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Property profile & analytics
OFF-MARKET
Commercial land
1200 Main St Decherd, TN 37324-3607
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-1823005
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1956
Total area
2,396 SF
Lot
0.32 ac (14,100 SF)
APN
026056P D 03200
UPID
US80-1823005
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
Ryan D Gilliam · 6 yrs held
Ryan D Gilliam
since 2020
Last sale
$50,000
6 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 Decherd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decherd 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
$362
Tax year 2022
Assessed value
$13,920
Assessed 2023
Previous assessed
$13,920
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$13,920
Land market value
$34,800
Total market value
$34,800
Applied tax rate
26.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1956
Heating
PACKAGE
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,396 SF
Lot
0.32 ac (14,100 SF)
APN
026056P D 03200
UPID
US80-1823005
Jurisdiction
FRANKLIN
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
1956
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ryan D Gilliam
Individual
Mailing address
1110 W MAIN ST, DECHERD, TN 37324-3606
Ownership since
2020
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
Jan 8, 2020
$50,000
Ryan D Gilliam
David T Smith
Warranty Deed
—
Aug 17, 2016
$25,000
David T Smith
Hill,debbie C
Warranty Deed
—
Jun 20, 2012
$5,400
Debbie C Hill
Us Bank NA Series 2007-3
Grant Deed
—
Jan 25, 2012
$66,431
Us Bank NA Series 2007-3
Recontrust Co
Trustees Deed
—
Mar 20, 1991
$22,500
Howard Anthony Garner
Unknown
Grant Deed
—
—
—
Howard A Garner
—
Deed Of Trust
related
$54,400 · First Franklin Financial Corp
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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