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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Office Spaces
3157 Hwy 64 Eads, TN 38028-3327
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-1413626
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2005
Total area
7,864 SF
Lot
4.05 ac (176,418 SF)
Zoning code
B2
APN
024085 01121
UPID
US80-1413626
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
$1.23M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.14M
Owner & transaction history
Craig Hammond · 8 yrs held
Craig Hammond
since 2018
7 recorded transactions
Zoning & alternative use
B2 · Eads, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$960,000
+54.4%
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 Eads submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eads 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%
$1,325,000
6.5%
$1,225,000
7%
$1,135,000
Alternative Use
Use
Estimation
RETAIL STORES
$960,000
Change: +54% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$144 / 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
$359,560
Assessed 2023
Previous assessed
$359,560
+0.0% YoY
Assessed land
$70,120
Assessed improvement
$289,440
Land market value
$175,300
Improvement market value
$723,600
Total market value
$898,900
Applied tax rate
24.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
7,864 SF
Lot
4.05 ac (176,418 SF)
Zoning code
B2
APN
024085 01121
UPID
US80-1413626
Jurisdiction
FAYETTE
Zoning & alternative use
B2 · Eads, TN
Zoning B2 · permitted uses
B2 · Eads, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eads. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$960,000
RETAIL STORES
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
2005
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
4.05 ac
Current owner
From public records · entity-resolved
Craig Hammond
Individual
Mailing address
PO BOX 22188, MEMPHIS, TN 38122-0188
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Renaissance Commercial Dev Co LLC
—
Deed
related
$2,665,000 · Financial Federal Bank
Oct 4, 2019
—
Renaissance Commercial Dev LLC
—
Deed
related
—
Jul 23, 2018
—
Renaissance Coml Dev Co LLC
—
Deed
related
$2,618,212 · Bank Of Fayette Cnty
Jun 19, 2018
$480,000
Craig Hammond
F & R Holdings
Warranty Deed
—
Sep 14, 2010
—
Renaissance Coml Dev Co LLC
—
Trustees Deed
related
$250,000 · Bank Of Fayette County
—
—
Renaissance Commercial Dev LLC
—
Loan Modification
related
—
—
—
Renaissance Coml Dev Co LLC
—
Deed Of Trust
related
$3,169,500 · Bank Of Fayette Cnty
—
—
Renaissance Coml Dev Co LLC
—
Loan Modification, Consolidation And Extension
related
$2,618,212 · Bank Of Fayette Cnty
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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