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Property profile & analytics
OFF-MARKET
Auto shops
253 Park St Hohenwald, TN 38462-1147
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0142409
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,416 SF
Lot
0.8 ac (34,880 SF)
Zoning code
C-2
APN
051035P A 02700
UPID
US80-0142409
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
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
Blanchard,carol L · 20 yrs held
Blanchard,carol L
since 2006
2 recorded transactions
Zoning & alternative use
C-2 · Hohenwald, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to provide for a wide range of retail, office, amusement and service uses, characterized by the pedestrian oriented atmosphere, in addition, this district provides for governmental uses, community facilities and utilities necessary to serve the district of which are required for the general community welfare
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
89.71 ac
Source
Realmo
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 Hohenwald submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hohenwald 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
$99,280
Assessed 2023
Previous assessed
$99,280
+0.0% YoY
Assessed land
$20,920
Assessed improvement
$78,360
Land market value
$52,300
Improvement market value
$195,900
Total market value
$248,200
Applied tax rate
51.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
10,416 SF
Lot
0.8 ac (34,880 SF)
Zoning code
C-2
APN
051035P A 02700
UPID
US80-0142409
Jurisdiction
LEWIS
Zoning & alternative use
C-2 · Hohenwald, TNZoning C-2 · permitted uses
C-2 · Hohenwald, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to provide for a wide range of retail, office, amusement and service uses, characterized by the pedestrian oriented atmosphere, in addition, this district provides for governmental uses, community facilities and utilities necessary to serve the district of which are required for the general community welfare
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
89.71 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Blanchard,carol L
Individual
Free & Clear · 20 yrs held
Mailing address
182 CULBERSON RD, HOHENWALD, TN 38462-3408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
May 19, 2006
$48,800
Blanchard,carol L
Davis,wilburn & Roxie
Warranty Deed
—
Sep 19, 2003
$50,000
Floyd Culberson
Bunch,terry Etal
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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