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Property profile & analytics
OFF-MARKET
Office Spaces
1489 Main St Brownsville, TN 38012-2317
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1430132
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Total area
2,211 SF
Lot
1.87 ac (81,457 SF)
Zoning code
R-1
APN
074H A 00100
UPID
US80-1430132
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
-
Brownsville District UMC Church
-
West Tennessee Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
West Tennessee Bank · 4 yrs held
West Tennessee Bank
since 2022
Last sale
$355,000
3 recorded transactions
Zoning & alternative use
R-1 · Brownsville, TN
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 Brownsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownsville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$208,600
Assessed 2023
Previous assessed
$67,520
+208.9% YoY
Assessed land
$20,080
Assessed improvement
$188,520
Land market value
$50,200
Improvement market value
$471,300
Total market value
$521,500
Applied tax rate
38.0000
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
1986
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
2,211 SF
Lot
1.87 ac (81,457 SF)
Zoning code
R-1
APN
074H A 00100
UPID
US80-1430132
Jurisdiction
HAYWOOD
Zoning & alternative use
R-1 · Brownsville, TN
Zoning R-1 · permitted uses
R-1 · Brownsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
West Tennessee Bank
Entity
Free & Clear · 4 yrs held
Mailing address
56 N PLEASANT ST, DECATURVILLE, TN 38329-4083
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
$355,000
West Tennessee Bank
Hatcher Sales & Rentals INC
Warranty Deed
—
Apr 11, 2022
—
Hatcher Sales & Rentals LLC
Donnie Hatcher
Intrafamily Transfer
related
—
Nov 17, 2020
$150,000
Donnie Hatcher
Mississippi Riv District Of The M
Warranty Deed
$125,000 · Insouth Bk
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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