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Financial
Distress signals
Property profile

5029 Bobby Hicks Hwy Gray, TN 37615

OFF-MARKET
Drive through restaurants
Property ID
US80-1640100
3,567 SF 194 ac lot Built 1988
Last sale Apr 2025 · $2,775,144
Trust Owned Owner of record is a trust. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$340k
Assessed land$155k
Assessed improvement$184k

Value estimate

· Oct 2026
$1.99M
$1.79M – $2.18M
AI approach$2.42M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$279/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$109 – $438
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
It is the intent of this district to encourage commercial development to concentrate to the mutual advantage of consumers and at the same...
General categoryCOMMERCIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.0
Auto Parts Store9.8
Kitchen & Bath9.6

Location

5029 Bobby Hicks Hwy Gray, TN 37615-6209
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1106 Spratlin Park, Gray, TN 37615-3199 $1,677,484 Jun 2025 2,555 SF
4707 Roan, Gray, TN 37615-3880 $1,225,000 Nov 2023 4,878 SF
2700 Boones Crk, Johnson City, TN 37615-4623 $1,785,000 Feb 2022 2,781 SF
5357 Kingsport, Johnson City, TN 37615-2691 $435,000 Dec 2020 4,186 SF
5575 Bobby Hicks, Gray, TN 37615-3195 $675,000 Feb 2020 4,060 SF
401 Roy Martin, Gray, TN 37615-2541 $725,000 Feb 2020 4,276 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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