Entity Owned Property summary
AI-generated overview
This exceptional single-tenant retail property, located at 1110 Vann Drive in Jackson, Tennessee, presents a unique investment opportunity. Boasting a highly desirable location on Vann Drive, this property enjoys excellent visibility and accessibility. The 1,900 square foot building sits on a spacious 1.31-acre lot, providing ample space for customer parking and potential expansion. With 30 parking spaces readily available, customer convenience is ensured. The property features convenient curbside access, enhancing operational efficiency and customer experience. The building is a single-story structure, offering easy navigation and accessibility. The property's APN is 008.12. Currently, there are no vacancies. This property is ideal for a variety of retail businesses seeking a high-traffic location with excellent visibility and ample parking. Its prime location and strong tenant occupancy make it a compelling investment opportunity in the thriving Jackson, Tennessee market. The zip code is 38305. This is a single-tenant property with no additional suites. The property's location offers significant advantages for businesses seeking a strong presence in a busy commercial area. The combination of size, location, and parking makes this a truly exceptional retail offering.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,280 SF
Lot
1.31 ac (57,064 SF)
Zoning code
B5
APN
057055 00812
UPID
US80-0490635
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
B5 · Jackson, TN
Top alternative use upside
Restaurant
$2.3M
+258.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.17M
Value range
$1.95M – $2.39M
±10% around blend
Estimated value / SF
$411 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
$1.95M
blend $2.17M
$2.39M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,280 SF
Lot area
1.31 ac
Year built
2005
Stories
1
APN
057055 00812
Zoning
B5
Assessed value
$566,080
Annual tax
$17,550
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$474k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.3 mi away · 6,129 SF
17.8 mi away · 6,158 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.17M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 50 sales
$124
+233%
Submarket 113 sales
$94
+337%
County 126 sales
$104
+293%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $411/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+258%
vs current-use indication
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
2.50%
Implied, in-place cap rate for this grocery and convenience stores
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$152k *
Last sale · May 2023
$2.17M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.06M
Move the market yield to see immediate price impact.
Value / SF
$1,148
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.00%2.50%3.00%
$136k
$6.82M
$5.46M
$4.55M
$152k
$7.58M
$6.06M
$5.05M
$167k
$8.34M
$6.67M
$5.56M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$630k
4.2 mi · Dec 2025 · $120/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$17,550
Tax year 2022
Assessed value
$566,080
Assessed 2023
Previous assessed
$503,600
+12.4% YoY
Effective rate
3.10%
On assessed value
Assessed land
$296,080
Assessed improvement
$270,000
Land market value
$740,200
Improvement market value
$675,000
Total market value
$1,415,200
Applied tax rate
57.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
4
Total area
5,280 SF
Lot
1.31 ac (57,064 SF)
Zoning code
B5
APN
057055 00812
UPID
US80-0490635
Jurisdiction
MADISON
Zoning & alternative use
B5 · Jackson, TNZoning B5 · permitted uses
B5 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
1.31 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B5
Jurisdiction
Jackson, TN
Recorded code
B5
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B5 in Jackson, TN.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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