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Property profile & analytics
OFF-MARKET
Retail space
12019 Walker St Arlington, TN 38002-5322
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-1716552
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1906
Total area
1,350 SF
Lot
0.22 ac (9,409 SF)
Zoning code
RS-15
APN
A01-42 - - -00151
UPID
US80-1716552
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
-
Walker Street Salon Hair Salon Nail Salon
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
Clayton W Diffee
Clayton W Diffee
since 2025
1 recorded transaction
Zoning & alternative use
RS-15 · Arlington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the RS-15, Medium Density Residential District, is to provide suitable areas for single-family residential development having a density level no greater than 2.25 units per acre and free from conflicting residential uses. These areas should be served by all municipal services
Zone name
Medium Density Residential District
General category
RESIDENTIAL
Zone area
356.10 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 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
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
$1,491
Tax year 2022
Assessed value
$31,920
Assessed 2023
Previous assessed
$31,920
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$20,760
Assessed improvement
$11,160
Land market value
$51,900
Improvement market value
$27,900
Total market value
$79,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1906
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
1,350 SF
Lot
0.22 ac (9,409 SF)
Zoning code
RS-15
APN
A01-42 - - -00151
UPID
US80-1716552
Jurisdiction
SHELBY
Zoning & alternative use
RS-15 · Arlington, TNZoning RS-15 · permitted uses
RS-15 · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the RS-15, Medium Density Residential District, is to provide suitable areas for single-family residential development having a density level no greater than 2.25 units per acre and free from conflicting residential uses. These areas should be served by all municipal services
Zone name
Medium Density Residential District
General category
RESIDENTIAL
Zone area
356.10 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1906
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Clayton W Diffee
Individual
Mailing address
6143 CHESTER ST, ARLINGTON, TN 38002-3932
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
$400,000
Clayton W Diffee
Sue K Gaines
Warranty Deed
$340,000 · Independent Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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