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Property profile & analytics
OFF-MARKET
Commercial real estate
Hawkins Ave Church Hill, TN 37642
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2272071
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1963
Total area
1,392 SF
Lot
1.16 ac (50,530 SF)
Zoning code
B-3
APN
037032O C 00100 001
UPID
US80-2272071
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
Nekuri LLC · 2 yrs held
Nekuri LLC
since 2023
Last sale
$370,000
1 recorded transaction
Zoning & alternative use
B-3 · Church Hill, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1994) Section E. Mobile Home Park District (R-5) (Amen ded by Ord. No. 257, 02/15/1994) Section F. Neighborhood Business Districts (B-1) Section G. Central Business District (B-2) Section H. Arterial Business Districts (B-3) Section I. Industrial Districts (M-1) (As amend ed by Ord. No. 274, 04/06/1995) Section J. Floodway District (F-1) 11-408. Area, yard,…
Zone name
Arterial Business
General category
COMMERCIAL
Zone area
402.30 ac
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 Church Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Church Hill 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
$48,800
Assessed 2023
Previous assessed
$48,800
+0.0% YoY
Assessed land
$45,440
Assessed improvement
$3,360
Land market value
$113,600
Improvement market value
$8,400
Total market value
$122,000
Applied tax rate
37.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,392 SF
Lot
1.16 ac (50,530 SF)
Zoning code
B-3
APN
037032O C 00100 001
UPID
US80-2272071
Jurisdiction
HAWKINS
Zoning & alternative use
B-3 · Church Hill, TNZoning B-3 · permitted uses
B-3 · Church Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1994) Section E. Mobile Home Park District (R-5) (Amen ded by Ord. No. 257, 02/15/1994) Section F. Neighborhood Business Districts (B-1) Section G. Central Business District (B-2) Section H. Arterial Business Districts (B-3) Section I. Industrial Districts (M-1) (As amend ed by Ord. No. 274, 04/06/1995) Section J. Floodway District (F-1) 11-408. Area, yard, and height requirements. Church Hill Zoning Ordinance 2 11-409. Exceptions and modi
Zone name
Arterial Business
General category
COMMERCIAL
Zone area
402.30 ac
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Bathrooms
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Nekuri LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2520 RIVERMONT CIR, KINGSPORT, TN 37660-2391
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2023
$370,000
Nekuri LLC
Kenneth Kitchings JR
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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