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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Retail space
1142 Washington Ave Brownsville, TN 38012-1601
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2714055
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Total area
1,271 SF
Lot
293 ac (12,763,080 SF)
Zoning code
GC
APN
066M C 02500
UPID
US80-2714055
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
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Narinder S Mutti · 4 yrs held
Narinder S Mutti
since 2022
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
GC · Brownsville, TN
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 Brownsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownsville 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
$665,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $750k (Jan 28 2022)
Last sale anchor
$750k
Jan 28 2022
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
$551 / 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
Assessed value
$215,520
Assessed 2023
Previous assessed
$215,520
+0.0% YoY
Assessed land
$25,040
Assessed improvement
$190,480
Land market value
$62,600
Improvement market value
$476,200
Total market value
$538,800
Applied tax rate
38.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1951
Heating
CENTRAL
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
1,271 SF
Lot
293 ac (12,763,080 SF)
Zoning code
GC
APN
066M C 02500
UPID
US80-2714055
Jurisdiction
HAYWOOD
Zoning & alternative use
GC · Brownsville, TN
Zoning GC · permitted uses
GC · Brownsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Heating
CENTRAL
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
293 ac
Current owner
From public records · entity-resolved
Narinder S Mutti
Individual
Mailing address
35 ROCHESTER CV, JACKSON, TN 38305-2674
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
$750,000
Narinder S Mutti
Mk Spirits LLC
Warranty Deed
$433,545 · Insouth Bank
Jun 30, 2015
$112,500
Mk Spirits LLC
Voss,oliver
Warranty Deed
$450,000 · Insouth Bk
Jun 1, 2009
—
Oliver Voss
Crain,lawson
Quit Claim Deed
related
—
—
—
Mk Spirits LLC
—
Loan Modification
related
$632,325 · Insouth Bk
—
—
Mk Spirits LLC
—
Loan Modification
related
—
—
—
Mk Spirits LLC
—
Loan Modification
related
$517,507 · Insouth 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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