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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Grocery and convenience stores
100 Anderson Ln Hendersonville, TN 37075-6911
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-0533468
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Total area
4,712 SF
Lot
1.96 ac (85,378 SF)
Zoning code
GCS
APN
083159J A 03700
UPID
US80-0533468
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
-
Exxon Gas Station
-
Little Cancun on the go Exp Restaurant
-
Western Union Bank Credit Union
-
Tiger Market Grocery & Convenience Store
-
ATM (Tiger Market) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.76M
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$2.75M
Owner & transaction history
Louise C Cline · 5 yrs held
Louise C Cline
since 2021
Last sale
$3.7M
3 recorded transactions
Zoning & alternative use
GCS · Hendersonville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+52.9%
Medical building
$1.7M
+47.2%
Commercial (general)
$1.7M
+46.3%
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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$2,775,000
ML approach
$2,755,000
CAP Approach
CAP Return
Estimation
6%
$1,790,000
6.5%
$1,655,000
7%
$1,535,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,800,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$1,735,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,725,000
Change: +46% · Conversion: Easy
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $3.70M (Jul 1 2024)
Last sale anchor
$3.70M
Jul 1 2024
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
$584 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,178
Tax year 2023
Assessed value
$728,720
Assessed 2023
Previous assessed
$728,720
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$443,320
Assessed improvement
$285,400
Land market value
$1,108,300
Improvement market value
$713,500
Total market value
$1,821,800
Applied tax rate
83.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
4,712 SF
Lot
1.96 ac (85,378 SF)
Zoning code
GCS
APN
083159J A 03700
UPID
US80-0533468
Jurisdiction
SUMNER
Zoning & alternative use
GCS · Hendersonville, TN
Zoning GCS · permitted uses
GCS · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.96 ac
Current owner
From public records · entity-resolved
Louise C Cline
Individual
Free & Clear · 5 yrs held
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
$2,196,000
Louise C Cline
Lyle Finley
Special Warranty Deed
—
Oct 13, 2010
$1,452,000
Finley Lyle Pourover Trust
Jdn Realty Corp
Warranty Deed
—
Sep 9, 1999
$489,900
Jdn Realty Corp
Jdn Development Co INC
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.
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