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Property profile & analytics
OFF-MARKET
Retail space
23 Ct Sq Brownsville, TN 38012-2546
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-1374948
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
2,584 SF
Lot
17.55 ac (764,478 SF)
Zoning code
CB
APN
075F F 02200
UPID
US80-1374948
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
-
KelBell’s Boutique Clothing & Fashion Store
-
Bliss SALON & SPA Hair Salon Nail Salon
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
Robert G Hamilton · 4 yrs held
Robert G Hamilton
since 2022
Last sale
$69,900
6 recorded transactions
Zoning & alternative use
CB · Brownsville, 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 Brownsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownsville 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
Property tax & assessments
Assessed value
$31,000
Assessed 2023
Previous assessed
$31,000
+0.0% YoY
Assessed land
$2,400
Assessed improvement
$28,600
Land market value
$6,000
Improvement market value
$71,500
Total market value
$77,500
Applied tax rate
38.0000
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
1952
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
0
Total area
2,584 SF
Lot
17.55 ac (764,478 SF)
Zoning code
CB
APN
075F F 02200
UPID
US80-1374948
Jurisdiction
HAYWOOD
Zoning & alternative use
CB · Brownsville, TN
Zoning CB · permitted uses
CB · Brownsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
17.55 ac
Current owner
From public records · entity-resolved
Robert G Hamilton
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 1443, BROWNSVILLE, TN 38012-1443
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$69,900
Robert G Hamilton
Ramona A Stevenson
Warranty Deed
—
Oct 21, 2011
—
Ramona A Stevenson
Stevenson,william E
Quit Claim Deed
—
Jan 16, 2002
$47,000
William E Stevenson
Stoots,steve R
Grant Deed
related
—
Oct 14, 1993
$30,000
James W Clarke
Unknown
Grant Deed
—
May 5, 1993
$10,000
J Phil Moses IV
Unknown,
Grant Deed
—
May 9, 1988
$36,500
Glenn Hilbert
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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