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Property profile & analytics
OFF-MARKET
Office Spaces
312 Main St Mountain City, TN 37683-1312
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3221484
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1951
Construction
WOOD
Total area
936 SF
Lot
36 ac (1,568,160 SF)
APN
046041P D 03800
UPID
US80-3221484
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
-
Mountain City Alternative Health Medical Clinic Alternative Medicine Practice
-
Massage in the Mountains, a Therapeutic Mini Spa Alternative Medicine Practice Spa & Massage Center
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 Oliver · 7 yrs held
David Oliver
since 2019
4 recorded transactions
Zoning & alternative use
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 Mountain City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain 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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$967
Tax year 2022
Assessed value
$34,280
Assessed 2023
Previous assessed
$34,280
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$7,240
Assessed improvement
$27,040
Land market value
$18,100
Improvement market value
$67,600
Total market value
$85,700
Applied tax rate
46.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1951
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
0
Total area
936 SF
Lot
36 ac (1,568,160 SF)
APN
046041P D 03800
UPID
US80-3221484
Jurisdiction
JOHNSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
36 ac
Current owner
From public records · entity-resolved
David Oliver
Individual
Mailing address
4110 JOINES RD, CRESTON, NC 28615-8915
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2019
$83,000
David Oliver
Heisey,mark A & Eulita A
Grant Deed
$73,000 · Mark A & Eulita Heisey
Jul 3, 2018
$8,500
Heisey Josiah M D
Heisey,mark A & Eulita A
Grant Deed
related
—
Dec 16, 2008
—
Heisey,mark A & Eulita A
—
Trustees Deed
related
$76,000 · Farmers St Bk W Concord
Jan 7, 2008
$85,000
Heisey,mark A & Eulita A
Blevins,mildred R
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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