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Property profile & analytics
OFF-MARKET
Retail space
3213 Hanover Rd Johnson City, TN 37604-1463
Entity Owned
Free & Clear
Property ID
US80-2854218
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
FRAME
Total area
5,700 SF
Lot
100 ac (4,356,000 SF)
Zoning code
B1
APN
037F A 00300
UPID
US80-2854218
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
-
Advanced Video Services Photography Service (Bike/Boat/Book/etc) Store
-
East Tennessee Health and Performance Gym & Fitness 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
Cc Asset Masagement Group
Cc Asset Masagement Group
since 2025
7 recorded transactions
Zoning & alternative use
B1 · Johnson City, TN
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 Johnson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnson 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
Property tax & assessments
Assessed value
$136,920
Assessed 2023
Previous assessed
$136,920
+0.0% YoY
Assessed land
$44,640
Assessed improvement
$92,280
Land market value
$111,600
Improvement market value
$230,700
Total market value
$342,300
Applied tax rate
90.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
5,700 SF
Lot
100 ac (4,356,000 SF)
Zoning code
B1
APN
037F A 00300
UPID
US80-2854218
Jurisdiction
WASHINGTON
Zoning & alternative use
B1 · Johnson City, TNZoning B1 · permitted uses
B1 · Johnson City, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning
Building & site characteristics
From public records
Year built
1994
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
100 ac
Current owner
From public records · entity-resolved
Cc Asset Masagement Group
Entity
Free & Clear · 0 yrs held
Mailing address
4128 FT HENRY DR STE D, KINGSPORT, TN 37663-2260
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2025
—
Cc Asset Masagement Group
Edward Monelock
Quitclaim Deed
related
—
May 3, 2018
—
Edward K Morelock
Morelock,ruth E
Quit Claim Deed
related
—
Sep 21, 2012
$280,000
Edward K Morelock
Willingham Glenda S Trust
Warranty Deed
$280,000 · Kenneth W & Glenda S Willingham
Mar 18, 2005
—
Willingham Glenda S Trust
Willingham,kenneth W
Quit Claim Deed
related
—
May 19, 2003
$145,000
First Horizon Home Loan Corp
Foster,gordon D
Grant Deed
related
—
Dec 17, 1993
$46,000
Kenneth W Willingham
Unknown
Grant Deed
—
Jan 16, 1990
$40,000
Vicki D Shell
Unknown,
Grant Deed
—
Jun 16, 1988
$161
Tittle,& Tittle
Unknown,
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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