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Property profile & analytics
OFF-MARKET
Office Spaces

123 Bockman Way Sparta, TN 38583-1951

1,023 SF 0.39 ac lot Built 1940
Individually Owned 24-yr Hold Absentee Owner Free & Clear
Property ID
US80-0263881
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1940
Total area 1,023 SF
Lot 0.39 ac (17,000 SF)
Zoning code C-A
APN 093059B E 00200
UPID US80-0263881
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
  • 3D Financial Sparta Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Marie Jordan · 24 yrs held
Marie Jordan
since 2002
7 recorded transactions
2002
$37,000
2001
$30,000
1995
$75,000
1993
$75,000
1993
$75,000
1993
$75,000
1992
$75,000
Zoning & alternative use
C-A · Sparta, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(c) Moderate impact (M) . All permitted uses in the C-A, C-B, and C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are also considered to have a moderate impact. The following uses shall be 14-112 considered to have a moderate impact regardless of zoning classification: off-…

Zone name Commercial A Districts
General category COMMERCIAL
Zone area 19.46 ac
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