New search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1593 Spg St Cookeville, TN 38506-4316
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US80-1588546
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1960
Total area
3,026 SF
Lot
0.92 ac (40,000 SF)
APN
071067A A 02100
UPID
US80-1588546
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
-
CITGO Beverly Hills Market Gas Station
-
Citgo Gas Station
-
LibertyX Bitcoin ATM Atm
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
Sarvopari INC · 12 yrs held
Sarvopari INC
since 2014
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,489
Tax year 2022
Assessed value
$79,960
Assessed 2023
Previous assessed
$75,600
+5.8% YoY
Effective rate
3.11%
On assessed value
Assessed land
$32,000
Assessed improvement
$47,960
Land market value
$80,000
Improvement market value
$119,900
Total market value
$199,900
Applied tax rate
71.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1960
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
3,026 SF
Lot
0.92 ac (40,000 SF)
APN
071067A A 02100
UPID
US80-1588546
Jurisdiction
PUTNAM
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
1960
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Sarvopari INC
Entity
Mailing address
1593 E SPG ST, COOKEVILLE, TN 38506-4316
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2020
—
Sarvopari INC
—
Deed
related
—
Apr 3, 2017
—
Sarvopari INC
—
Deed
related
$274,333 · First Volunteer Bk
May 5, 2014
$445,000
Sarvopari INC
Lamb,kirt T
Warranty Deed
$195,000 · Kirt T Lamb
Nov 2, 2011
—
Kirt T Lamb
Lamb Jessie Family Trust
Quit Claim Deed
related
—
Apr 5, 2010
—
Jessie L Lamb
—
Trustees Deed
related
$206,000 · First Tennessee Bank National
—
—
Sarvopari INC
—
Deed Of Trust
related
$346,115 · First Volunteer Bk
—
—
Jessie L Lamb
—
Deed Of Trust
related
$206,000 · First Tennessee Bank National
—
—
Kirt T Lamb
—
Deed Of Trust
related
$225,000 · Clayton Bank & Trust
—
—
Jessie L Lamb
—
Deed Of Trust
related
$206,000 · First Tennessee Bank National
—
—
Sarvopari INC
—
Deed Of Trust
related
$274,333 · First Volunteer Bk
—
—
Sarvopari INC
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1593 Spg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
