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Property profile & analytics
OFF-MARKET
Commercial land
Sycamore Ave Elizabethton, TN 37643
Entity Owned
16-yr Hold
Free & Clear
Property ID
US80-0587670
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1930
Total area
1,974 SF
Lot
150 ac (6,534,000 SF)
Zoning code
B2
APN
010041F F 01200
UPID
US80-0587670
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Redi-mart Tobacco LLC · 16 yrs held
Redi-mart Tobacco LLC
since 2009
6 recorded transactions
Zoning & alternative use
B2 · Elizabethton, 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 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
$12,800
Assessed 2023
Previous assessed
$12,800
+0.0% YoY
Assessed land
$12,800
Land market value
$32,000
Total market value
$32,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1930
Heating
YES
Cooling
YES
Stories
2
Bathrooms
2
Total area
1,974 SF
Lot
150 ac (6,534,000 SF)
Zoning code
B2
APN
010041F F 01200
UPID
US80-0587670
Jurisdiction
CARTER
Zoning & alternative use
B2 · Elizabethton, TN
Zoning B2 · permitted uses
B2 · Elizabethton, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elizabethton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
150 ac
Current owner
From public records · entity-resolved
Redi-mart Tobacco LLC
Entity
Free & Clear · 16 yrs held
Mailing address
109 ROWELAND DR, JOHNSON CITY, TN 37601-3832
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2009
$70,000
Redi-mart Tobacco LLC
Buell,richard R & Patricia L
Warranty Deed
—
Jul 31, 1996
$36,000
Richard Buell
Robinson,investm
Grant Deed
$58,233 · Citizens Federal Bank Fsb
May 21, 1993
$21,500
Robinson Investments INC
Unknown,
Grant Deed
—
Apr 21, 1993
$21,500
Robinson Investments INC
Unknown
Grant Deed
—
Apr 3, 1992
$16,000
Mack A Presnell SR
Unknown,
Grant Deed
—
Mar 2, 1990
$18,500
Robinson Investments
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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