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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Grocery and convenience stores
1939 Highland Ave Jackson, TN 38301-7796
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0353133
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,560 SF
Lot
0.86 ac (37,462 SF)
Zoning code
B5
APN
057109J A 01500
UPID
US80-0353133
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
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
-
Bonwood Industrial Park Gas Station
-
BP Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Mandook Properties Investment LLC · 3 yrs held
Mandook Properties Investment LLC
since 2022
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
B5 · Jackson, TN
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$730,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $650k (Nov 7 2022)
Last sale anchor
$650k
Nov 7 2022
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
$468 / 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
$6,912
Tax year 2022
Assessed value
$340,200
Assessed 2023
Previous assessed
$198,360
+71.5% YoY
Effective rate
2.03%
On assessed value
Assessed land
$126,520
Assessed improvement
$213,680
Land market value
$316,300
Improvement market value
$534,200
Total market value
$850,500
Applied tax rate
57.0000
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
1,560 SF
Lot
0.86 ac (37,462 SF)
Zoning code
B5
APN
057109J A 01500
UPID
US80-0353133
Jurisdiction
MADISON
Zoning & alternative use
B5 · Jackson, TNZoning B5 · permitted uses
B5 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CITY OF JACKSON
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Mandook Properties Investment LLC
Entity
Mailing address
1939 S HIGHLAND AVE, JACKSON, TN 38301-7796
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
$650,000
Mandook Properties Investment LLC
Aar Investments LLC
Warranty Deed
$1,040,844 · The Bank Of Fayette County
Dec 4, 2017
—
Aar Investments LLC
—
Deed
related
$391,000 · Planters Bk
Jul 9, 2012
—
Aar Investments LLC
Amas INC
Quit Claim Deed
related
$611,960 · First South Bank
Apr 8, 1996
—
Junction Sportsmans
—
Deed Of Trust
related
—
May 4, 1995
—
Bobby Long
—
Deed Of Trust
related
—
Nov 10, 1989
$245,000
Bobby J Dudley
Unknown
Grant Deed
—
—
—
Amas INC
—
Deed Of Trust
related
$10,000 · First South Bank
—
—
Amas INC
—
Deed Of Trust
related
$241,600 · First South Bank
—
—
Amas INC
—
Deed Of Trust
related
$816,620 · First South Bank
—
—
Aar Investments LLC
—
Deed Of Trust
related
$391,000 · Planters Bk
—
—
Amas INC
—
Deed Of Trust
related
$25,000 · First South Bank
—
—
Amas INC
—
Deed Of Trust
related
$261,500 · First South Bank
—
—
Sama LLC
—
Deed Of Trust
related
$261,500 · First South Bank
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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