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Property profile & analytics
OFF-MARKET
Office Spaces
1820 Hamill Rd Hixson, TN 37343-4907
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0077317
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1993
Total area
1,680 SF
Lot
0.17 ac (7,600 SF)
Zoning code
C2
APN
110I J 025
UPID
US80-0077317
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
-
DMS Mapping & Engineering Land Surveyor
-
Hampton House Studios, Inc. Artist
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
Barry Payne Development LLC · 1 yrs held
Barry Payne Development LLC
since 2025
Last sale
$935,000
7 recorded transactions
Zoning & alternative use
C2 · Hixson, 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 Hixson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hixson 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,649
Tax year 2023
Assessed value
$73,720
Assessed 2023
Previous assessed
$73,720
+0.0% YoY
Effective rate
2.24%
On assessed value
Land market value
$98,600
Improvement market value
$85,700
Total market value
$184,300
Applied tax rate
1.0000
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
1993
Heating
YES
Stories
1
Total area
1,680 SF
Lot
0.17 ac (7,600 SF)
Zoning code
C2
APN
110I J 025
UPID
US80-0077317
Jurisdiction
HAMILTON
Zoning & alternative use
C2 · Hixson, TN
Zoning C2 · permitted uses
C2 · Hixson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hixson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
YES
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Barry Payne Development LLC
Entity
Mailing address
1820 HAMILL RD, HIXSON, TN 37343-4907
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jan 9, 2025
$935,000
Barry Payne Development LLC
Metro Sewer And Drain INC
Warranty Deed
—
Mar 6, 2020
—
Cameron Farms LLC
Alan Cameron
Quit Claim Deed
related
—
Jul 2, 2019
—
Carl L Biggs
—
Deed
related
$232,835 · Southeast Bk
Nov 21, 2014
—
Ralph Mathews
Mathews,ralph
Quit Claim Deed
related
—
Feb 8, 2010
—
Ralph Mathews
Mathews,david
Quit Claim Deed
related
—
Apr 4, 2007
$607,500
Gvh Shall-jen Associates
Thomas,donald W & Joan E
Warranty Deed
—
Apr 4, 2007
—
Gvh Shall-jen Associates
First Baptist Church Lakeview
Quit Claim Deed
related
—
Apr 4, 2007
$67,500
Gvh Shall-jen Associates
First Baptist Church Lakeview
Warranty Deed
—
Feb 1, 1993
$9,000
David Mathews
Unknown
Grant Deed
—
—
—
Carl L Biggs
—
Loan Modification
related
$232,835 · Southeast Bk
—
—
Ralph Mathews
—
Deed Of Trust
related
$192,000 · Capitalmark Bank & Trust
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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