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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Retail space
2908 Huntsville Hwy Fayetteville, TN 37334-6687
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0023007
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
FRAME
Total area
12,920 SF
Lot
3.73 ac (162,479 SF)
APN
126 05301
UPID
US80-0023007
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
-
Fayetteville Cycle Motorcycle Shop
-
Fayetteville Outdoor Sports (Bike/Boat/Book/etc) Store Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$735k
Owner & transaction history
Kerry W Norman · 3 yrs held
Kerry W Norman
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+10.2%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,105,000
Current use
COMMERCIAL (GENERAL)
$1,220,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10%
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
$57 / 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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,324
Tax year 2022
Assessed value
$158,120
Assessed 2023
Previous assessed
$158,120
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$48,840
Assessed improvement
$109,280
Land market value
$122,100
Improvement market value
$273,200
Total market value
$395,300
Applied tax rate
52.0000
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
1985
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
12,920 SF
Lot
3.73 ac (162,479 SF)
APN
126 05301
UPID
US80-0023007
Jurisdiction
LINCOLN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
3.73 ac
Current owner
From public records · entity-resolved
Kerry W Norman
Individual
Mailing address
1966 WALKER LN, NEW MARKET, AL 35761-7725
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2023
$3,200,000
Kerry W Norman
Pegrum Creek LLC
Warranty Deed
$478,943 · Pegrum Creek LLC
Aug 16, 2022
$1,500,000
Pegrum Creek LLC
R Clay Jacks
Warranty Deed
$680,000 · Smartbank
Apr 15, 2005
$380,000
Jacks R C
Lpp Mortgage Ltd
Grant Deed
$300,000 · Amsouth Bank
Oct 31, 2002
$50,000
Lpp Mortgage
Farrar,james R
Grant Deed
related
—
Nov 4, 1988
$171,000
Dick Farrar
Unknown
Grant Deed
—
—
—
Rufus C Jacks
—
Loan Modification
related
$259,491 · Firstbank
—
—
Rufus C Jacks
—
Loan Modification
related
$250,000 · Firstbank
—
—
Rufus C Jacks
—
Deed Of Trust
related
$249,900 · Firstbank NA
—
—
Jacks,r Clay & Sherry S
—
Loan Modification
related
$250,000 · Firstbank
—
—
R Clay
—
Loan Modification
related
$300,000 · Firstbank
—
—
Rufus C Jacks
—
Loan Modification
related
$300,000 · Firstbank
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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