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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Drive through restaurants
4200 Stone Dr Kingsport, TN 37660-7252
Trust Owned
5-yr Hold
Free & Clear
Property ID
US80-1561188
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Construction
FRAME
Total area
3,270 SF
Lot
0.96 ac (41,818 SF)
Zoning code
B-3
APN
037022 07900
UPID
US80-1561188
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
-
Taco Bell Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.76M
Owner & transaction history
Waymire Family Living Trust · 5 yrs held
Waymire Family Living Trust
since 2021
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
B-3 · Kingsport, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(5) B-3, Highway Oriented Business District. For business activities dependent upon or motivated by access to the community's major highway system and often referred to as "strip commercial" development. Great care must be exercised to ensure that legitimate uses are permitted in a manner that does not, in turn, strangle and make unnecessarily dangerous the…
Zone name
Highway Oriented Business District
General category
COMMERCIAL
Zone area
2,801.62 ac
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
$1,520,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.89M (Jan 19 2021)
Last sale anchor
$1.89M
Jan 19 2021
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
$538 / 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
$409,480
Assessed 2023
Previous assessed
$409,480
+0.0% YoY
Assessed land
$158,200
Assessed improvement
$251,280
Land market value
$395,500
Improvement market value
$628,200
Total market value
$1,023,700
Applied tax rate
37.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2020
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,270 SF
Lot
0.96 ac (41,818 SF)
Zoning code
B-3
APN
037022 07900
UPID
US80-1561188
Jurisdiction
HAWKINS
Zoning & alternative use
B-3 · Kingsport, TNZoning B-3 · permitted uses
B-3 · Kingsport, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(5) B-3, Highway Oriented Business District. For business activities dependent upon or motivated by access to the community's major highway system and often referred to as "strip commercial" development. Great care must be exercised to ensure that legitimate uses are permitted in a manner that does not, in turn, strangle and make unnecessarily dangerous the major streets and highways that originally attracted them to such locations. (6) B-4P, Planned Business Development District. For planned business developments that are coordinated with adjacent activities. The purpose is to permit a more efficient, integrated and aesthetically pleasing environment than generally is the case in the other business zones. (7) BC, Business Conference Center District. As provided in division 9 of this article, for a range of activities such as, but not limited to, regional convention centers, employment based officers, commercial services, recreational facilities, educational uses and cultural events. (Code 1981, app. A, art. IV, § 5; Code 1998, § 114-185; Ord. No. 4498, § 1, 4-7-1998)
Zone name
Highway Oriented Business District
General category
COMMERCIAL
Zone area
2,801.62 ac
Building & site characteristics
From public records
Year built
2020
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Waymire Family Living Trust
Trust
Free & Clear · 5 yrs held
Mailing address
3750 CORPORATE WOODS DR, VESTAVIA, AL 35242-2207
Ownership since
2021
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
Jan 19, 2021
$1,890,120
Waymire Family Living Trust
Cgp Allendale Tb LLC
Grant Deed
—
May 19, 2020
$200,000
Cgp Allendale Tb LLC
Tacala Tennessee Corp
Grant Deed
$1,479,960 · Iberiabank
Jan 4, 2019
$175,000
Tacala Tennessee Corp
Begley Dev
Grant Deed
—
Sep 8, 2017
—
Begley Dev LLC
Brooks Family LP 2
Grant Deed
related
—
Apr 21, 2017
$66,000
Begley Dev LLC
Brooks Family LP 2
Grant Deed
—
Apr 1, 2009
—
Brooks Family LP 2
—
Trustees Deed
related
$200,000 · First Tennessee Bank National
Nov 7, 2003
$196,000
Lted Brooks
Dykes,wesley M
Grant Deed
—
—
—
Brooks Family LP 2
—
Loan Modification
related
$200,000 · First Tn Bk
—
—
Begley Dev LLC
—
Loan Modification
related
—
—
—
Brooks Family LP 2
—
Deed Of Trust
related
$200,000 · First Tennessee Bank National
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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