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Property profile

145 Locke Rd Somerville, TN 38068

OFF-MARKET
Commercial real estate
Property ID
US80-0572042
4,964 SF 6.1 ac lot Built 1974
Last sale Oct 2024 · $650,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$73k
Assessed land$24k
Assessed improvement$49k

Value estimate

· Oct 2026
$650k
$585k – $715k
AI approach$650k
CAP approach$775k
Submarket $/SF estimate$405k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$22 – $91
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GM
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.1
Plumbing Service9.1
HVAC Service9.0

Location

145 Locke Rd Somerville, TN 38068-1662
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3705 Jernigan, Somerville, TN 38068-3613 $80,000 Feb 2023 6,410 SF
150 Latta, Somerville, TN 38068-1319 $200,000 Jan 2023 4,000 SF
18020 Us Hwy 64, Somerville, TN 38068-6167 $95,000 Apr 2022 5,904 SF
109 En, Somerville, TN 38068-1427 $26,000 Oct 2021 4,128 SF
17370 Us Hwy 64, Somerville, TN 38068-6160 $90,000 Jun 2020 5,428 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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