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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office Spaces
2300 Washington Ave Brownsville, TN 38012-1607
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1792150
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1974
Construction
FRAME
Total area
3,132 SF
Lot
5.3 ac (230,868 SF)
Zoning code
GC
APN
067 01303
UPID
US80-1792150
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
-
hatcher autoplex service Auto Repair Shop
-
Hatcher Autoplex Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$503k
Blend (final)
Blend
$515k
Owner & transaction history
Hatcher Sales & Rentals LLC · 3 yrs held
Hatcher Sales & Rentals LLC
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
GC · 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
Method
Estimation
Statistic approach
$665,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $500k (Mar 2 2023)
Last sale anchor
$500k
Mar 2 2023
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
$164 / 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
Property tax & assessments
Assessed value
$166,560
Assessed 2023
Previous assessed
$166,560
+0.0% YoY
Assessed land
$42,400
Assessed improvement
$124,160
Land market value
$106,000
Improvement market value
$310,400
Total market value
$416,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
1
Bathrooms
4
Total area
3,132 SF
Lot
5.3 ac (230,868 SF)
Zoning code
GC
APN
067 01303
UPID
US80-1792150
Jurisdiction
HAYWOOD
Zoning & alternative use
GC · Brownsville, TN
Zoning GC · permitted uses
GC · 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
1974
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
4
Lot
5.3 ac
Current owner
From public records · entity-resolved
Hatcher Sales & Rentals LLC
Entity
Mailing address
1891 BRENT CV, CORDOVA, TN 38016-3559
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2023
$500,000
Hatcher Sales & Rentals LLC
Sandeep Gadhok
Warranty Deed
—
Sep 23, 2022
—
Sandeep Gadhok
—
Deed
related
$825,000 · Simmons Bank
Sep 30, 2019
$350,000
Sandeep Gadhok
Donald Hatcher
Warranty Deed
$280,000 · Bank Of Fayette Cnty
Feb 19, 2019
—
Hatcher Chevrolet Buick Gmc In
—
Deed
related
$890,000 · Brighton Bk
Jun 30, 1993
$300,000
James Donald Hatcher
Unknown
Grant Deed
—
—
—
Hatcher Chevrolet Buick Gmc In
—
Deed Of Trust
related
$890,000 · Brighton Bk
—
—
James D Hatcher
—
Deed Of Trust
related
$350,000 · Brighton Bank
—
—
James D Hatcher
—
Deed Of Trust
related
$800,000 · Brighton Bank
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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