Back to Search
Property profile & analytics
OFF-MARKET
Retail space
115 Belcher Rd Sweetwater, TN 37874-5229
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US80-0792996
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
FRAME
Total area
2,256 SF
Lot
1.25 ac (54,450 SF)
APN
062014 01702
UPID
US80-0792996
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patricia Knox · 22 yrs held
Patricia Knox
since 2004
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,276
Tax year 2022
Assessed value
$69,440
Assessed 2023
Previous assessed
$56,960
+21.9% YoY
Effective rate
1.84%
On assessed value
Assessed land
$8,960
Assessed improvement
$60,480
Land market value
$22,400
Improvement market value
$151,200
Total market value
$173,600
Applied tax rate
62.0000
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
1986
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
2,256 SF
Lot
1.25 ac (54,450 SF)
APN
062014 01702
UPID
US80-0792996
Jurisdiction
MONROE
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
1986
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Patricia Knox
Individual
Mailing address
115 BELCHER RD, SWEETWATER, TN 37874-5229
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
—
Patricia L Knox
—
Deed
related
$75,000 · Simmons Bank
Aug 28, 2019
—
Patricia Knox
—
Deed
related
$208,336 · Simmons Bk
Apr 6, 2018
—
Patricia Knox
—
Deed
related
$32,000 · Simmons Bk
Feb 26, 2016
—
Patricia Knox
—
Trustees Deed
related
$25,000 · Citizens Nat'l Bk
Aug 25, 2015
—
Patricia Knox
—
Trustees Deed
related
$25,722 · Citizens Nat'l Bk
Jan 13, 2004
$70,000
Patricia Knox
Clark,william J
Grant Deed
—
Aug 1, 1989
$65,000
William J Clark
Unknown
Grant Deed
—
—
—
Patricia Knox
—
Deed Of Trust
related
$10,253 · Citizens National Bank
—
—
Patricia Knox
—
Deed Of Trust
related
$208,336 · Simmons Bk
—
—
Absolute Racing
—
Deed Of Trust
related
$154,937 · Citizens National Bank
—
—
Patricia Knox
—
Deed Of Trust
related
$187,504 · Citizens Nat'l Bk
—
—
Knox,patricia
—
Deed Of Trust
related
$133,001 · Citizens Nat'l Bk
—
—
Patricia Knox
—
Loan Modification
related
$32,000 · Simmons 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 Belcher Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
