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Property profile & analytics
OFF-MARKET
Office Spaces
109 Apple Ln Rogersville, TN 37857-3024
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1337751
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
FRAME
Total area
5,000 SF
Lot
1.36 ac (59,242 SF)
Zoning code
B-3
APN
037101B A 02100
UPID
US80-1337751
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
-
Tracy & Co Hair Salon
-
The Factory Dance & Fitness Center Training Center
-
DivisionWon (Bike/Boat/Book/etc) Store Printing Service
-
Amedisys Home Health Care Home Health Care Service
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
Lawson Forster · 2 yrs held
Lawson Forster
since 2024
Last sale
$27,500
7 recorded transactions
Zoning & alternative use
B-3 · Rogersville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the intent of this district to establish an area adjacent to the B-2 (central business) district which will support those uses and to encourage commercial development to concentrate to the mutual advantage of consumers as well as to provide for adequate space and sufficient depth from the street for the transactions of the district, thereby strengtheni…
Zone name
Intermediate Business
General category
COMMERCIAL
Zone area
164.93 ac
Source
Realmo
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 Rogersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogersville 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
$86,320
Assessed 2023
Previous assessed
$209,000
-58.7% YoY
Assessed land
$36,520
Assessed improvement
$49,800
Land market value
$91,300
Improvement market value
$124,500
Total market value
$215,800
Applied tax rate
37.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
6
Total area
5,000 SF
Lot
1.36 ac (59,242 SF)
Zoning code
B-3
APN
037101B A 02100
UPID
US80-1337751
Jurisdiction
HAWKINS
Zoning & alternative use
B-3 · Rogersville, TNZoning B-3 · permitted uses
B-3 · Rogersville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the intent of this district to establish an area adjacent to the B-2 (central business) district which will support those uses and to encourage commercial development to concentrate to the mutual advantage of consumers as well as to provide for adequate space and sufficient depth from the street for the transactions of the district, thereby strengthening the economic base and protecting public convenience.
Zone name
Intermediate Business
General category
COMMERCIAL
Zone area
164.93 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
6
Lot
1.36 ac
Current owner
From public records · entity-resolved
Lawson Forster
Individual
Mailing address
152 CLINCH VLY RD, EIDSON, TN 37731-1932
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2024
—
Lawson Forster
Melanie Graf
Quit Claim Deed
related
—
May 5, 2023
—
Apple Tree Centre LLC
—
Deed
related
$100,000 · Thread Bank
Jul 20, 2022
—
Apple Tree Centre LLC
—
Deed
related
$1,059,000 · Thread Bank
Feb 4, 2021
$27,500
Rhonda E Hunley
Gabriel K Kestner
Warranty Deed
—
May 8, 2006
$110,000
John Metz
Rimer,hugh E
Warranty Deed
—
May 16, 2003
$41,800
Imogene M Greene
Lambdin,billie J
Grant Deed
—
—
—
John Metz
—
Deed Of Trust
related
$602,000 · Capital Bank NA
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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