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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Commercial real estate
226 Headden Dr Ridgely, TN 38080-1638
Individually Owned
Free & Clear
Property ID
US80-3550319
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Total area
3,600 SF
Lot
0.21 ac (9,148 SF)
APN
057 03500
UPID
US80-3550319
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
-
Death Metal Racing Auto Parts Store Motorcycle Shop
-
Boosted Brad's Chop Shop Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Brad Barnes
Brad Barnes
since 2025
Last sale
$5,024
7 recorded transactions
Zoning & alternative use
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 Ridgely submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgely 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
$167 / 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
$1,878
Tax year 2023
Assessed value
$36,240
Assessed 2023
Previous assessed
$36,240
+0.0% YoY
Effective rate
5.18%
On assessed value
Assessed land
$3,160
Assessed improvement
$33,080
Land market value
$7,900
Improvement market value
$82,700
Total market value
$90,600
Applied tax rate
48.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,600 SF
Lot
0.21 ac (9,148 SF)
APN
057 03500
UPID
US80-3550319
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2014
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Brad Barnes
Individual
Free & Clear · 0 yrs held
Mailing address
226 S HEADDEN DR, RIDGELY, TN 38080-1638
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Oct 14, 2025
$5,024
Brad Barnes
The City Of Ridgely
Warranty Deed
—
Oct 15, 2018
—
Brad Barnes
Sutton,mac
Quit Claim Deed
related
—
Oct 15, 2018
$85,000
Brad Barnes
Sutton,mac
Warranty Deed
—
Mar 5, 2009
$40,000
Mac Sutton
Merle Smith
Deed
$31,077 · Reelfoot Bank
Jul 10, 2007
$55,100
Smith,merle
Johnson,patrick D & Linda K
Warranty Deed
$23,046 · Bancorpsouth
Aug 11, 2005
$55,000
Johnson,patrick D & Linda K
Smith,merle
Warranty Deed
$57,418 · Bancorpsouth
Aug 9, 2005
—
Smith,merle D
Bates,mike & Lavon
Quit Claim Deed
related
—
Jun 1, 1998
$68,000
Peal,betty Jane & Doris Lynn
—
Grant Deed
related
—
—
—
Mac Sutton
—
Loan Modification
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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