Technical
Financial
Distress signals
Property profile

541 Sid Martin Rd Gray, TN 37615

OFF-MARKET
Office Spaces
Property ID
US80-1595215
78,006 SF 9.8 ac lot Built 1972
Individually Owned Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 78,006 SF
Lot 9.8 ac (426,888 SF)
Zoning code I-1
APN 012 06500
UPID US80-1595215

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

541 Sid Martin Rd Gray, TN 37615-6210
Gray metro Census 61500 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.25M
Blend (final) Blend
$6.00M

Owner & transaction history

since 2026
Last sale
$6.0M
6 recorded transactions
2026
$157,926
2026
Price N/A
2025
Price N/A
2024
$6.0M
2024
Price N/A
2023
Price N/A

Zoning & alternative use

I-1 · Gray, TN
Top alternative use upside
Retail stores $7.6M +7.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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