Property profile

30 Jernigan Dr Somerville, TN 38068

OFF-MARKET
Commercial land
Property ID
US80-1591537
1,100 SF Built 1944
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1944
Total area 1,100 SF
Zoning code B2
APN 024090C C 01700
UPID US80-1591537

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30 Jernigan Dr Somerville, TN 38068-2100
Somerville metro Census 60502 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2020
Last sale
$22,500
7 recorded transactions
2020
$22,500
2019
Price N/A
2017
$18,300
2017
$87,000
2017
$289,230
2010
$140,000
1969
Price N/A

Zoning & alternative use

B2 · Somerville, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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