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Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Retail space
222 Thompsonville Ln Oak Grove, KY 42262-8250
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US34-0494200
Property summary
AI-generated overview
The Shoppes at Oak Grove offers a prime retail opportunity in a bustling strip center. This single-story, 36,770 square foot Class C building, constructed in 2008, sits on a 5.04-acre lot and boasts 55 parking spaces. Currently, there are 7,267 square feet of vacant space available, divisible to a minimum of 2,267 square feet. The flexible space is ideal for various retail uses, including the existing gym tenant. The property is conveniently located on Ft. Campbell Blvd, providing excellent visibility and accessibility. The zoning is B1. The building is ready for immediate occupancy, with the existing space stripped down and prepared for a new tenant's buildout. Landlord is open to providing tenant improvements based on the tenant's needs. This presents a unique chance to establish a business in a high-traffic area, adjacent to a major retailer like Walmart. The property's size and location make it an attractive investment for businesses seeking a strong foothold in a thriving market. Don't miss this opportunity to secure your space in this established retail center.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
36,770 SF
Lot
5.04 ac (219,542 SF)
APN
145-00 00 014.03
UPID
US34-0494200
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
-
Dollar Tree Discount Store
-
Truist - ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.25M
Blend (final)
Blend
$3.26M
Owner & transaction history
P & M Investment Co 1 LLC · 10 yrs held
P & M Investment Co 1 LLC
since 2015
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+12.0%
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 Oak Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Grove 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,375,000
Current use
OFFICE BUILDING
$2,660,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$3.26M
Range $2.93M – $3.58M · ±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
$89 / 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
$23,993
Tax year 2023
Assessed value
$3,075,000
Assessed 2023
Previous assessed
$2,900,000
+6.0% YoY
Effective rate
0.78%
On assessed value
Total market value
$3,075,000
Applied tax rate
3.0000
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
2008
Heating
YES
Cooling
YES
Stories
1
Total area
36,770 SF
Lot
5.04 ac (219,542 SF)
APN
145-00 00 014.03
UPID
US34-0494200
Jurisdiction
CHRISTIAN
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
RETAIL STORES Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES Current
OFFICE 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
2008
Heating
YES
Cooling
Yes
Stories
1
Lot
5.04 ac
Current owner
From public records · entity-resolved
P & M Investment Co 1 LLC
Entity
Mailing address
2 BUCKLAND ABBEY, NASHVILLE, TN 37215-4117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2015
$2,900,000
P & M Investment Co 1 LLC
Ibp 1 LLC
Grant Deed
$975,000 · Pinnacle Bk/schuyler
Jun 26, 2014
—
Ibp 1 LLC
Shoppes At Oak Grove LLC
Deed In Lieu Of Foreclosure
related
—
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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