Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    102 Ct Sq Waverly, TN 37185-2113
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    102 Ct Sq Waverly, TN 37185-2113

    View on Map
    • Office properties & Spaces
    • 1,040 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US80-0303010
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Volunteer Title / Insurance Agency
    • Porch Peeler Williams Thomason / Law Firm / Insurance Agency
    • Harrell Tracy Lynn / Law Firm
    • FedEx Drop Box / Shipping Company / Freight Service

    Property Details for 102 Ct Sq

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.04 lot acres
    Property size
    1,040 SF
    Property type
    Office properties & Spaces
    APN
    043064H S 01400
    APU
    043064HS01400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waverly
    County
    Humphreys
    State
    Tennessee
    Longitude
    -87.7946
    Latitude
    36.0824

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,087
    $3,360
    $32,320
    $35,680
    -
    $8,400
    $80,800
    $89,200

    Comparable in this City

    • Value Estimation by Request
      2,571 SF

      650 Sawmill Ln

      OFFICE (GENERAL) • 2,571 SF
      650 Sawmill Ln, Waverly, TN 37185-3252
      View Details
    • Value Estimation by Request
      7,493 SF

      113 Main St

      OFFICE (GENERAL) • 7,493 SF
      113 Main St, Waverly, TN 37185-1508
      View Details
    • Value Estimation by Request
      2,575 SF

      198 Clydeton Rd

      OFFICE (GENERAL) • 2,575 SF
      198 Clydeton Rd, Waverly, TN 37185-2131
      View Details
    • Value Estimation by Request
      4,108 SF

      210 Holly Ln

      OFFICE (GENERAL) • 4,108 SF
      210 Holly Ln, Waverly, TN 37185-3283
      View Details
    • Value Estimation
      $775,000
      9,228 SF

      101 Main St

      OFFICE (GENERAL) • 9,228 SF
      101 Main St, Waverly, TN 37185-1560
      View Details
    • Value Estimation by Request
      3,760 SF

      102 Main St

      OFFICE (GENERAL) • 3,760 SF
      102 Main St, Waverly, TN 37185-1509
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,864 SF

      Mixed-Use Retail/Office/Industrial Opportunity

      6,864 SqFt mixed-use property suitable for retail, office, or industrial.
      201 Willow Ave, Waverly, TN 37185
      View Details
    • $185,000
      2,160 SF

      Commercial Building in Waverly

      Commercial building with high potential in a central location.
      302 W Main St, Waverly, TN 37185
      View Details
    • $39,900
      1.24 Acres

      Waverly Vacant Lot in Gated Community

      1.24 acre lot in gated lake community.
      Sunset Rdg, Waverly, TN 37185
      View Details
    • $39,900

      Kentucky Lake Land with Access

      2.5 acres near Kentucky Lake with dock and ramp access.
      1 Doverdale Rd, Waverly, TN 37185
      View Details
    • Contact for pricing

      Highway 70 West Commercial Property

      Prime commercial property on Highway 70 West in Waverly, Tennessee.
      1416 Highway 70 W, Waverly, TN 37185
      View Details
    • $199,995
      41.00 Acres

      Waverly, TN 41-Acre Land

      41-acre tract in Waverly, TN, ideal for homesite or hunting.
      Bear Creek Rd, Waverly, TN 37185
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,288 SF

      Retail Space in Waverly, TN

      Retail space available in Waverly Shopping Center.
      515 W Main St, Waverly, TN 37185
      View Details
    • Contact for pricing

      Retail Space in Waverly, TN

      Retail space in Waverly, Tennessee, with excellent visibility.
      515 W Main St, Waverly, TN 37185
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 Ct Sq
    Waverly, TN 37185-2113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!