Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

118 Morris St Sweetwater, TN 37874

OFF-MARKET
Retail space
Property ID
US80-1375148
2,024 SF 0.04 ac lot Built 1900
Last sale Feb 2025 · $380,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 1,012-square-foot commercial suite in Sweetwater, Tennessee, located at 118 W Morris St within the historic downtown area. The space has an open-studio layout designed to support flexible use types such as retail, creative studio, professional office, salon, or boutique use, subject to applicable requirements. The suite is configured so that tenants are responsible for utilities, and smoking is not permitted. The property is situated near other downtown businesses and amenities, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$899
Tax billed · 2022
Assessed value · 2023$36k
Assessed land$6k
Assessed improvement$30k
Effective rate2.53%

Value estimate

· Oct 2026
$85k
$77k – $94k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$50/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$29 – $73
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
This district is established to protect and improve the downtown shopping area of Sweetwater and to discourage uses which do not require ...
General categoryCOMMERCIAL
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.8
Wholesale Shop14.3
Electrical Service11.4

Location

118 Morris St Sweetwater, TN 37874-2809
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 Main, Sweetwater, TN 37874-2806 $350,000 Mar 2025 1,760 SF
201 Mayes, Sweetwater, TN 37874-2621 $134,000 Oct 2022 2,384 SF
712 Main, Sweetwater, TN 37874-2616 $217,500 Sep 2022 2,775 SF
1014 Main, Sweetwater, TN 37874-1803 $50,000 Jul 2022 2,366 SF
404 Main, Sweetwater, TN 37874-2703 $150,000 Sep 2020 1,288 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 118 Morris St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved