flex Space

      Versatile flex space in Johnson City, convenient to I-26.
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      View Details
    • $4,000 /Mo
      11,000 SF

      Functional Flex Space in Boones Creek

      Clear span flex space suitable for sales, service, or distribution.
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    • $14 SF/Yr
      1,200 SF

      Office Space in Boones Creek

      Office suite for lease in a retail center.
      4729 N Roan St, Johnson City, TN 37615
      View Details
    • $1.00 SF/Yr

      Interstate Accessible Land in Gray, TN

      Large acreage with visibility and access off Suncrest Drive.
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      View Details
    • $1,700 /Mo
      1,290 SF

      Boone Ridge Office Space Available

      Professional office space in convenient Boones Creek location.
      119 Boone Ridge Dr, Johnson City, TN 37615
      View Details
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    222 Old Gray Sta Rd
    Gray, TN 37615-3530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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