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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Strip malls
11615 Hwy 70 Arlington, TN 38002-2910
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1740146
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
16,357 SF
Lot
1.48 ac (64,599 SF)
Zoning code
B-E
APN
A01-41 - - -00378
UPID
US80-1740146
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
$1.62M
Blend (final)
Blend
$1.47M
Owner & transaction history
Chao Investment Co · 7 yrs held
Chao Investment Co
since 2019
6 recorded transactions
Zoning & alternative use
B-E · Arlington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+66.3%
Office building
$2.0M
+34.4%
Auto repair, garage
$1.6M
+12.4%
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,455,000
Current use
MEDICAL BUILDING
$2,420,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,955,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,635,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,470,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,460,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10%
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
$90 / 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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$50,503
Tax year 2022
Assessed value
$1,081,440
Assessed 2023
Previous assessed
$1,081,440
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$186,280
Assessed improvement
$895,160
Land market value
$465,700
Improvement market value
$2,237,900
Total market value
$2,703,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
16,357 SF
Lot
1.48 ac (64,599 SF)
Zoning code
B-E
APN
A01-41 - - -00378
UPID
US80-1740146
Jurisdiction
SHELBY
Zoning & alternative use
B-E · Arlington, TN
Zoning B-E · permitted uses
B-E · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.48 ac
Current owner
From public records · entity-resolved
Chao Investment Co
Entity
Mailing address
7886 WINCHESTER RD STE #201, MEMPHIS, TN 38125-2372
Ownership since
2019
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
Mar 21, 2022
—
Chao Investment Company
—
Deed
related
$1,794,043 · First Horizon Bank
Oct 13, 2020
—
Chao Investment Co
—
Deed
related
$150,000 · Guaranty Bk
Mar 29, 2019
$2,900,000
Chao Investment Co
11615 Arlington Ventures LLC
Grant Deed
$2,000,000 · First Alliance Bk
Mar 4, 2019
$2,415,000
11615 Arlington Ventures LLC
Csmc 2006-c5 Highway 70 LLC
Grant Deed
$1,811,250 · City Nat'l Bk/fl
Aug 8, 2017
$1,500,000
Csmc 2006-c5 Highway 70 LLC
Quinn Harris P|arlington Shops LLC
Trustees Deed
—
—
—
Chao Investment Co
—
Deed Of Trust
related
$150,000 · Guaranty 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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