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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Retail space
118 Tom Davis Rd Livingston, TN 38570-2211
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2101164
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,319 SF
Lot
3.63 ac (158,123 SF)
Zoning code
C-3
APN
067053 09700
UPID
US80-2101164
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
-
Western Union Bank Credit Union
-
Dollar General Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$3.65M
Owner & transaction history
Jmb Investment Company LLC · 3 yrs held
Jmb Investment Company LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
C-3 · Livingston, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide any retail or wholesale business or service use including service stations, funeral homes, offices and financial institutions, auto sales, packaged feed and seed stores, furniture and appliance stores, auto garage and repair shops, motels, restaurants, warehousing and storage uses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
404.49 ac
Source
Realmo
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 Livingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livingston 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
$3,300,000
ML approach
$3,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.65M
Range $3.29M – $4.02M · ±10% · vs last sale $3.90M (Dec 28 2021)
Last sale anchor
$3.90M
Dec 28 2021
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
$144 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30,761
Tax year 2023
Assessed value
$833,800
Assessed 2023
Previous assessed
$833,800
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$199,640
Assessed improvement
$634,160
Land market value
$499,100
Improvement market value
$1,585,400
Total market value
$2,084,500
Applied tax rate
67.0000
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
4
Total area
25,319 SF
Lot
3.63 ac (158,123 SF)
Zoning code
C-3
APN
067053 09700
UPID
US80-2101164
Jurisdiction
OVERTON
Zoning & alternative use
C-3 · Livingston, TNZoning C-3 · permitted uses
C-3 · Livingston, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide any retail or wholesale business or service use including service stations, funeral homes, offices and financial institutions, auto sales, packaged feed and seed stores, furniture and appliance stores, auto garage and repair shops, motels, restaurants, warehousing and storage uses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
404.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
3.63 ac
Current owner
From public records · entity-resolved
Jmb Investment Company LLC
Entity
Mailing address
324 S BEVERLY DR, BEVERLY HILLS, CA 90212-4822
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
$150,000
Jmb Investment Company LLC
Edward Dickson
Warranty Deed
$1,576,000 · Pinncacle Bank
Jun 3, 2022
—
Br Workforce LLC
—
Deed
related
$2,535,000 · Credit Union 1
Dec 28, 2021
$3,900,000
Br Workforce LLC
Stonehorse Real Estate Holdings LLC
Warranty Deed
—
Sep 13, 2019
—
Stonehorse R & E Hldgs LLC
—
Deed
related
$2,000,000 · Bank Of Putnam Cnty
Aug 28, 2019
—
Stonehorse R & E Hldgs LLC
—
Deed
related
$992,550 · Bank Of Putnam Cnty
Jul 12, 2019
$2,838,795
Stonehorse Real Estate Holdings LLC
Spirit Dg Livingston Tn LLC
Special Warranty Deed
—
Jan 2, 2003
$275,000
Swallows Family Limited
Coffee,helen
Warranty Deed
—
Sep 4, 1990
$25,400
Helen Etal Coffee
Unknown
Grant Deed
—
—
—
Stonehorse R & E Hldgs LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of Putnam Cnty
—
—
Stonehorse R & E Hldgs LLC
—
Deed Of Trust
related
$992,550 · Bank Of Putnam Cnty
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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