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Property profile & analytics
OFF-MARKET
Retail space
198 3rd St Henderson, TN 38340-1826
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US80-1354783
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
868 SF
Lot
7.82 ac (340,639 SF)
Zoning code
M1
APN
012033K B 00101
UPID
US80-1354783
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
-
Chester County Grain Feed Store Warehouse & Storage
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
Chester County Grain INC · 13 yrs held
Chester County Grain INC
since 2013
7 recorded transactions
Zoning & alternative use
M1 · Henderson, 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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$3,197
Tax year 2023
Assessed value
$128,600
Assessed 2023
Previous assessed
$128,600
+0.0% YoY
Effective rate
2.49%
On assessed value
Land market value
$39,100
Improvement market value
$282,400
Total market value
$321,500
Applied tax rate
326.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
1
Bathrooms
0
Total area
868 SF
Lot
7.82 ac (340,639 SF)
Zoning code
M1
APN
012033K B 00101
UPID
US80-1354783
Jurisdiction
CHESTER
Zoning & alternative use
M1 · Henderson, TN
Zoning M1 · permitted uses
M1 · Henderson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Henderson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
0
Lot
7.82 ac
Current owner
From public records · entity-resolved
Chester County Grain INC
Entity
Mailing address
198 W 3RD ST, HENDERSON, TN 38340-1826
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
—
Chester County Grain INC
—
Deed
related
$3,410,000 · First Southern Bank
Dec 6, 2021
—
Chester County Grain INC
—
Deed
related
$8,000,000 · First Southern Bank
Nov 2, 2020
—
Chester County Grain INC
—
Deed
related
$868,268 · First Bk
Nov 1, 2019
—
Chester County Grain INC
—
Deed
related
$868,268 · First Bk
Nov 5, 2018
—
Chester County Grain INC
—
Loan Modification, Consolidation And Extension
related
$5,000,000 · First Bk
Nov 6, 2017
—
Chester County Grain INC
—
Loan Modification
related
$5,000,000 · First Bk
Nov 7, 2016
—
Chester County Grain INC
—
Deed
related
$868,628 · First Bk
Nov 5, 2014
—
Chester County Grain INC
—
Loan Modification
related
$5,000,000 · First Bk
Feb 5, 2013
—
Chester County Grain INC
Pickens,marvin
Quit Claim Deed
related
—
Nov 15, 2012
—
Chester County Grain INC
—
Deed Of Trust
related
$1,500,000 · First Bank
Oct 8, 2008
—
Chester County Grain INC
—
Loan Modification
related
$2,000,000 · First Bk/champaign
Jan 26, 2006
—
Chester County Grain INC
—
Trustees Deed
related
$2,000,000 · Firstbank/w Mi
—
—
Chester County Grain INC
—
Loan Modification
related
$868,268 · First Bk
—
—
Chester County Grain INC
—
Loan Modification
related
$868,628 · First Bk
—
—
Chester County Grain INC
—
Loan Modification
related
$868,268 · First 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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