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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Grocery and convenience stores
201 Main St Hohenwald, TN 38462-1313
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-1002862
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1974
Total area
6,080 SF
Lot
0.47 ac (20,640 SF)
Zoning code
C-2
APN
051036M F 02100
UPID
US80-1002862
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
-
Junior Food Mart Grocery & Convenience Store
-
Krispy Krunchy Chicken Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$503k
Blend (final)
Blend
$500k
Owner & transaction history
Satish Meva · 9 yrs held
Satish Meva
since 2016
3 recorded transactions
Zoning & alternative use
C-2 · Hohenwald, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to provide for a wide range of retail, office, amusement and service uses, characterized by the pedestrian oriented atmosphere, in addition, this district provides for governmental uses, community facilities and utilities necessary to serve the district of which are required for the general community welfare
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
89.71 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$425,000
+24.0%
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 Hohenwald submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hohenwald 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$340,000
Current use
COMMERCIAL (GENERAL)
$425,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$82 / 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
Property tax & assessments
Assessed value
$162,640
Assessed 2023
Previous assessed
$162,640
+0.0% YoY
Assessed land
$23,960
Assessed improvement
$138,680
Land market value
$59,900
Improvement market value
$346,700
Total market value
$406,600
Applied tax rate
51.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1974
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
6,080 SF
Lot
0.47 ac (20,640 SF)
Zoning code
C-2
APN
051036M F 02100
UPID
US80-1002862
Jurisdiction
LEWIS
Zoning & alternative use
C-2 · Hohenwald, TNZoning C-2 · permitted uses
C-2 · Hohenwald, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to provide for a wide range of retail, office, amusement and service uses, characterized by the pedestrian oriented atmosphere, in addition, this district provides for governmental uses, community facilities and utilities necessary to serve the district of which are required for the general community welfare
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
89.71 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$340,000
COMMERCIAL (GENERAL)
Est. value
$425,000
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
1974
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Satish Meva
Individual
Mailing address
8012 PUDDLEDUCK LN, SPRING HILL, TN 37174-0600
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2016
$445,000
Satish Meva
Bhupendra Patel
Warranty Deed
$356,000 · Heritage Bank & Trust
Oct 8, 1997
$275,000
Jerry Kenneth Crowell II
—
Grant Deed
related
—
May 25, 1994
$220,000
Marty Spears
Unknown
Grant Deed
—
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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