Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Grocery and convenience stores
1020 Main St Milan, TN 38358-2749
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-0059434
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Total area
2,436 SF
Lot
0.66 ac (28,728 SF)
APN
123N J 00200
UPID
US80-0059434
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
-
BP Gas - Skylight Food Mart Grocery & Convenience Store Food Market
-
TENNESSEE OIL #2 Gas Station
-
ATM (Tennessee Oil) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$865k
Owner & transaction history
Mutti Singh Sawaran · 3 yrs held
Mutti Singh Sawaran
since 2023
Last sale
$930,000
7 recorded transactions
Zoning & alternative use
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 Milan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milan 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
$790,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $930k (Mar 29 2023)
Last sale anchor
$930k
Mar 29 2023
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
$355 / 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
Property tax & assessments
Assessed value
$106,040
Assessed 2023
Previous assessed
$106,040
+0.0% YoY
Assessed land
$23,080
Assessed improvement
$82,960
Land market value
$57,700
Improvement market value
$207,400
Total market value
$265,100
Applied tax rate
270,000,000.0000
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
1991
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
2,436 SF
Lot
0.66 ac (28,728 SF)
APN
123N J 00200
UPID
US80-0059434
Jurisdiction
GIBSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Mutti Singh Sawaran
Individual
Free & Clear · 3 yrs held
Mailing address
1020 N MAIN ST, MILAN, TN 38358-2749
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
—
Mutti Singh Sawaran
—
Deed
related
$2,144,275 · Centennial Bank
Mar 29, 2023
$930,000
Mutti Singh Sawaran
Apple One LLC
Warranty Deed
—
May 7, 2018
—
Apple One LLC
—
Deed
related
—
Jan 21, 2006
$1,147,377
Apple One LLC
Travelers Mart LLC
Warranty Deed
$941,195 · Comunity Bk/smith Cnty
May 18, 2005
$557,199
Apple One LLC
Travelers Mart LLC
Grant Deed
—
Dec 31, 2002
$3,000,000
Travelrs Mart LLC
Baker,g
Grant Deed
—
Aug 30, 1994
$165,000
Kenneth F Baker
Unknown,
Grant Deed
—
Dec 16, 1988
$35,000
Robert L Clenney
Unknown
Grant Deed
—
Feb 17, 1988
$25,000
Liberty Oil Co
Unknown,
Grant Deed
—
—
—
Apple One LLC
—
Deed Of Trust
related
$125,000 · Private Individual
—
—
Apple One LLC
—
Deed Of Trust
related
$1,025,000 · First Citizens Nat'l Bk/martin
—
—
Apple One LLC
—
Deed Of Trust
related
$70,000 · American Com'l Holdings LLC
—
—
Apple One LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1020 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
