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Property profile & analytics
OFF-MARKET
Office Spaces
707 Elk Ave Elizabethton, TN 37643-2289
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-2604063
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1927
Total area
6,840 SF
Lot
38 ac (1,655,280 SF)
APN
010041C E 03800
UPID
US80-2604063
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
-
Cuttin Loose Hair Salon Nail Salon
-
10X Prosperity, LLC Training Center
-
Hair by Danielle Hair Salon
-
Stillwater Financial, LLC Financial Advisor
-
Tennessee Bonding Company - Elizabethton and Carter County Law Firm
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
Michael Birdwell
Michael Birdwell
since 2026
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
$70,480
Assessed 2023
Previous assessed
$70,480
+0.0% YoY
Assessed land
$8,440
Assessed improvement
$62,040
Land market value
$21,100
Improvement market value
$155,100
Total market value
$176,200
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
1927
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
6,840 SF
Lot
38 ac (1,655,280 SF)
APN
010041C E 03800
UPID
US80-2604063
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
1927
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
38 ac
Current owner
From public records · entity-resolved
Michael Birdwell
Individual
Mailing address
357 BOONESBORO RD, JOHNSON CITY, TN 37615-4206
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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 30, 2026
$540,000
Michael Birdwell
Magnolia Manor Properties LLC
Warranty Deed
$462,000 · Consumer Cu
Nov 12, 2020
—
Tony Davenport
—
Deed
related
$300,000 · Citizens Bk
Apr 1, 2016
$159,900
Tawnya Lee Davenport
Ron Hensley
Warranty Deed
$45,000 · Ron Hensley Of Elizabethton Tennessee
—
—
Tony Davenport
—
Deed Of Trust
related
$300,000 · Citizens Bk
—
—
Ron Hensley
—
Deed Of Trust
related
$90,000 · Hamilton Bank NA
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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