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Property profile & analytics
OFF-MARKET
Estimated value
$4,820,000
Retail space
1231 Huntsville Hwy Fayetteville, TN 37334-3680
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2448313
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
FRAME
Total area
6,000 SF
Lot
0.86 ac (37,462 SF)
APN
079M A 01000
UPID
US80-2448313
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
-
Edward Jones - Financial Advisor: John R Karby, CFP®|AAMS® Financial Advisor
-
Alex Boyce - State Farm Insurance Agent Insurance Agency
-
USA Storage Centers - Fayetteville Storage Facility
-
Hearing Services of Middle Tennessee Hearing Aid Store
-
Jackson Hewitt Tax Service Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.82M
Owner & transaction history
Shankus Plaza LLC · 4 yrs held
Shankus Plaza LLC
since 2022
Last sale
$5.0M
7 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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$4,460,000
ML approach
$4,780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.82M
Range $4.34M – $5.30M · ±10% · vs last sale $5.02M (May 24 2022)
Last sale anchor
$5.02M
May 24 2022
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
$803 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$232,120
Assessed 2023
Previous assessed
$232,120
+0.0% YoY
Assessed land
$91,240
Assessed improvement
$140,880
Land market value
$228,100
Improvement market value
$352,200
Total market value
$580,300
Applied tax rate
52.0000
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
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
3
Total area
6,000 SF
Lot
0.86 ac (37,462 SF)
APN
079M A 01000
UPID
US80-2448313
Jurisdiction
LINCOLN
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.86 ac
Current owner
From public records · entity-resolved
Shankus Plaza LLC
Entity
Mailing address
212 S HORTON PKWY, CHAPEL HILL, TN 37034-3102
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2022
$5,024,000
Shankus Plaza LLC
Brayne Development
Warranty Deed
$4,800,000 · Citizens Bank
Aug 5, 2019
$650,000
Brayne Dev
C & P Properties
Warranty Deed
—
Oct 2, 2014
$1,460,961
Your Extended Attic Gp
C & P Properties
Warranty Deed
—
Jul 9, 2007
$240,000
Thuy L Huynh
C & P Properties
Warranty Deed
—
Dec 27, 2005
$400,000
C Properties
First Farmers & Merchants Bank
Grant Deed
—
Jul 21, 2004
—
Farmers First
Wallace,ronnie & Sarah
Quit Claim Deed
related
—
Jan 21, 2004
$651,000
First Farmers & Merchants
Wallace,ronnie
Trustees Deed
related
—
Jan 20, 2004
$651,000
Farmers First
Wallace,ronnie
Trustees Deed
related
—
May 31, 1994
$250,000
Ronnie Wallace
Unknown
Grant Deed
—
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.
Try Rey
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