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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
313 Public Sq Smithville, TN 37166-1423
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-1414397
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
1,572 SF
Lot
0.04 ac (1,536 SF)
Zoning code
B3
APN
021064L B 03200
UPID
US80-1414397
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
-
DeKalb County Florist (Bike/Boat/Book/etc) Store Florist
-
LaserLingo Production Facility
-
Briar Rose Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Eric Vanatta · 3 yrs held
Eric Vanatta
since 2022
Last sale
$535,000
5 recorded transactions
Zoning & alternative use
B3 · Smithville, 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 Smithville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smithville 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
$475,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $535k (Oct 4 2022)
Last sale anchor
$535k
Oct 4 2022
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
$318 / 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
Property tax & assessments
Assessed value
$47,960
Assessed 2023
Previous assessed
$34,000
+41.1% YoY
Assessed land
$4,200
Assessed improvement
$43,760
Land market value
$10,500
Improvement market value
$109,400
Total market value
$119,900
Applied tax rate
21.0000
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
1930
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
0
Total area
1,572 SF
Lot
0.04 ac (1,536 SF)
Zoning code
B3
APN
021064L B 03200
UPID
US80-1414397
Jurisdiction
DE KALB
Zoning & alternative use
B3 · Smithville, TN
Zoning B3 · permitted uses
B3 · Smithville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smithville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
0
Lot
0.04 ac
Current owner
From public records · entity-resolved
Eric Vanatta
Individual
Free & Clear · 3 yrs held
Mailing address
313 N PUBLIC SQ, SMITHVILLE, TN 37166-1423
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2022
$535,000
Eric Vanatta
Raydan Partners LLC
Warranty Deed
—
Mar 2, 2007
$100,000
Raydan Ptrs LLC
Owner Name Unavailable
Warranty Deed
—
Oct 10, 1988
$25,000
Bratten Hale Cook II
Unknown
Grant Deed
—
—
—
Raydan Partners LLC
—
Deed Of Trust
related
$135,000 · First Vision Bk
Sep 24, 1969
—
Richard Foster
Owner Name Unavailable
Grant Deed
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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