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    113 S Forrest Ave Camden, TN 38320
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    113 S Forrest Ave, Camden, TN 38320

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    • Auto shops
    • 8,880 SF
    • 0.42 lot acres
    For Sale
    $400,000
    View Listing →
    Prime Location Commercial Building For Sale
    $400,000
    8,400 SF

    Prime Location Commercial Building

    Large building one block from city square with income potential.

    113 S Forrest Ave., Camden, TN 38320
    View Listing
    Property ID
    US80-1900029
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Down South Cafe / Food Processing Plant
    • 365 Custom Gifts / (Bike/Boat/Book/etc) Store
    • Onestop Signs & 365 Custom Gifts / (Bike/Boat/Book/etc) Store / Printing Service
    • OneStop Signs & 365 Custom Gifts LLC / (Bike/Boat/Book/etc) Store / Printing Service

    Property Details for 113 S Forrest Ave

    Year built
    1926
    Lot size
    0.42 lot acres
    Property type
    Auto shops
    APN
    003078E F 02300
    APU
    003078EF02300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 21, 2023 $180,000 Onestop Signs & 365 Custom Gifts Ll Ray Smith Family Limited Partnershi Warranty Deed —
    Mar 23, 2015 — Ray Smith Family Limited Partn Ray Smith Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Benton
    State
    Tennessee
    Longitude
    -88.0972
    Latitude
    36.0572

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,035
    $16,400
    $55,720
    $72,120
    -
    $41,000
    $139,300
    $180,300

    Comparable in this City

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      1,129 SF

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      $620,000
      33,382 SF

      260 Main St

      AUTO REPAIR, GARAGE
      260 Main St, Camden, TN 38320-1643
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      5,244 SF

      295 Factory St

      AUTO REPAIR, GARAGE
      295 Factory St, Camden, TN 38320-1783
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      914 SF

      164 Forrest Ave

      AUTO REPAIR, GARAGE
      164 Forrest Ave, Camden, TN 38320-1713
      View Details
    • Value Estimation by Request
      3,750 SF

      Nn 641

      AUTO REPAIR, GARAGE
      Nn 641, Camden, TN 38320
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    • Value Estimation by Request
      4,386 SF

      1305 Hwy 641st S

      AUTO REPAIR, GARAGE
      1305 Hwy 641st S, Camden, TN 38320-6613
      View Details

    Similar Nearby for Sale

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      4,800 SF

      Turnkey Auto Repair Shop Opportunity

      Fully equipped 4,800 sq ft auto repair shop for sale.
      98 Oak Hill St, Camden, TN 38320
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      Commercial Building on 10 Acres

      4500 sq ft commercial building on 10 acres.
      3150 Highway 70 W, Camden, TN 38320
      View Details
    • Contact for pricing
      8,400 SF

      Prime Location Commercial Building

      Large building one block from city square with income potential.
      113 S Forrest Ave, Camden, TN 38320
      View Details
    • $375,000
      4,800 SF

      Turnkey Auto Repair Shop Investment

      Fully equipped auto repair shop for immediate operation.
      98 Oak Hill St, Camden, TN 38320
      View Details
    • $200,000
      12.00 Acres

      Prime Commercial Land For Sale

      High-visibility retail development opportunity in expanding commercial corridor.
      Highway 641 N, Camden, TN 38320
      View Details
    • $299,500
      1,590 SF

      Commercial Property in Camden, TN

      Commercial property with shop and building on Hwy 641.
      208 Oakdale Rd, Camden, TN 38320
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Camden, TN

      Retail space in a busy Camden, TN shopping center.
      141 Highway 641 N, Camden, TN 38320
      View Details
    • Contact for pricing
      4,800 SF

      Retail Space in Camden, TN

      Retail spaces available in Camden, Tennessee, near US Route 70.
      141 Highway 641 N, Camden, TN 38320
      View Details
    • Contact for pricing
      36,104 SF

      Shopping Center Space Available

      60,000 SF shopping center with 36,104 SF available.
      190 N 641, Camden, TN 38320
      View Details
    View Listing
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    Camden, TN 38320
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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