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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Grocery and convenience stores
151 Law Rd Jackson, TN 38305-9238
Entity Owned
9-yr Hold
Property ID
US80-3511545
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,073 SF
Lot
4.51 ac (196,456 SF)
Zoning code
C2
APN
057038 02600
UPID
US80-3511545
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
-
Shell Gas Station
-
Hunts Brothers Pizza Restaurant
-
SUPER WAY Gas Station
-
On the Go Fuel Grocery & Convenience Store
-
Law Road Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$710k
Owner & transaction history
Jay Shree Ganesh Krupa LLC · 9 yrs held
Jay Shree Ganesh Krupa LLC
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$965,000
+54.3%
Commercial (general)
$645,000
+2.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
RETAIL STORES
$625,000
Current use
MEDICAL BUILDING
$965,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$645,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
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
$140 / 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
$7,522
Tax year 2022
Assessed value
$401,480
Assessed 2023
Previous assessed
$401,480
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$129,000
Assessed improvement
$272,480
Land market value
$322,500
Improvement market value
$681,200
Total market value
$1,003,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
4
Total area
5,073 SF
Lot
4.51 ac (196,456 SF)
Zoning code
C2
APN
057038 02600
UPID
US80-3511545
Jurisdiction
MADISON
Zoning & alternative use
C2 · Jackson, TN
Zoning C2 · permitted uses
C2 · 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
RETAIL STORES Current
Est. value
$625,000
MEDICAL BUILDING
Est. value
$965,000
COMMERCIAL (GENERAL)
Est. value
$645,000
RETAIL STORES Current
MEDICAL BUILDING
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
4.51 ac
Current owner
From public records · entity-resolved
Jay Shree Ganesh Krupa LLC
Entity
Mailing address
151 LAW RD, JACKSON, TN 38305-9238
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2019
—
Jay Shree Ganesh Krupa LLC
—
Deed
related
$1,730,000 · Firstbank
Aug 11, 2016
$2,400,000
Jay Shree Ganesh Krupa LLC
151 Law Road LLC
Warranty Deed
$1,600,000 · Hohenwald Financial Svcs LLC
Aug 3, 2015
$1,525,000
151 Law Road LLC
Us Of America
Grant Deed
$800,000 · Bancorpsouth
Dec 19, 2008
$1,045,000
Law Road Realty INC
Global Fuels LLC
Warranty Deed
—
Mar 24, 2005
—
Global Fuels LLC
Nobles,jason K
Quit Claim Deed
related
$1,800,000 · First Tennessee Bank National
Aug 13, 2004
—
Jason Nobles
Jkn Investments LLC
Quit Claim Deed
related
—
—
—
Jay Shree Ganesh Krupa LLC
—
Deed Of Trust
related
$1,730,000 · Firstbank
—
—
Global Fuels LLC
—
Deed Of Trust
related
$76,710 · Superway Petroleum INC
—
—
Law Road Realty INC
—
Deed Of Trust
related
$650,000 · Bancorp South 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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