Financial
Distress signals
Property profile

110 W Third Ave Carthage, TN 37030

FOR SALE
Retail space
Property ID
US80-0833528
8,528 SF 0.07 ac lot Built 1930
Last sale Sep 2020 · $295,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,388 square foot mixed-use property in Carthage, TN, presents a unique investment opportunity. Located on a 0.07-acre lot at 110 Third Ave W, the building seamlessly blends a thriving event space with a luxurious residential loft. The ground floor encompasses a fully equipped event venue, perfect for weddings, corporate functions, or private parties. It boasts a modern commercial kitchen, a sophisticated sound system, an inviting bar/lounge area, and a spacious event hall

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$106k
Assessed land$10k
Assessed improvement$96k

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$275k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$13k
Operating expenses−$44k
NOI · 9.09% cap applied$73k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$41 – $120

Cap rate analysis

How does the asset earn?
9.09%
$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
Within the C-1 Central Commercial District, as shown on the Official Carthage Zoning Map, the following regulations shall apply: 11-504.2...
General categoryCOMMERCIAL
JurisdictionSMITH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.7
Wholesale Shop9.4
Bakery8.9

Location

110 W Third Ave Carthage, TN 37030
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
374 Cookeville, Carthage, TN 37030-1843 $126,100 Jul 2024 5,017 SF
308 Main N, Carthage, TN 37030-1208 $1,250,000 Jul 2023 7,908 SF
410 Cookeville, Carthage, TN 37030-1844 $1,529,394 Mar 2022 10,792 SF
105 Eatherly Lndg, Carthage, TN 37030-1650 $400,000 Jan 2022 8,758 SF
316 Main N, Carthage, TN 37030-1208 $188,500 Jul 2021 5,000 SF
124 3rd W, Carthage, TN 37030-1233 $45,000 Sep 2020 6,660 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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