Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Medical Office Space
1856 Decherd Blvd Decherd, TN 37324-3655
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0937052
Property summary
AI-generated overview
This 7,500 square foot retail space at 1856 Decherd Blvd, Decherd, TN, is ideally situated on a 0.42-acre lot and benefits from exceptional daily traffic counts of 19,445 vehicles. Previously used as a medical office, the property offers significant potential for a variety of service or retail businesses. The building features two separate entrances, providing flexibility and convenience for customers and staff. Ample parking is available with over 10 spaces on-site. Currently operating as a resale store, this versatile property presents a unique opportunity for an entrepreneur or established business seeking a high-visibility location in a busy area. The asking price is $650,000. The property's size and location make it an attractive investment for those seeking a strong return on investment in a thriving community. The existing infrastructure and convenient access points further enhance its appeal. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area with significant growth potential. Don't miss out on this chance to establish your business in a prime Decherd location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Total area
8,586 SF
Lot
0.32 ac (13,900 SF)
APN
026066A A 00500
UPID
US80-0937052
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
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$686k
Blend (final)
Blend
$525k
Owner & transaction history
Lucretia C Dematteo · 1 yrs held
Lucretia C Dematteo
since 2025
2 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 Decherd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decherd 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$790,000
Change: -12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$725,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$61 / 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
$7,544
Tax year 2022
Assessed value
$289,720
Assessed 2023
Previous assessed
$289,720
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$160,640
Assessed improvement
$129,080
Land market value
$401,600
Improvement market value
$322,700
Total market value
$724,300
Applied tax rate
26.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
3
Total area
8,586 SF
Lot
0.32 ac (13,900 SF)
APN
026066A A 00500
UPID
US80-0937052
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$725,000
RETAIL STORES
AUTO REPAIR, GARAGE
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
1967
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.32 ac
Current owner
From public records · entity-resolved
Lucretia C Dematteo
Individual
Mailing address
6046 WINDHAM LN, HIXSON, TN 37343-2068
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2025
—
Lucretia C Dematteo
Anthony Mario Dematteo
Deed
related
$775,000 · First Vision Bank Of Tennessee
Feb 10, 2014
$8,500
Roger E Rose
Gipson,joel H
Warranty Deed
$45,133 · First Vision Bk/tn
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 1856 Decherd Blvd?
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.
