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Property profile & analytics
OFF-MARKET
Retail space
210 Washington Ave Cookeville, TN 38501-2642
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1868681
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Total area
1,512 SF
Lot
0.33 ac (14,309 SF)
Zoning code
C2
APN
071053C L 02000
UPID
US80-1868681
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
Randel Wallace · 5 yrs held
Randel Wallace
since 2020
Last sale
$328,000
4 recorded transactions
Zoning & alternative use
C2 · Cookeville, 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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$2,401
Tax year 2022
Assessed value
$71,480
Assessed 2023
Previous assessed
$72,920
-2.0% YoY
Effective rate
3.36%
On assessed value
Assessed land
$41,600
Assessed improvement
$29,880
Land market value
$104,000
Improvement market value
$74,700
Total market value
$178,700
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
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
1968
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,512 SF
Lot
0.33 ac (14,309 SF)
Zoning code
C2
APN
071053C L 02000
UPID
US80-1868681
Jurisdiction
PUTNAM
Zoning & alternative use
C2 · Cookeville, TNZoning C2 · permitted uses
C2 · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Supplemental Regulations
Building & site characteristics
From public records
Year built
1968
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Randel Wallace
Individual
Mailing address
204 N WASHINGTON AVE, COOKEVILLE, TN 38501-2642
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
—
Randel Wallace
Twentyone Seven Family Ptshp
Quit Claim Deed
related
$280,500 · First Horizon Bk
Jan 10, 2020
—
Twentyone Seven Family Ptshp
Randel Wallace
Quit Claim Deed
related
—
Mar 7, 2012
$200,000
Hugh Bailey & Associates PLLC
Owen Gladys S 1987 Trust
Warranty Deed
—
Sep 15, 1993
$75,000
Terry Horace L Etal
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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