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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office Spaces
1838 State Hwy 11th N Sweetwater, TN 37874-1862
Entity Owned
Free & Clear
Property ID
US80-2362669
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Total area
5,848 SF
Lot
3 ac (130,680 SF)
Zoning code
R-1
APN
062015 18304
UPID
US80-2362669
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$510k
Owner & transaction history
KYKER ENTERPRISES INC
KYKER ENTERPRISES INC
Zoning & alternative use
R-1 · Sweetwater, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
14-306. R-1 Low density residential district . This district is established to provide for lower density residential options. Within the R-1 Low density residential district, as sh own on the "Zoning Map Sweetwater, Tennessee," the following regulations and other applicable provisions of this zoning code shall apply. (1) Uses permitted . (a) Detached single-…
Zone name
Low Density Residential District
General category
RESIDENTIAL
Zone area
2,296.40 ac
Source
planning 55 1118555470
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$87 / 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
$4,629
Tax year 2022
Assessed value
$156,120
Assessed 2023
Previous assessed
$127,880
+22.1% YoY
Effective rate
2.97%
On assessed value
Assessed land
$22,080
Assessed improvement
$134,040
Land market value
$55,200
Improvement market value
$335,100
Total market value
$390,300
Applied tax rate
62.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
5,848 SF
Lot
3 ac (130,680 SF)
Zoning code
R-1
APN
062015 18304
UPID
US80-2362669
Jurisdiction
MONROE
Zoning & alternative use
R-1 · Sweetwater, TNZoning R-1 · permitted uses
R-1 · Sweetwater, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
14-306. R-1 Low density residential district . This district is established to provide for lower density residential options. Within the R-1 Low density residential district, as sh own on the "Zoning Map Sweetwater, Tennessee," the following regulations and other applicable provisions of this zoning code shall apply. (1) Uses permitted . (a) Detached single-family dwellings and accessory apartments. A second single-family dwelling may be constructed on a parcel provided such parcel is larger than fifteen (15) acres, is an active farm, and is enrolled in the greenbelt program. (b) Customary home occupations, provided the conditions in
Zone name
Low Density Residential District
General category
RESIDENTIAL
Zone area
2,296.40 ac
Source
planning 55 1118555470
Building & site characteristics
From public records
Year built
1986
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
3 ac
Current owner
From public records · entity-resolved
KYKER ENTERPRISES INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 309, SWEETWATER, TN 37874-0309
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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