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Property profile & analytics
OFF-MARKET
Retail space
2573 Hwy 283 Whitwell, TN 37397-5687
Individually Owned
~
Est. High Equity
Property ID
US80-3404788
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
1,510 SF
Lot
0.69 ac (30,000 SF)
APN
058050L A 00600
UPID
US80-3404788
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
J Shane Bray
J Shane Bray
since 2025
Last sale
$175,000
5 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 Whitwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitwell 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 2022Property tax & assessments
Tax year 2022
Tax billed
$913
Tax year 2022
Assessed value
$51,880
Assessed 2023
Previous assessed
$51,880
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$17,120
Assessed improvement
$34,760
Land market value
$42,800
Improvement market value
$86,900
Total market value
$129,700
Applied tax rate
58.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,510 SF
Lot
0.69 ac (30,000 SF)
APN
058050L A 00600
UPID
US80-3404788
Jurisdiction
MARION
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
1997
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
J Shane Bray
Individual
Mailing address
275 S SPRUCE ST, WHITWELL, TN 37397-5214
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
$185,000
J Shane Bray
Citizens Tri-county Bank
Special Warranty Deed
$148,000 · Citizens Tri-county Bank
Aug 22, 2024
$175,000
Citizens Tri-county Bank
L Thomas Austin
Deed
—
Nov 3, 2022
$175,000
Lindsey K Davis
Patricia A Henry
Warranty Deed
$175,000 · Citizens Tri-county Bank
Apr 20, 2015
$110,000
Patricia A Henry
Alma Young Smith
Warranty Deed
$70,000 · Mountain Valley Bank
Feb 21, 2007
$175,000
Fairy Young
Long,brenda S
Warranty Deed
$178,500 · Citizens Tri County 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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