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Property profile & analytics
FOR SALE
Retail space
354 Shadowtown Rd, Blountville, TN 37617
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1987080
For Sale
1 / 9
$1,500,000
354 Shadowtown Rd, Blountville, TN 37617
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
51,500 SF
Lot
10.03 ac (436,907 SF)
Zoning code
PMD
APN
082064 13850
UPID
US80-1987080
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
-
Design Build Construction LLC Construction Company General Contractor
-
Blountville RV Storage Storage Facility
-
Right Way Marketing LLC Advertising Agency Marketing & Advertising
-
Tri-Cities Cinema 7 Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.41M
Owner & transaction history
Larkspur Kingsport LLC · 5 yrs held
Larkspur Kingsport LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
PMD · Blountville, 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 Blountville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blountville 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
Method
Estimation
Statistic approach
$1,095,000
ML approach
$1,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.16M (Oct 27 2020)
Last sale anchor
$1.16M
Oct 27 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$27 / SF
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
$216,600
Assessed 2023
Previous assessed
$494,640
-56.2% YoY
Assessed land
$148,760
Assessed improvement
$67,840
Land market value
$371,900
Improvement market value
$169,600
Total market value
$541,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1990
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
22
Total area
51,500 SF
Lot
10.03 ac (436,907 SF)
Zoning code
PMD
APN
082064 13850
UPID
US80-1987080
Jurisdiction
SULLIVAN
Zoning & alternative use
PMD · Blountville, TN
Zoning PMD · permitted uses
PMD · Blountville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blountville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
22
Lot
10.03 ac
Current owner
From public records · entity-resolved
Larkspur Kingsport LLC
Entity
Free & Clear · 5 yrs held
Mailing address
10800 BISCAYNE BLVD STE #300, MIAMI, FL 33161-7807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Larkspur Kingsport LLC
—
Deed
related
$1,500,000 · Cornerstone Commercial Mortgages LLC
Oct 27, 2020
$1,155,000
Larkspur Kingsport LLC
Pasquale Desantis
Grant Deed
—
Dec 2, 2005
$3,200,000
Pasquale Desantis
C P G Deleware LLC
Grant Deed
—
Oct 18, 2001
$2,171,111
Delaware Cpg
Kpt Prop
Grant Deed
—
Dec 19, 1997
$16,737,600
Fac Properties LP
—
Grant Deed
related
—
Apr 13, 1994
$8,186,000
Factory Stores Of America
Unknown,
Grant Deed
$5,720,000 · Bank One NA
Dec 30, 1993
$85,100
Tri-cities Partners
Unknown
Grant Deed
—
May 3, 1993
$85,100
Factory Stores Of America
Unknown,
Grant Deed
—
Aug 3, 1992
$85,100
C L Quesenberry
Unknown,
Grant Deed
—
Apr 11, 1990
$1,222,631
Outlet Development Corp
Unknown,
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.
Try Rey
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