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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
31st Highway, Hwy, TN
Individually Owned
6-yr Hold
Free & Clear
Property ID
US80-2121790
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Total area
2,827 SF
Lot
0.21 ac (9,278 SF)
Zoning code
7797
APN
083001 00100
UPID
US80-2121790
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
$645k
Owner & transaction history
Barbara F Warren · 6 yrs held
Barbara F Warren
since 2019
7 recorded transactions
Zoning & alternative use
7797 · Hwy, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+138.5%
Commercial (general)
$760,000
+74.4%
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 Hwy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hwy 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$435,000
Current use
MEDICAL BUILDING
$1,040,000
Change: +139% · Conversion: Difficult
COMMERCIAL (GENERAL)
$760,000
Change: +74% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$228 / 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
$876
Tax year 2023
Assessed value
$25,680
Assessed 2023
Previous assessed
$6,720
+282.1% YoY
Effective rate
3.41%
On assessed value
Assessed land
$6,720
Assessed improvement
$18,960
Land market value
$16,800
Improvement market value
$47,400
Total market value
$64,200
Applied tax rate
83.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1935
Heating
YES
Stories
1
Units
1
Bathrooms
0
Total area
2,827 SF
Lot
0.21 ac (9,278 SF)
Zoning code
7797
APN
083001 00100
UPID
US80-2121790
Jurisdiction
SUMNER
Zoning & alternative use
7797 · Hwy, TN
Zoning 7797 · permitted uses
7797 · Hwy, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hwy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$435,000
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$760,000
RETAIL STORES Current
MEDICAL BUILDING
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
1935
Heating
YES
Stories
1
Units
1
Bathrooms
0
Lot
0.21 ac
Current owner
From public records · entity-resolved
Barbara F Warren
Individual
Free & Clear · 6 yrs held
Mailing address
2809 NASHVILLE RD, BOWLING GREEN, KY 42101-4040
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2019
—
Barbara F Warren
Foster,larry J & Mary A
Quit Claim Deed
related
—
Dec 18, 1995
—
Raymond L Dickens JR.
—
Deed Of Trust
related
—
May 18, 1995
$105,000
Ron Maggart
—
Grant Deed
related
—
May 15, 1995
—
Bank Of Goodlettsville
Maggart,ron
Grant Deed
related
—
May 3, 1995
$120,000
First Tennessee Bank
—
Grant Deed
related
—
Apr 26, 1995
—
Oliver Shalibo
First Tennessee
Grant Deed
related
—
Apr 11, 1995
—
Joseph C Merlo
First Tennessee
Grant Deed
related
—
Apr 7, 1995
$295,000
Stephen A Haley
Martin,noel P Et
Grant Deed
—
Mar 31, 1995
$33,128
Portland City Of
Martin,noel P Et
Grant Deed
—
Mar 30, 1995
$15,000
Noel P Martin
Martin,noel P Et
Grant Deed
related
—
Mar 16, 1995
$15,000
Noel P Martin
Martin,noel P Et
Grant Deed
related
—
Feb 24, 1995
$68,266
Timmy Lee
Martin,noel P Et
Grant Deed
—
Feb 23, 1995
$22,800
William E King JR.
Martin,noel P Et
Grant Deed
—
Oct 12, 1994
$37,700
Alma Green
Mercer,don G & D
Grant Deed
—
Jun 6, 1994
$34,000
Goodall INC Builders
Unknown,
Grant Deed
—
May 25, 1994
$385,000
Phillips Builders INC
Unknown,
Grant Deed
—
May 23, 1994
—
Janice H Mccormack
Unknown,
Grant Deed
related
—
Apr 25, 1994
$16,000
Floyd Conover
Unknown,
Grant Deed
—
Mar 31, 1994
$135,000
C William Culwell
Unknown,
Grant Deed
—
Mar 23, 1994
$10,000
Trinity Christian Center
Unknown,
Grant Deed
—
Mar 2, 1994
$90,000
Jeffrey K Klinstiver
Unknown,
Grant Deed
—
Feb 24, 1994
$43,900
Cynthia F Petty
Unknown,
Grant Deed
—
Feb 22, 1994
$140,000
Phillips Builders INC
Unknown,
Grant Deed
—
Feb 7, 1994
$39,000
Goodall INC Builders
Unknown,
Grant Deed
—
May 7, 1993
—
Tracy Allen Martin
Unknown,
Grant Deed
related
—
Dec 31, 1992
—
Stevenson Trust #6
Mercer,don G & D
Grant Deed
related
—
May 10, 1990
—
Mary G Et Al Gregory
Unknown,
Grant Deed
related
—
Mar 9, 1983
—
—
—
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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