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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Grocery and convenience stores
12882 Minor Hl Hwy Minor Hill, TN 38473-5436
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-1645183
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1999
Total area
3,440 SF
Lot
0.38 ac (16,553 SF)
APN
028152I B 00700
UPID
US80-1645183
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
-
Top of the Hill Market Grocery & Convenience Store
-
SPIRIT Gas Station
-
ATM (Top of the Hill Market) Atm Food Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$510k
Owner & transaction history
Shree Ugtai One LLC · 6 yrs held
Shree Ugtai One LLC
since 2020
Last sale
$452,811
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$375,000
+12.5%
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 Minor Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Minor Hill 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
$700,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$330,000
Current use
COMMERCIAL (GENERAL)
$375,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $453k (Mar 27 2020)
Last sale anchor
$453k
Mar 27 2020
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
$148 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,796
Tax year 2023
Assessed value
$140,760
Assessed 2023
Previous assessed
$140,760
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$12,440
Assessed improvement
$128,320
Land market value
$31,100
Improvement market value
$320,800
Total market value
$351,900
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1999
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,440 SF
Lot
0.38 ac (16,553 SF)
APN
028152I B 00700
UPID
US80-1645183
Jurisdiction
GILES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$330,000
COMMERCIAL (GENERAL)
Est. value
$375,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Shree Ugtai One LLC
Entity
Free & Clear · 6 yrs held
Mailing address
12882 MINOR HL HWY, MINOR HILL, TN 38473-5436
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Viaan0808 LLC
—
Deed
related
$505,000 · Shree Ugtai One LLC
Aug 2, 2023
—
Shree Ugtai One LLC
—
Deed
related
$160,000 · Bank Of Lincoln County
Mar 27, 2020
$452,811
Shree Ugtai One LLC
Max Keith Wesver
Warranty Deed
—
May 25, 2011
—
Max K Weaver
Weaver,debbie K
Quit Claim Deed
related
—
Nov 30, 2007
$322,500
Max K Weaver
Pickett,stanley K
Warranty Deed
$258,000 · Citizens Bank & Savings Co
Sep 20, 2001
$84,500
Michael Etal Lindberg
Pickett,stanley
Grant Deed
—
—
—
Max K Weaver
—
Deed Of Trust
related
$341,001 · Cb&s 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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