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Property profile & analytics
OFF-MARKET
Office Spaces
414 Shelby St Kingsport, TN 37660-3620
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-1958108
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1918
Total area
1,576 SF
Lot
32 ac (1,393,920 SF)
APN
082046I B 02100
UPID
US80-1958108
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
-
The Cave Law Firm, PLLC Law Firm
-
Baker Gregory J Law Firm
-
Law Office of Michael May & Randy Fleming Law Firm
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
Jonathan S Cave · 6 yrs held
Jonathan S Cave
since 2019
7 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 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
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
$34,040
Assessed 2023
Previous assessed
$34,040
+0.0% YoY
Assessed land
$8,080
Assessed improvement
$25,960
Land market value
$20,200
Improvement market value
$64,900
Total market value
$85,100
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1918
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,576 SF
Lot
32 ac (1,393,920 SF)
APN
082046I B 02100
UPID
US80-1958108
Jurisdiction
SULLIVAN
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
1918
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
32 ac
Current owner
From public records · entity-resolved
Jonathan S Cave
Individual
Mailing address
102 ANDREW JOHNSON DR, GREENEVILLE, TN 37743-5510
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2019
$92,500
Jonathan S Cave
Gary W Adams
Warranty Deed
$78,625 · Heritage Cmnty Bk
Mar 18, 2010
—
Gary W Adams
Adams,gary W & Michael M
Quit Claim Deed
—
Jan 8, 2009
—
Gary W Adams
Adams,gary W
Quit Claim Deed
related
—
Jun 25, 2008
—
Gary W Adams
Adams,gary W & Michael M
Quit Claim Deed
related
—
Feb 28, 2008
—
Gary W Adams
Adams,gary W
Quit Claim Deed
related
—
Jan 8, 2007
—
Gary W Adams
Scott,timothy
Grant Deed
related
—
May 25, 2005
$85,000
Timothy Scott
Peters,thomas A
Grant Deed
—
Mar 28, 1991
$60,500
Peters Thomas A
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.
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