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Property profile & analytics
OFF-MARKET
Retail space
305 University St Martin, TN 38237-2022
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1455570
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Total area
8,586 SF
Lot
80 ac (3,484,800 SF)
Zoning code
8
APN
092073L F 00700
UPID
US80-1455570
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
Phu Que Pham · 4 yrs held
Phu Que Pham
since 2022
Last sale
$350,000
6 recorded transactions
Zoning & alternative use
8 · Martin, 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 Martin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martin 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
Property tax & assessments
Assessed value
$148,360
Assessed 2023
Previous assessed
$107,160
+38.4% YoY
Assessed land
$38,520
Assessed improvement
$109,840
Land market value
$96,300
Improvement market value
$274,600
Total market value
$370,900
Applied tax rate
92.0000
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
1967
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
8,586 SF
Lot
80 ac (3,484,800 SF)
Zoning code
8
APN
092073L F 00700
UPID
US80-1455570
Jurisdiction
WEAKLEY
Zoning & alternative use
8 · Martin, TN
Zoning 8 · permitted uses
8 · Martin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Martin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
80 ac
Current owner
From public records · entity-resolved
Phu Que Pham
Individual
Mailing address
110 BUTTERMILK CIR, MARTIN, TN 38237-8624
Ownership since
2022
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
Dec 16, 2024
—
Phu Que Pham
—
Deed
related
$240,000 · First Community Bank Of The Heartland In
Jun 9, 2023
—
Phu Que Pham
—
Deed
related
$237,000 · First Community Bank Of The Heartland In
May 16, 2022
$350,000
Phu Que Pham
Kts Partnership
Warranty Deed
$250,000 · Belinda Overman
Mar 22, 2007
$230,000
Kts Ptshp
Wright Joe B Trust
Warranty Deed
$220,000 · Wright Joe B Trust (tr)
—
—
Kts Ptshp
—
Deed Of Trust
related
$131,290 · First Citizens National Bank
—
—
Kts Ptshp
—
Deed Of Trust
related
$320,000 · First Citizens National 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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