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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Grocery and convenience stores
4121 Ft Henry Dr Kingsport, TN 37663-2224
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1494459
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1996
Total area
2,325 SF
Lot
160 ac (6,969,600 SF)
Zoning code
B-4
APN
082092G C 05400
UPID
US80-1494459
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
-
Marathon Gas Andys market Grocery & Convenience Store
-
Andys Market Grocery & Convenience Store
-
DigitalMint Bitcoin ATM Bank Credit Union
-
Hunt Brothers Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
737 Bliss LLC · 4 yrs held
737 Bliss LLC
since 2022
Last sale
$550,000
3 recorded transactions
Zoning & alternative use
B-4 · Kingsport, 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 Kingsport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsport 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
$565,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $550k (Mar 2 2022)
Last sale anchor
$550k
Mar 2 2022
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
$239 / 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
$206,720
Assessed 2023
Previous assessed
$206,720
+0.0% YoY
Assessed land
$99,120
Assessed improvement
$107,600
Land market value
$247,800
Improvement market value
$269,000
Total market value
$516,800
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1996
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
2,325 SF
Lot
160 ac (6,969,600 SF)
Zoning code
B-4
APN
082092G C 05400
UPID
US80-1494459
Jurisdiction
SULLIVAN
Zoning & alternative use
B-4 · Kingsport, TN
Zoning B-4 · permitted uses
B-4 · Kingsport, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingsport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
160 ac
Current owner
From public records · entity-resolved
737 Bliss LLC
Entity
Mailing address
4121 FT HENRY DR, KINGSPORT, TN 37663-2224
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
—
737 Marketing LLC
—
Deed
related
$1,664,960 · New Peoples Bank INC
Mar 2, 2022
$550,000
737 Bliss LLC
R Allen Johnson
Warranty Deed
$440,000 · New Peoples Bank INC
Sep 21, 1994
—
Doris S Etal Kilday
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.
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