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Property profile & analytics
OFF-MARKET
Warehouses
614 We St Elizabethton, TN 37643-2556
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-2539889
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1925
Total area
2,925 SF
Lot
50 ac (2,178,000 SF)
APN
010041F A 02400
UPID
US80-2539889
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
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
Made Out Of Nonsense Lllp · 2 yrs held
Made Out Of Nonsense Lllp
since 2023
Last sale
$160,000
7 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
$28,280
Assessed 2023
Previous assessed
$28,280
+0.0% YoY
Assessed land
$8,000
Assessed improvement
$20,280
Land market value
$20,000
Improvement market value
$50,700
Total market value
$70,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1925
Heating
YES
Stories
1
Units
1
Bathrooms
0
Total area
2,925 SF
Lot
50 ac (2,178,000 SF)
APN
010041F A 02400
UPID
US80-2539889
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
Stories
1
Units
1
Bathrooms
0
Lot
50 ac
Current owner
From public records · entity-resolved
Made Out Of Nonsense Lllp
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
$160,000
Made Out Of Nonsense Lllp
Donald P Sorell
Warranty Deed
$136,000 · Bank Of Tennessee
Aug 25, 2022
$129,000
Donald P Sorrell
Michael Manuel
Warranty Deed
$109,650 · Bank Of Tennessee
Aug 20, 2007
—
Michael Manuel
H & S Hunting Partnership
Quit Claim Deed
related
$255,000 · Creative Fin'l Svcs Tampa Bay
Jan 31, 2006
—
H Ptshp
—
Trustees Deed
related
$75,000 · New Peoples Bank INC
Jan 13, 2006
—
H Ptshp
—
Trustees Deed
related
$75,000 · New Peoples Bank INC
Sep 15, 2005
$150,000
H Ptshp
Nunley,william R & Jewel T
Warranty Deed
$138,307 · New Peoples Bank INC
Aug 18, 1988
$23,000
Jewel T Nunley
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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