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Financial
Distress signals
Property profile

249 Neal Dr Blountville, TN 37617

FOR LEASE
Other warehouses
Property ID
US80-1225458
6,822 SF 0.62 ac lot Built 1981
Last sale Apr 2026 · $500,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-level commercial building located off Exit 69 of I-81 on a 0.62-acre lot, totaling 6,756 square feet and zoned for commercial use. The interior configuration combines office spaces, classrooms, and a warehouse area with a roll-up door. The layout is designed to allow division into approximately 2 to 4 smaller units and includes five exterior entries in addition to the roll-up door. There are four individual bathrooms, and one conference room is equipped with a kitchenette. The roof was…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$103k
Assessed land$13k
Assessed improvement$90k

Value estimate

· Oct 2026
$425k
$383k – $468k
AI approach$345k
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$3k
Operating expenses−$19k
NOI · 559,350.00% cap applied$45k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$53/SF
County average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$21 – $88
Qualifying comparables6

Cap rate analysis

How does the asset earn?
559,350.00%
$45k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A-1
These districts are designed to provide suitable areas for single family residential development located within a rural environment, resi...
General categoryRESIDENTIAL
JurisdictionSULLIVAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.8
Hair Salon9.1
Storage Facility9.1

Location

249 Neal Dr Blountville, TN 37617
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
490 Shipley Fry, Blountville, TN 37617-5020 $170,000 Mar 2023 4,560 SF
501 Buncombe, Blountville, TN 37617-6214 $100,000 Oct 2021 5,005 SF
2243 Hwy 75, Blountville, TN 37617-5840 $365,000 Oct 2020 6,340 SF
2179 Hwy 75, Blountville, TN 37617-5839 $119,000 May 2019 5,040 SF
2903 Hwy 11th W, Blountville, TN 37617-3608 $140,000 Feb 2019 5,478 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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