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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2655 Highland Ave, Jackson, TN 38305-1845
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US80-0065797
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,296 SF
Lot
0.39 ac (16,988 SF)
Zoning code
B4
APN
057055D A 02200
UPID
US80-0065797
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
-
MARATHON Gas Station
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
Apple One LLC · 20 yrs held
Apple One LLC
since 2006
7 recorded transactions
Zoning & alternative use
B4 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$3,424
Tax year 2022
Assessed value
$98,240
Assessed 2023
Previous assessed
$98,240
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$31,200
Assessed improvement
$67,040
Land market value
$78,000
Improvement market value
$167,600
Total market value
$245,600
Applied tax rate
57.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,296 SF
Lot
0.39 ac (16,988 SF)
Zoning code
B4
APN
057055D A 02200
UPID
US80-0065797
Jurisdiction
MADISON
Zoning & alternative use
B4 · Jackson, TN
Zoning B4 · permitted uses
B4 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Apple One LLC
Entity
Mailing address
1020 NA MAIN ST, MILAN, TN 38358
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
—
Apple One LLC
—
Deed
related
$120,000 · First Citizens National Bank
Apr 2, 2018
—
Apple One LLC
—
Deed
related
—
Jan 10, 2006
$1,147,377
Apple One LLC
Travelers Mart LLC
Warranty Deed
$941,195 · Community Bank & Trust Co
Oct 21, 1993
$69,175
State Of Tennessee
Unknown
Grant Deed
—
—
—
Apple One LLC
—
Deed Of Trust
related
$70,000 · American Com'l Lndg
—
—
Apple One LLC
—
Deed Of Trust
related
$100,000 · American Com'l Holdings LLC
—
—
Apple One LLC
—
Deed Of Trust
related
$125,000 · Willoughby INC
—
—
Apple One LLC
—
Deed Of Trust
related
$1,025,000 · First Citizens National Bank
—
—
Apple One LLC
—
Loan Modification
related
—
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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