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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Grocery and convenience stores
1864 Hwy 48th N Dickson, TN 37055-1000
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-2008270
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
FRAME
Total area
3,746 SF
Lot
1.52 ac (66,211 SF)
APN
103L B 01202
UPID
US80-2008270
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
$950k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$700k
Owner & transaction history
Randal Dickson Ptshp · 6 yrs held
Randal Dickson Ptshp
since 2020
Last sale
$710,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$600,000
+34.1%
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 Dickson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dickson 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
$950,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
RETAIL STORES
$450,000
Current use
COMMERCIAL (GENERAL)
$600,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $710k (Jan 9 2020)
Last sale anchor
$710k
Jan 9 2020
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
$187 / 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
$7,851
Tax year 2022
Assessed value
$251,360
Assessed 2023
Previous assessed
$251,360
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$125,120
Assessed improvement
$126,240
Land market value
$312,800
Improvement market value
$315,600
Total market value
$628,400
Applied tax rate
22.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
3
Total area
3,746 SF
Lot
1.52 ac (66,211 SF)
APN
103L B 01202
UPID
US80-2008270
Jurisdiction
DICKSON
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 Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$600,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1983
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
3
Lot
1.52 ac
Current owner
From public records · entity-resolved
Randal Dickson Ptshp
Individual
Mailing address
1022 RIDGLEA DR, BURNS, TN 37029-5254
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
—
Randal Dickson Ptshp
—
Deed
related
$600,000 · Cb&s Bk
Jan 9, 2020
—
Randal Dickson Ptshp
Jay Khamlay INC
Quit Claim Deed
related
—
Jun 19, 2008
$710,000
Jay Khamlay INC
Sonal Investments INC
Warranty Deed
$410,000 · Community First Bank
Aug 3, 2005
$651,000
Sonal Investments INC
Shree Sai LLC
Warranty Deed
$430,000 · Firstbank NA
Oct 29, 2004
$460,100
Shree Sai LLC
Shree Sai LLC
Warranty Deed
related
$465,000 · Firstbank NA
Nov 13, 2003
—
Pit Bull Properties
Mucerino,frank J
Grant Deed
related
—
Aug 12, 2003
$127,000
Dhs Tennessee
Mid American Oil
Grant Deed
—
Nov 6, 1998
$720,000
Mid American Oil INC
Luter,sam G & Jo
Grant Deed
—
—
—
Jay Khamlay INC
—
Loan Modification
related
—
—
—
Randal Dickson Ptshp
—
Deed Of Trust
related
$600,000 · Cb&s Bk
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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