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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Retail space
1166 Jefferson Ave Cookeville, TN 38506-4219
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1337035
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Total area
5,264 SF
Lot
0.6 ac (26,136 SF)
APN
071066 09404
UPID
US80-1337035
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
Current use
Occupant on record · Public records
-
Palomas Treasures Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$845k
Owner & transaction history
Community Options INC · 1 yrs held
Community Options INC
since 2024
Last sale
$845,000
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$845,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$635,000
Current use
COMMERCIAL (GENERAL)
$535,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $845k (Aug 7 2024)
Last sale anchor
$845k
Aug 7 2024
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
$161 / 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
$8,337
Tax year 2022
Assessed value
$252,640
Assessed 2023
Previous assessed
$253,240
-0.2% YoY
Effective rate
3.30%
On assessed value
Assessed land
$83,600
Assessed improvement
$169,040
Land market value
$209,000
Improvement market value
$422,600
Total market value
$631,600
Applied tax rate
71.0000
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
2001
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,264 SF
Lot
0.6 ac (26,136 SF)
APN
071066 09404
UPID
US80-1337035
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$535,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2001
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Community Options INC
Entity
Free & Clear · 1 yrs held
Mailing address
1166 S JEFFERSON AVE, COOKEVILLE, TN 38506-4219
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
Community Options INC
—
Deed
related
$13,768,065 · Valley National Bank NA
Aug 7, 2024
—
Community Options INC
Rinehart Family General Partnership
Warranty Deed
—
Nov 22, 2021
$53,680
State Of Tennessee
Rinehart Family General Partnership
Warranty Deed
—
May 28, 2021
$724,000
Rinehart Family General Partnership
Pamela W Clarkson
Warranty Deed
—
Jun 1, 2020
—
Pamela M Clarkson
—
Deed
related
—
May 28, 2019
—
Pamela M Clarkson
—
Deed
related
$293,006 · Putnam 1st Mercantile Bk
Dec 14, 2018
$50,000
Harry Zaharias
Clarkson,pamela W & Kelly A
Warranty Deed
—
Apr 24, 2017
—
Pamela M Clarkson
—
Deed
related
$338,886 · Putnam 1st Mercantile Bk
Mar 7, 2017
—
Pamela M Clarkson
—
Deed
related
$293,006 · Putnam 1st Mercantile Bk
Nov 28, 2016
—
Pamela M Clarkson
—
Deed
related
$293,006 · Putnam 1st Mercantile Bk
Nov 1, 2013
—
Pamela W Clarkson
Clarkson,kelly A
Quit Claim Deed
related
—
Nov 12, 2010
—
Kelly A Clarkson
Clarkson,pamela
Quit Claim Deed
related
—
Feb 22, 2001
—
Clarkson,pamela
Williams,estes
Trustees Deed
related
—
—
—
Pamela Mae Clarkson
—
Loan Modification
related
$323,687 · Putnam First Mercantile Bank
—
—
Pamela M Clarkson
—
Loan Modification
related
$293,006 · Putnam 1st Mercantile Bk
—
—
Clarkson,kelly A
—
Deed Of Trust
related
$293,006 · Putnam 1st Mercantile Bk
—
—
Pamela W Clarkson
—
Deed Of Trust
related
$100,000 · Putnam First Mercantile Bank
—
—
Pamela W Clarkson
—
Deed Of Trust
related
$100,000 · Putnam First Mercantile Bank
—
—
Pamela M Clarkson
—
Loan Modification
related
—
—
—
Pamela W Clarkson
—
Deed Of Trust
related
$182,450 · Putnam First Mercantile Bank
—
—
Pamela M Clarkson
—
Loan Modification
related
$293,006 · Putnam 1st Mercantile Bk
—
—
Pamela M Clarkson
—
Loan Modification
related
$293,006 · Putnam 1st Mercantile Bk
—
—
Pamela M Clarkson
—
Loan Modification
related
$338,886 · Putnam 1st Mercantile 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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