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Property profile & analytics
OFF-MARKET
Office Spaces
518 Elk Ave Elizabethton, TN 37643-3313
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0300995
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1925
Total area
5,150 SF
Lot
50 ac (2,178,000 SF)
APN
010041F C 02700
UPID
US80-0300995
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 Tea Spot at August Muse Restaurant Cafe & Coffee Shop
-
Dance Store at August Muse Dance Store
-
Music Store at August Muse (Bike/Boat/Book/etc) Store
-
August Muse Dance Store Art Gallery
-
Appalachian Irish Dance Company Training Center
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
Tracie E Mosley · 5 yrs held
Tracie E Mosley
since 2020
Last sale
$179,000
5 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 Elizabethton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabethton 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
$88,440
Assessed 2023
Previous assessed
$73,120
+21.0% YoY
Assessed land
$11,840
Assessed improvement
$76,600
Land market value
$29,600
Improvement market value
$191,500
Total market value
$221,100
Applied tax rate
10.0000
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
1925
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
5,150 SF
Lot
50 ac (2,178,000 SF)
APN
010041F C 02700
UPID
US80-0300995
Jurisdiction
CARTER
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
1925
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
50 ac
Current owner
From public records · entity-resolved
Tracie E Mosley
Individual
Mailing address
520 E ELK AVE, ELIZABETHTON, TN 37643-3313
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2025
—
Tracie E Mosley
—
Deed
related
$65,000 · Bank Of Tennessee
Dec 30, 2020
$179,000
Tracie E Mosley
Gary Gentry
Warranty Deed
$196,851 · Bank Of Tennessee
May 5, 2009
$125,000
Gary Gentry
Jones,jolene
Warranty Deed
$100,000 · Elizabethton Fsb 01
Oct 11, 2004
$118,604
Harry Jones
Jones,brian E
Warranty Deed
related
—
Jul 17, 1989
$126,000
Brian E Jones
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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