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Property profile & analytics
OFF-MARKET
Office buildings
244 Lowry St Smyrna, TN 37167-2529
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0860822
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
1,812 SF
Lot
0.27 ac (11,805 SF)
Zoning code
C-3
APN
028E-B-001.02-000
UPID
US80-0860822
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
-
Tennessee Auto Insurance Agency Insurance Agency
-
The Green Door (Bike/Boat/Book/etc) Store Alternative Medicine Practice
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
B & G Properties Jv · 9 yrs held
B & G Properties Jv
since 2017
7 recorded transactions
Zoning & alternative use
C-3 · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$144,720
Assessed 2024
Previous assessed
$144,720
+0.0% YoY
Assessed land
$59,920
Assessed improvement
$84,800
Land market value
$149,800
Improvement market value
$212,000
Total market value
$361,800
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Bathrooms
5
Total area
1,812 SF
Lot
0.27 ac (11,805 SF)
Zoning code
C-3
APN
028E-B-001.02-000
UPID
US80-0860822
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-3 · Smyrna, TN
Zoning C-3 · permitted uses
C-3 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Bathrooms
5
Lot
0.27 ac
Current owner
From public records · entity-resolved
B & G Properties Jv
Entity
Mailing address
2975 SPANNTOWN RD, ARRINGTON, TN 37014-9137
Ownership since
2017
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
Apr 24, 2017
$275,000
B & G Properties Jv
Sarfehjoo,mohsen
Warranty Deed
$233,750 · Ascend FCU
Aug 15, 2016
$229,950
Mohsen Sarfehjoo
Rutherford Cnty Farm Bureau In
Warranty Deed
—
Jun 26, 1998
—
Snezana Von Krosigk
—
Deed Of Trust
related
—
Feb 10, 1998
$200,000
Tenn Global Investments
Tenn,global Inve
Grant Deed
related
—
May 19, 1992
$140,000
Debbie Demonbreun
Unknown
Grant Deed
—
Nov 3, 1989
$145,000
Joe D Cook
Unknown,
Grant Deed
—
May 17, 1989
$150,000
Randall E Crownover
Unknown,
Grant Deed
—
Apr 6, 1988
$30,000
Ron Penny Ricker
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.
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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