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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Retail properties & Spaces
100 Hwy 31st E Private Ln 3 Bethpage, TN 37022-9031
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-1535129
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2014
Construction
FRAME
Total area
9,360 SF
Lot
1.47 ac (64,033 SF)
APN
083084 00700
UPID
US80-1535129
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
$1.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.39M
Owner & transaction history
L & P Enterprises II LLC · 5 yrs held
L & P Enterprises II LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+20.4%
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 Bethpage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethpage 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
$1,515,000
ML approach
$1,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,770,000
Current use
COMMERCIAL (GENERAL)
$2,130,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±10% · vs last sale $1.20M (Jul 22 2021)
Last sale anchor
$1.20M
Jul 22 2021
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
$149 / 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
$7,482
Tax year 2023
Assessed value
$332,240
Assessed 2023
Previous assessed
$332,240
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$67,040
Assessed improvement
$265,200
Land market value
$167,600
Improvement market value
$663,000
Total market value
$830,600
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
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
9,360 SF
Lot
1.47 ac (64,033 SF)
APN
083084 00700
UPID
US80-1535129
Jurisdiction
SUMNER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES Current
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
2014
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
L & P Enterprises II LLC
Entity
Free & Clear · 5 yrs held
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2021
$1,200,000
L & P Enterprises II LLC
Looper Limited Partnership
Special Warranty Deed
—
Sep 9, 2020
$31,500
John S Masters
Claude L Savely
Warranty Deed
$25,200 · Citizens Bank Of Lafayette
Nov 6, 2014
$1,191,786
LP Looper
Turner,montgomery G SR
Grant Deed
—
Mar 14, 2014
$150,000
Montgomery G Turner SR.
Earl R Clark
Warranty Deed
$892,000 · The Farmers Bank
Dec 19, 2011
$20,000
Shr Properties LLC
Hud-housing Of Urban Dev
Grant Deed
—
Feb 8, 2010
$136,204
Hud-housing Of Urban Dev
Wallace Shellie
Trustees Deed
related
—
Apr 5, 2000
$140,000
Sean S Scott
Patterson,johnny B & Frances J
Grant Deed
$138,957 · North American Mortgage
Apr 16, 1992
$51,000
Johnny B Patterson
Unknown
Grant Deed
—
Nov 19, 1990
$25,000
Dwight Joyce Munday
Unknown,
Grant Deed
—
—
—
Johnny B Patterson
—
Deed Of Trust
related
$26,490 · Advanta National Bank USA
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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