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Property profile & analytics
OFF-MARKET
Estimated value
$10,365,000
Retail space
1097 Tri County Blvd Oliver Springs, TN 37840-6207
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3457733
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
127,960 SF
Lot
13.56 ac (590,674 SF)
Zoning code
C-3
APN
001098 00808
UPID
US80-3457733
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.18M
Blend (final)
Blend
$10.37M
Owner & transaction history
Mayme Carmichael Sch Org INC · 7 yrs held
Mayme Carmichael Sch Org INC
since 2018
7 recorded transactions
Zoning & alternative use
C-3 · Oliver Springs, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$10.9M
+7.0%
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 Oliver Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oliver Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$10,180,000
Current use
INDUSTRIAL (GENERAL)
$10,895,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$10.37M
Range $9.33M – $11.40M · ±10%
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
$81 / 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
Land market value
$665,800
Improvement market value
$772,000
Total market value
$1,437,800
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
32
Bathrooms
10
Total area
127,960 SF
Lot
13.56 ac (590,674 SF)
Zoning code
C-3
APN
001098 00808
UPID
US80-3457733
Jurisdiction
ANDERSON
Zoning & alternative use
C-3 · Oliver Springs, TNZoning C-3 · permitted uses
C-3 · Oliver Springs, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$10.2M
INDUSTRIAL (GENERAL)
Est. value
$10.9M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
32
Bathrooms
10
Lot
13.56 ac
Current owner
From public records · entity-resolved
Mayme Carmichael Sch Org INC
Entity
Mailing address
519 W TRI COUNTY BLVD, OLIVER SPRINGS, TN 37840-1430
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2018
$140,000
Mayme Carmichael Sch Org INC
Beech Park Baptist Church
Warranty Deed
$55,000 · Beech Park Baptist Ch
Sep 22, 2016
—
Beech Park Baptist Church
—
Trustees Deed
related
$529,000 · Citizens First Bk
Dec 4, 2012
$90,000
Nathan D Hall
Beech Park Baptist Church
Warranty Deed
$83,179 · Citizens First Nat'l Bk/nj
Jul 7, 2006
—
Diversified Product Inspection
—
Trustees Deed
related
$400,000 · Amsouth Bank
Dec 28, 2004
$800,000
Diversified Product Inspection
Tn-801 Tri-county LLC
Grant Deed
$800,000 · Amsouth Bank
Jun 15, 2004
$2,000
Danny C Palmer
Beech,park B
Grant Deed
related
—
Mar 23, 2004
$451,000
Beech Park Baptist Church
Tri-county LP
Grant Deed
—
—
—
Beech Park Baptist Church INC
—
Loan Modification
related
$529,000 · Citizens First Bk
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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