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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Grocery and convenience stores
6110 31w Hwy, TN
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1300181
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,362 SF
Lot
1.1 ac (47,916 SF)
Zoning code
9235
APN
083001 00200
UPID
US80-1300181
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
$790k
Owner & transaction history
Deborah Joy Brown · 3 yrs held
Deborah Joy Brown
since 2022
7 recorded transactions
Zoning & alternative use
9235 · 31w Hwy, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+147.7%
Medical building
$1.2M
+138.5%
Commercial (general)
$905,000
+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 31w Hwy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 31w 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
$520,000
Current use
AUTO REPAIR, GARAGE
$1,285,000
Change: +148% · Conversion: Difficult
MEDICAL BUILDING
$1,235,000
Change: +139% · Conversion: Difficult
COMMERCIAL (GENERAL)
$905,000
Change: +74% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$235 / 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
$11,515
Tax year 2023
Assessed value
$337,480
Assessed 2023
Previous assessed
$337,480
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$96,960
Assessed improvement
$240,520
Land market value
$242,400
Improvement market value
$601,300
Total market value
$843,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
3,362 SF
Lot
1.1 ac (47,916 SF)
Zoning code
9235
APN
083001 00200
UPID
US80-1300181
Jurisdiction
SUMNER
Zoning & alternative use
9235 · 31w Hwy, TN
Zoning 9235 · permitted uses
9235 · 31w Hwy, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
31w Hwy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$520,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$905,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
1.1 ac
Current owner
From public records · entity-resolved
Deborah Joy Brown
Individual
Free & Clear · 3 yrs held
Mailing address
111 GOLFERS CIR, PORTLAND, TN 37148-2433
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
—
Deborah Joy Brown
Jon David Brown JR
Intrafamily Transfer
related
—
Aug 15, 2017
—
Ajaykumar C Parikh
—
Trustees Deed
related
$152,699 · Farmers Bk
Dec 15, 2016
—
Ajaykumar C Parikh
Parikh,ajaykumar C
Quit Claim Deed
related
—
Jul 26, 2013
—
Ajaykumar C Parikh
—
Grant Deed
related
$1,500,000 · Farmers Bank
Feb 22, 2011
—
Ajaykumar C Parikh
—
Trustees Deed
related
$105,000 · Farmers Bank
Jan 20, 2010
$255,000
Ajaykumar C Parikh
Stewart Thomas E
Warranty Deed
$197,184 · Farmers Bank
Feb 22, 2008
—
Thomas E Stewart
Dearing,oleta
Quit Claim Deed
related
—
Apr 19, 1991
$90,138
William W Estate Manstein
Unknown
Grant Deed
—
—
—
Ajaykumar C Parikh
—
Deed Of Trust
related
$1,240,500 · Farmers Bk
—
—
Ajaykumar C Parikh
—
Deed Of Trust
related
$1,279,381 · Farmers Bank
—
—
Ajaykumar C Parikh
—
Deed Of Trust
related
$1,090,804 · Farmers Bk
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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