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Property profile & analytics
OFF-MARKET Estimated value $785,000
Office Spaces

128 Bockman Way Sparta, TN 38583-2036

9,272 SF 0.48 ac lot Built 1960
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-2045541
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1960
Total area 9,272 SF
Lot 0.48 ac (21,000 SF)
Zoning code C-D
APN 093059B H 00100
UPID US80-2045541
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
$720k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$785k
Owner & transaction history
Rs Real Estate Holdings LLC · 4 yrs held
Rs Real Estate Holdings LLC
since 2021
Last sale
$550,000
7 recorded transactions
2021
$550,000
2021
$545,000
2018
$365,000
2009
$200,000
1994
$225,000
1994
$225,000
1969
Price N/A
Zoning & alternative use
C-D · Sparta, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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- site parking lots located in resident ial district, gasoline serv…

Zone name Commercial D Districts
General category INDUSTRIAL
Zone area 1,341.74 ac
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