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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Banks
Hwy 11e Piney Flats, TN 37686
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-2386477
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1969
Total area
2,551 SF
Lot
278 ac (12,109,680 SF)
Zoning code
B-4
APN
082124O B 01700
UPID
US80-2386477
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Eastman Credit Union · 4 yrs held
Eastman Credit Union
since 2022
Last sale
$735,000
4 recorded transactions
Zoning & alternative use
B-4 · Piney Flats, TN
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 Piney Flats submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Piney Flats 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
Method
Estimation
Statistic approach
$725,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $735k (Apr 20 2022)
Last sale anchor
$735k
Apr 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$286 / SF
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
$200,160
Assessed 2023
Previous assessed
$200,160
+0.0% YoY
Assessed land
$108,520
Assessed improvement
$91,640
Land market value
$271,300
Improvement market value
$229,100
Total market value
$500,400
Applied tax rate
82.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1969
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
2,551 SF
Lot
278 ac (12,109,680 SF)
Zoning code
B-4
APN
082124O B 01700
UPID
US80-2386477
Jurisdiction
SULLIVAN
Zoning & alternative use
B-4 · Piney Flats, TN
Zoning B-4 · permitted uses
B-4 · Piney Flats, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Piney Flats. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
278 ac
Current owner
From public records · entity-resolved
Eastman Credit Union
Individual
Free & Clear · 4 yrs held
Mailing address
2021 MEADOWVIEW LN, KINGSPORT, TN 37660-7429
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
$735,000
Eastman Credit Union
William E Trivett JR
Warranty Deed
—
Aug 5, 2021
—
Michael D Brookshire
Michael D Brookshire
Intrafamily Transfer
related
—
Jan 4, 2007
—
Brookshire Joyce T Tr
Brookshire,joyce T
Quit Claim Deed
related
—
Oct 17, 2006
—
Joyce T Brookshire
Trivett Ruth S
Grant Deed
related
—
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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