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Property profile & analytics
OFF-MARKET
Office Spaces
121 2nd Ave Hohenwald, TN 38462-1803
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-2301202
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Construction
WOOD
Total area
3,792 SF
Lot
0.62 ac (27,000 SF)
Zoning code
C-2
APN
051042A B 00300
UPID
US80-2301202
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
-
Williams Family Recycling Recycling Center Waste Management Facility
-
Davis House Child Advocacy Center Association Or Organization
-
Clayton Family Recycling Waste Management Facility Hazardous Waste Disposal
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
Connie Adcox · 5 yrs held
Connie Adcox
since 2020
Last sale
$55,000
6 recorded transactions
Zoning & alternative use
C-2 · Hohenwald, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to provide for a wide range of retail, office, amusement and service uses, characterized by the pedestrian oriented atmosphere, in addition, this district provides for governmental uses, community facilities and utilities necessary to serve the district of which are required for the general community welfare
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
89.71 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 Hohenwald submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hohenwald 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
Property tax & assessments
Assessed value
$54,880
Assessed 2023
Previous assessed
$54,880
+0.0% YoY
Assessed land
$14,400
Assessed improvement
$40,480
Land market value
$36,000
Improvement market value
$101,200
Total market value
$137,200
Applied tax rate
51.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Stories
1
Units
1
Bathrooms
0
Total area
3,792 SF
Lot
0.62 ac (27,000 SF)
Zoning code
C-2
APN
051042A B 00300
UPID
US80-2301202
Jurisdiction
LEWIS
Zoning & alternative use
C-2 · Hohenwald, TNZoning C-2 · permitted uses
C-2 · Hohenwald, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to provide for a wide range of retail, office, amusement and service uses, characterized by the pedestrian oriented atmosphere, in addition, this district provides for governmental uses, community facilities and utilities necessary to serve the district of which are required for the general community welfare
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
89.71 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
YES
Stories
1
Units
1
Bathrooms
0
Lot
0.62 ac
Current owner
From public records · entity-resolved
Connie Adcox
Individual
Mailing address
108 ML AVE, HOHENWALD, TN 38462-1533
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
Aug 3, 2020
$61,081
Connie Adcox
Clayton Family Recycling LLC
Warranty Deed
—
Aug 3, 2020
—
Scottie L Carroll
—
Deed
related
$41,044 · Peoples Bk
May 18, 2015
$130,000
Clayton Family Recycling LLC
Chris J Williams
Warranty Deed
$152,679 · Bank Of Lewis County
Apr 1, 2015
—
Christopher J Williams
Williams Tammy M
Quit Claim Deed
—
May 11, 2001
$50,000
Williams,chris J & Tammy
Carroll,samuel
Trustees Deed
—
—
—
Scottie L Carroll
—
Deed Of Trust
related
$41,044 · Peoples 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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