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Property profile & analytics
OFF-MARKET
Estimated value
$5,930,000
Warehouses
131 Southwide Dr Jackson, TN 38305-4342
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0688164
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,390 SF
Lot
23 ac (1,001,880 SF)
Zoning code
I2
APN
057066J A 00502
UPID
US80-0688164
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
-
Kirklands Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.86M
CAP Approach
CAP
$7.40M
Comparable Approach
Comparable
$3.69M
Blend (final)
Blend
$5.93M
Owner & transaction history
John Samuel Overton · 4 yrs held
John Samuel Overton
since 2022
Last sale
$5.8M
5 recorded transactions
Zoning & alternative use
I2 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.7M
+244.5%
Retail stores
$7.5M
+235.1%
Auto repair, garage
$5.3M
+139.8%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$6,260,000
ML approach
$5,855,000
CAP Approach
CAP Return
Estimation
6%
$8,015,000
6.5%
$7,400,000
7%
$6,870,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,665,000
Change: +244% · Conversion: Difficult
RETAIL STORES
$7,460,000
Change: +235% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,335,000
Change: +140% · Conversion: Easy
Blend value · Realmo final
$5.93M
Range $5.34M – $6.52M · ±10% · vs last sale $5.80M (May 5 2022)
Last sale anchor
$5.80M
May 5 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
$98 / 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
Tax billed
$52,736
Tax year 2022
Assessed value
$1,513,240
Assessed 2023
Previous assessed
$1,513,240
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$132,600
Assessed improvement
$1,380,640
Land market value
$331,500
Improvement market value
$3,451,600
Total market value
$3,783,100
Applied tax rate
57.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
3
Stories
1
Units
1
Bathrooms
9
Total area
60,390 SF
Lot
23 ac (1,001,880 SF)
Zoning code
I2
APN
057066J A 00502
UPID
US80-0688164
Jurisdiction
MADISON
Zoning & alternative use
I2 · Jackson, TN
Zoning I2 · permitted uses
I2 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.7M
RETAIL STORES
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$5.3M
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
3
Units
1
Bathrooms
9
Lot
23 ac
Current owner
From public records · entity-resolved
John Samuel Overton
Individual
Mailing address
131 SOUTHWIDE DR, JACKSON, TN 38305-4548
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2022
$5,800,000
John Samuel Overton
Matco Corp
Warranty Deed
$4,930,000 · Decatur County Bank
Jul 18, 2005
$3,000,000
Matco Corp
American Industrial Cap LLC
Grant Deed
—
Dec 17, 1997
$1,725,000
American Industrial Capita
—
Grant Deed
related
—
Mar 7, 1989
$6,453,000
Southwide Industrial Assoc
Unknown
Grant Deed
—
Jan 19, 1988
$5,250,000
Tn Assoc L T D Jackson
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.
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