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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office Spaces
5351 Ft Henry Dr Kingsport, TN 37663-3750
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-0438523
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Total area
6,000 SF
Lot
2.1 ac (91,476 SF)
APN
082107 12100
UPID
US80-0438523
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
-
SERVPRO of Kingsport/Bristol Hardware & Home Improvement Construction Company
-
Premier Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$595k
Owner & transaction history
Brjs LLC · 7 yrs held
Brjs LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$780,000
+94.0%
Retail stores
$445,000
+11.3%
Auto repair, garage
$440,000
+9.0%
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
by Request
ML approach
$365,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$400,000
Current use
MEDICAL BUILDING
$780,000
Change: +94% · Conversion: Easy
RETAIL STORES
$445,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$440,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$99 / 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
$225,320
Assessed 2023
Previous assessed
$198,680
+13.4% YoY
Assessed land
$25,440
Assessed improvement
$199,880
Land market value
$63,600
Improvement market value
$499,700
Total market value
$563,300
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
1999
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Units
1
Bathrooms
3
Total area
6,000 SF
Lot
2.1 ac (91,476 SF)
APN
082107 12100
UPID
US80-0438523
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$400,000
MEDICAL BUILDING
Est. value
$780,000
RETAIL STORES
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$440,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
3
Lot
2.1 ac
Current owner
From public records · entity-resolved
Brjs LLC
Entity
Mailing address
5351 FT HENRY DR, KINGSPORT, TN 37663-3750
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
—
B R J S LLC
—
Deed
related
$44,000 · Powell Valley National Bank
Dec 12, 2018
$425,000
Brjs LLC
Billings,donald E & Mary W
Warranty Deed
$415,000 · Donald E & Mary W Billings
Sep 28, 2010
$354,750
Donald E Billings
State Of Franklin Bk
Warranty Deed
—
May 25, 2010
$546,233
State Of Franklin Bk
Owner,record
Warranty Deed
related
—
Dec 23, 2003
—
Penny L Blevins
Blevins,richard
Quit Claim Deed
related
—
—
—
Brjs LLC
—
Deed Of Trust
related
$367,776 · Powell Vly Nat'l Bk
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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