New search
Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Office Spaces
2140 Riley Crk Rd Normandy, TN 37360-3021
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-0597786
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Total area
8,154 SF
Lot
8.04 ac (350,222 SF)
APN
016106 03800
UPID
US80-0597786
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
-
Rural Solid Waste County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$927k
Blend (final)
Blend
$945k
Owner & transaction history
Charles E Moulton JR · 3 yrs held
Charles E Moulton JR
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+79.9%
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 Normandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Normandy 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
$860,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$840,000
Current use
RESTAURANT
$1,510,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$735,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$695,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $950k (Sep 8 2022)
Last sale anchor
$950k
Sep 8 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
$116 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,370
Tax year 2023
Assessed value
$187,475
Assessed 2023
Previous assessed
$90,500
+107.2% YoY
Effective rate
2.33%
On assessed value
Assessed land
$15,925
Assessed improvement
$171,550
Land market value
$63,700
Improvement market value
$686,200
Total market value
$749,900
Applied tax rate
16.0000
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
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
6
Total area
8,154 SF
Lot
8.04 ac (350,222 SF)
APN
016106 03800
UPID
US80-0597786
Jurisdiction
COFFEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$840,000
RESTAURANT
Est. value
$1.5M
RETAIL STORES
Est. value
$735,000
MEDICAL BUILDING
Est. value
$695,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
1995
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
6
Lot
8.04 ac
Current owner
From public records · entity-resolved
Charles E Moulton JR
Individual
Free & Clear · 3 yrs held
Mailing address
2140 RILEY CRK RD, NORMANDY, TN 37360-3021
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$950,000
Charles E Moulton JR
Barry F Keatts
Warranty Deed
—
Nov 2, 2020
—
Bedford Poultry Farms INC
—
Deed
related
$4,075,000 · Farm Credit Svcs
Dec 15, 2017
—
Barry F Keatts
—
Deed
related
$101,600 · Peoples Bk/middle Tn
Aug 30, 2017
$255,000
Barry F Keatts
3d Financial
Warranty Deed
$206,709 · Farm Credit Svcs
Sep 30, 2003
$210,000
D Financial General Part
Board Of Educati
Grant Deed
related
—
Feb 20, 2003
$5,000
Stephen H Bills
Coffee Co Board
Grant Deed
—
—
—
Bills,stephen H & Margaret P
—
Deed Of Trust
related
$150,000 · Regions Bk/fayette
—
—
Barry F Keatts
—
Deed Of Trust
related
$101,600 · Peoples Bk/middle Tn
—
—
Bedford Poultry Farms INC
—
Deed Of Trust
related
$4,075,000 · Farm Credit Svcs
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2140 Riley Crk Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
