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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Commercial real estate
160 Cypress Ave Selmer, TN 38375-2152
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-1132994
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Total area
19,250 SF
Lot
3.44 ac (149,846 SF)
Zoning code
B2
APN
055089F B 01900
UPID
US80-1132994
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
-
Shackelford Funeral Directors Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.74M
Owner & transaction history
Plc Tn Assets LLC · 3 yrs held
Plc Tn Assets LLC
since 2022
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
B2 · Selmer, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
MunicipalCodes
Top alternative use upside
Retail stores
$1.6M
+45.5%
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 Selmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selmer 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
$1,685,000
ML approach
$1,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,075,000
Current use
RETAIL STORES
$1,560,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±10% · vs last sale $1.88M (Sep 14 2022)
Last sale anchor
$1.88M
Sep 14 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
$90 / 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
$6,353
Tax year 2022
Assessed value
$288,600
Assessed 2023
Previous assessed
$288,600
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$45,400
Assessed improvement
$243,200
Land market value
$113,500
Improvement market value
$608,000
Total market value
$721,500
Applied tax rate
55.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1972
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
3
Total area
19,250 SF
Lot
3.44 ac (149,846 SF)
Zoning code
B2
APN
055089F B 01900
UPID
US80-1132994
Jurisdiction
MCNAIRY
Zoning & alternative use
B2 · Selmer, TNZoning B2 · permitted uses
B2 · Selmer, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MunicipalCodes
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1972
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
3
Lot
3.44 ac
Current owner
From public records · entity-resolved
Plc Tn Assets LLC
Entity
Free & Clear · 3 yrs held
Mailing address
16801 GREENSPOINT PARK DR STE #376, HOUSTON, TX 77060-2310
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
Sep 14, 2022
—
Plc Tn Assets LLC
Shackelford Rentals INC
Quit Claim Deed
related
—
Sep 12, 2022
$1,884,128
Plc Tn Assets LLC
Shackelford Rentals INC
Special Warranty Deed
—
Oct 1, 2019
—
Shackelford Rentals INC
—
Deed
related
$1,450,000 · Home Bkng
Apr 22, 2014
$125,000
Shackelford Cremation Svcs INC
Shackelford Rentals INC
Warranty Deed
related
—
—
—
Shackelford Rentals INC
—
Deed Of Trust
related
$1,450,000 · Home Bkng
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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