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Property profile & analytics
OFF-MARKET
Office Spaces
111 Commerce St Lewisburg, TN 37091-3318
Entity Owned
Free & Clear
Property ID
US80-0456938
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1962
Total area
756 SF
Lot
0.05 ac (2,178 SF)
APN
059064O E 02900
UPID
US80-0456938
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
-
Medley & Spivy Attorneys at Law, Law Firm
-
Wickberg Accounting, PLLC. Accounting Firm Tax Preparation
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
Marshall County Tennessee
Marshall County Tennessee
since 2026
Last sale
$85,000
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 Lewisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisburg 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
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$1,016
Tax year 2021
Assessed value
$23,480
Assessed 2023
Previous assessed
$23,480
+0.0% YoY
Effective rate
4.33%
On assessed value
Assessed land
$4,080
Assessed improvement
$19,400
Land market value
$10,200
Improvement market value
$48,500
Total market value
$58,700
Applied tax rate
59.0000
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
1962
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
3
Bathrooms
0
Total area
756 SF
Lot
0.05 ac (2,178 SF)
APN
059064O E 02900
UPID
US80-0456938
Jurisdiction
MARSHALL
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
1962
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
0
Lot
0.05 ac
Current owner
From public records · entity-resolved
Marshall County Tennessee
Entity
Free & Clear · 0 yrs held
Mailing address
739 JOYCE AVE, LEWISBURG, TN 37091-3679
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
Marshall County Tennessee
Good Neighbor Apartments LLC
Warranty Deed
—
Jan 13, 2022
—
Stoney Creek Travel Park INC
—
Deed
related
$650,000 · Cecilia West Spivy
Oct 29, 2021
—
Good Neighbor Apartments LLC
—
Deed
related
$400,000 · Listerhill Cu
Aug 27, 2021
$375,000
Good Neighbor Apartments LLC
F & M West INC
Special Warranty Deed
$360,036 · Leipers Fork Lending
Sep 29, 2020
$85,000
Michael Wickberg
Carole J Lambert
Warranty Deed
$72,250 · Bank Of Frankewing
Jan 24, 2019
—
Medley,barbara G Tr
Jenne,justin & Hope
Grant Deed
related
—
Nov 13, 2018
$124,000
Medley,barbara G Tr
Mullenix,robert J & Crystal L
Grant Deed
—
Jun 22, 2018
$130,000
Barbara G Medley
Rockwell,william L
Grant Deed
—
Jul 31, 2017
—
F & M West INC
First Farmers & Merchants Bk
Quitclaim Deed
related
—
Dec 19, 2013
$23,500
Carole J Lambert
Binkley,carolyn M
Warranty Deed
—
Sep 30, 2010
$109,550
Mukeshkumar Chaudhary
White Properties
Warranty Deed
$98,600 · White Oak Ents
—
—
Mukeshkumar M Chaudhary
—
Deed Of Trust
related
$99,768 · First Commerce Bank
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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