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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Office Spaces
1302 Main St Shelbyville, TN 37160-2385
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1071463
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
5,004 SF
Lot
0.41 ac (17,861 SF)
APN
002078G L 03800
UPID
US80-1071463
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
-
Solutions Education Center Training Center Tutoring Service
-
Shelter Insurance - Maleah Claxton Insurance Agency
-
Walking Horse Trainers Association Charitable Organization Social Service Agency
-
PSI Families First Employment Agency
-
The Skin Project Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$970k
Owner & transaction history
Jcg Holdings LLC · 4 yrs held
Jcg Holdings LLC
since 2021
Last sale
$850,000
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 Shelbyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelbyville 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
$1,145,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $850k (Dec 1 2021)
Last sale anchor
$850k
Dec 1 2021
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
$194 / 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
Property tax & assessments
Assessed value
$320,240
Assessed 2023
Previous assessed
$320,240
+0.0% YoY
Assessed land
$119,000
Assessed improvement
$201,240
Land market value
$297,500
Improvement market value
$503,100
Total market value
$800,600
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
2006
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
5,004 SF
Lot
0.41 ac (17,861 SF)
APN
002078G L 03800
UPID
US80-1071463
Jurisdiction
BEDFORD
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
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.41 ac
Current owner
From public records · entity-resolved
Jcg Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 149, SHELBYVILLE, TN 37162-0149
Ownership since
2021
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 1, 2021
$850,000
Jcg Holdings LLC
Sam B Kite
Warranty Deed
—
Jul 3, 2014
$450,000
Sam B Kite JR.
Rowland Dev Family LP
Warranty Deed
—
Aug 14, 2007
$750,000
Rowland Dev Co Family
Ritch,roger D
Warranty Deed
—
Feb 16, 2006
—
Roger D Ritch
American Value Homes INC
Quit Claim Deed
related
$450,000 · Cavalry Banking
Jun 30, 2005
$200,000
American Value Homes INC
Fletcher,terry
Warranty Deed
$170,000 · Benjamin & Terry Fletcher
May 29, 1991
$25,000
Terry Fletcher
Unknown
Grant Deed
—
—
—
Rowland Dev Family
—
Deed Of Trust
related
$700,000 · Peoples Bank Bedford County
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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