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Property profile

16295 Us Hwy 64th 16315 Somerville, TN 38068

OFF-MARKET
Retail space
Property ID
US80-1782278
5,900 SF 0.64 ac lot Built 1964
Last sale Jul 1993 · $600
Individually Owned Owner of record is an individual. 33-yr Hold Held for 33 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multi-tenant retail property occupies a corner lot and consists of three separate commercial buildings totaling approximately 8,864 square feet, arranged in building dimensions of approximately 50 by 114, 82 by 32, and 36 by 16 feet. The largest building is about 5,700 square feet and has historically been used as a retail western store and includes off-street parking. A second building of about 2,624 square feet is suited for retail storefront use and has historically been used as a…

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$89k
Assessed land$27k
Assessed improvement$61k

Value estimate

· Oct 2026
$635k
$572k – $699k
Submarket $/SF estimate$728k

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

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$32 – $219
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?
B2
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.5
Building Supply10.5
Auto Parts Store10.0

Location

16295 Us Hwy 64th, Unit 16315 Somerville, TN 38068-6154
County assessor Recorded deeds · 1 transfer 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
16925 Us Hwy 64, Somerville, TN 38068-6159 $10,000 Feb 2026 6,000 SF
17675 Us Hwy 64, Somerville, TN 38068-6193 $410,000 Dec 2025 5,200 SF
13092 Main, Somerville, TN 38068-1421 $210,000 Aug 2021 5,250 SF
401 Midland, Somerville, TN 38068-1649 $45,000 Aug 2019 6,964 SF
16330 Us Hwy 64, Somerville, TN 38068-6152 $168,000 Dec 2018 5,832 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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