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Property profile & analytics
OFF-MARKET Estimated value $905,000
Auto shops

1042 Mulberry St Loudon, TN 37774-1328

6,644 SF 1.24 ac lot Built 1938
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-2669013
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1938
Total area 6,644 SF
Lot 1.24 ac (54,014 SF)
Zoning code C-2
APN 053040M A 00700
UPID US80-2669013
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
  • Brewster's Services Group LLC Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$885k
CAP Approach CAP
by Request
Comparable Approach Comparable
$580k
Blend (final) Blend
$905k
Owner & transaction history
Dustin Thomas · 2 yrs held
Dustin Thomas
since 2023
Last sale
$954,000
7 recorded transactions
2023
$954,000
2007
Price N/A
2005
$200,000
1995
$58,500
1994
$24,600
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Loudon, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

in the C-2, Highway Business District after review by the Board of Zoning Appeals. 1. General P rovisions. The following general provisions apply to all planned commercial developments. a. Ownership and division of land. No tract of land may be considered for or approved as a planned commercial development unless such tract is under single ownership. The ho…

Zone name Highway Business
General category COMMERCIAL
Zone area 499.70 ac
Source ORDINANCE NO. ___________
Top alternative use upside
Restaurant $705,000 +36.9%
Commercial (general) $600,000 +16.3%
Retail stores $545,000 +5.8%
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