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Property profile & analytics
OFF-MARKET
Office Spaces
207 Commercial Ave Monterey, TN 38574-1109
Individually Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1243659
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Total area
1,920 SF
Lot
0.33 ac (14,250 SF)
Zoning code
COMM
APN
071048O D 00300
UPID
US80-1243659
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Roseanne Ellis · 24 yrs held
Roseanne Ellis
since 2001
5 recorded transactions
Zoning & alternative use
COMM · Monterey, 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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,494
Tax year 2022
Assessed value
$39,000
Assessed 2023
Previous assessed
$39,000
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$9,600
Assessed improvement
$29,400
Land market value
$24,000
Improvement market value
$73,500
Total market value
$97,500
Applied tax rate
71.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1995
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,920 SF
Lot
0.33 ac (14,250 SF)
Zoning code
COMM
APN
071048O D 00300
UPID
US80-1243659
Jurisdiction
PUTNAM
Zoning & alternative use
COMM · Monterey, TN
Zoning COMM · permitted uses
COMM · Monterey, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monterey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Roseanne Ellis
Individual
Free & Clear · 24 yrs held
Mailing address
621 CALLAHAN RD, MONTEREY, TN 38574-3511
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2001
$60,000
Roseanne Ellis
Parrott,jack & P
Grant Deed
—
Aug 22, 1994
$15,500
Jack P Parrott
Unknown,
Grant Deed
—
Aug 30, 1991
$17,000
Carolyn Mcdonald
Unknown
Grant Deed
—
Dec 28, 1988
$15,100
Brilla D Garrett
Unknown,
Grant Deed
—
Nov 21, 1988
$15,100
Marace J Matheney SR
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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