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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Grocery and convenience stores
300 Gaines St Lawrenceburg, TN 38464-3605
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1672582
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1984
Construction
FRAME
Total area
6,152 SF
Lot
0.71 ac (30,772 SF)
APN
050078O E 02600
UPID
US80-1672582
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
-
Texaco Lawrenceburg Gas Station
-
Shan's One Stop Grocery & Convenience Store
-
Quick Stop Laundry (Bike/Boat/Book/etc) Store
-
Bitcoin ATM Lawrenceburg - Coinhub Atm Currency Exchange Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$705k
Owner & transaction history
R & R Partnership · 5 yrs held
R & R Partnership
since 2021
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$495,000
+14.6%
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 Lawrenceburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceburg 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
$685,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$430,000
Current use
COMMERCIAL (GENERAL)
$495,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $500k (Apr 1 2021)
Last sale anchor
$500k
Apr 1 2021
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
$115 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,029
Tax year 2023
Assessed value
$226,160
Assessed 2023
Previous assessed
$226,160
+0.0% YoY
Effective rate
3.11%
On assessed value
Assessed land
$36,000
Assessed improvement
$190,160
Land market value
$90,000
Improvement market value
$475,400
Total market value
$565,400
Applied tax rate
50.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1984
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
6,152 SF
Lot
0.71 ac (30,772 SF)
APN
050078O E 02600
UPID
US80-1672582
Jurisdiction
LAWRENCE
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
$430,000
COMMERCIAL (GENERAL)
Est. value
$495,000
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
1984
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
R & R Partnership
Entity
Mailing address
703 MIDDLE 10TH BLVDA, MURFREESBORO, TN 37129-5607
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2021
$500,000
R & R Partnership
M & J INC
Warranty Deed
$100,000 · Tower Community Bank
Jan 23, 2013
$725,000
M & J INC
Paul Ram
Warranty Deed
$550,000 · Citizens State Bank
Aug 31, 2012
$730,000
Paul Ram
Baggett Oil Co LP
Warranty Deed
$438,000 · First Metro Bank
Jun 17, 1999
$475,000
Baggett Oil Co
Wishy,sales
Grant Deed
—
—
—
Baggett Oil Co
—
Deed Of Trust
related
$600,000 · First Farmers & Merchants Bank
—
—
Baggett Oil Co
—
Deed Of Trust
related
$1,000,000 · First Farmers & Merchants Nati
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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