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Property profile & analytics
OFF-MARKET
Retail space
107 Courthouse Sq Jonesborough, TN 37659-1307
Individually Owned
12-yr Hold
Free & Clear
Property ID
US80-0861585
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
3,257 SF
Lot
30 ac (1,306,800 SF)
Zoning code
HB-2
APN
060A F 02000
UPID
US80-0861585
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
-
Cyber Orca, LLC IT Consulting Firm Tech Support Center
-
Highland Flight Media Advertising Agency Marketing & Advertising
-
Packet N Post Courier Service Postal Service
-
Coalition for Home Repair Charitable Organization Social Service Agency
-
Below Frigid Candy Specialty Food Shop Candy Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark C Hicks III · 12 yrs held
Mark C Hicks III
since 2013
6 recorded transactions
Zoning & alternative use
HB-2 · Jonesborough, TN
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 Jonesborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesborough 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$96,400
Assessed 2023
Previous assessed
$96,400
+0.0% YoY
Assessed land
$22,200
Assessed improvement
$74,200
Land market value
$55,500
Improvement market value
$185,500
Total market value
$241,000
Applied tax rate
90.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
2
Bathrooms
3
Total area
3,257 SF
Lot
30 ac (1,306,800 SF)
Zoning code
HB-2
APN
060A F 02000
UPID
US80-0861585
Jurisdiction
WASHINGTON
Zoning & alternative use
HB-2 · Jonesborough, TNZoning HB-2 · permitted uses
HB-2 · Jonesborough, TN
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
1950
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
3
Lot
30 ac
Current owner
From public records · entity-resolved
Mark C Hicks III
Individual
Free & Clear · 12 yrs held
Mailing address
1020 OLD STATE RTE 34, JONESBOROUGH, TN 37659-6341
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2021
—
Frederick Lee Smith
—
Deed
related
$10,359 · Southern Finance & Thrift Corp Of Kingsp
Oct 25, 2013
—
Mark C Hicks III
Hicks Mark C JR Trust
Quit Claim Deed
related
—
Jan 13, 2009
—
Mark C Hicks III
Hicks Mark C JR Trust
Quit Claim Deed
related
—
Aug 30, 2006
—
Hicks Mark C JR Trust
Hicks,mark C JR
Quit Claim Deed
related
—
Dec 22, 2003
—
Mark C Hicks JR.
—
Deed Of Trust
related
—
—
—
Mark C Hicks III
—
Loan Modification
related
$96,000 · Bank Of Tennessee
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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