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Property profile & analytics
OFF-MARKET
Office Spaces
Elk Ave Elizabethton, TN 37643
Entity Owned
~
Est. High Equity
Property ID
US80-0766960
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1927
Total area
1,801 SF
Lot
33 ac (1,437,480 SF)
APN
010041F A 03801
UPID
US80-0766960
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
Ridge Properties I LLC
Ridge Properties I LLC
since 2026
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
Improvement market value
$65,600
Total market value
$65,600
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
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,801 SF
Lot
33 ac (1,437,480 SF)
APN
010041F A 03801
UPID
US80-0766960
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
1
Lot
33 ac
Current owner
From public records · entity-resolved
Ridge Properties I LLC
Entity
Mailing address
311 HOLLY LN, ELIZABETHTON, TN 37643-2640
Mailing matches property
Yes
Owner-occupied
Yes
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
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2026
$1,327,731
Ridge Properties I LLC
Store Master Funding Vii LLC
Special Warranty Deed
$500,000 · Sullivan Bank
Jan 9, 2026
—
Bradley W Mcvey
—
Deed
related
$735,000 · Citizens Bank
May 30, 2025
$725,000
Rashmikant Patel
Total Properties LLC
Warranty Deed
—
Aug 28, 2024
$250,000
Kem A Richardson
Charles Green
Warranty Deed
—
Aug 21, 2023
—
Charles Green
North American Corporation
Quitclaim Deed
related
—
May 23, 2023
$36,248
Mgp Properties LLC
Andrew J Laporte
Deed
—
May 23, 2023
$14,598
Mgp Properties LLC
Carter County
Deed
—
May 12, 2023
—
Stowaway Storage 18 LLC
—
Deed
related
$4,800,000 · First Horizon Bank
Nov 23, 2022
—
Robert W Glover
Robert W Glover
Deed
related
—
Aug 29, 2022
$276,000
Mountain States Health Alliance
Mountain States Health Alliance
Warranty Deed
related
—
May 10, 2022
$317,000
Watauga Property Group
Community First Bank
Warranty Deed
$449,582 · Bank Of Tennessee
Apr 20, 2022
—
Zaxbys Properties LLC
M&t Development LLC
Warranty Deed
—
Sep 29, 2021
—
Trigg & Trigg Holding Gp
—
Deed
related
$3,450,000 · First Horizon Bank
Jun 18, 2021
—
Deborah C Gardner
Deborah C Gardner
Deed
related
—
May 28, 2021
$125,000
Andrew Mckeehan
Elizabethton Holdings INC
Warranty Deed
$100,000 · Farmers State Bank
Mar 18, 2021
$24,687
Mei Elizabethtown 15 LLC
M&r Acqusitions LLC
Trust Deed
related
—
May 29, 2020
—
Red Legacy Recovery
Area Alcohol Cross-roads
Quit Claim Deed
related
—
Apr 29, 2020
—
Jason Blevins
—
Deed
related
$345,600 · Security Fed'l Bk
Oct 31, 2019
—
Charles Green
North American Research Dev Co
Quitclaim Deed
related
—
Oct 11, 2019
$288,840
Security Fedl Bk
Kathryn Hampton Bill|dugger-edwards
Trust Deed
related
—
Mar 4, 2019
$85,000
Free Reign Farm LLC
Hlh Family LLC
Warranty Deed
$60,000 · Eugene Hixon Banks
Aug 15, 2018
—
Trigg & Trigg Holding Gp
—
Deed
related
$2,677,069 · First Tn Bk
Apr 25, 2018
$65,000
Tayler N Nidiffer
Lance Williams
Warranty Deed
—
Nov 3, 2017
$175,000
Larry W Winchester
Hyder,jim C & Adeline R
Warranty Deed
$128,416 · Carter Cnty Bk
Sep 18, 2017
—
Hlh Family LLC
Hampton Peter W Family Trust
Quitclaim Deed
related
—
Sep 15, 2017
$42,750
Hlh Family LLC
Hampton,eleanor
Quitclaim Deed
related
—
Feb 1, 2017
—
James D Cannon
—
Deed
related
$227,600 · Elizabethton Fsb
Jun 7, 2016
—
Riverview Investments
—
Grant Deed
related
$3,420,000 · Peoples Cmnty 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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