Property profile

5953 Hwy 11th E Piney Flats, TN 37686

OFF-MARKET
Commercial real estate
Property ID
US80-0961684
15,036 SF 1.96 ac lot Built 2005
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,036 SF
Lot 1.96 ac (85,378 SF)
Zoning code R-1
APN 082124 04100
UPID US80-0961684

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cinema (Bike/Boat/Book/etc) Store

Location

5953 Hwy 11th E Piney Flats, TN 37686-4762
Piney Flats metro Census 43302 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.77M
CAP Approach CAP
$2.03M
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$2.79M

Owner & transaction history

since 2022
Last sale
$3.1M
3 recorded transactions
2022
$3.1M
2004
$1.1M
1993
$84,000

Zoning & alternative use

R-1 · Piney Flats, TN
Top alternative use upside
Medical building $2.0M +43.3%

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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