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Property profile & analytics
OFF-MARKET
Retail space
321 Horton Pkwy Chapel Hill, TN 37034
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-0893402
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
960 SF
Lot
0.23 ac (10,019 SF)
APN
059021H C 01700
UPID
US80-0893402
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
-
Holy Smokes BBQ of TN Restaurant
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
Larissa Delk · 3 yrs held
Larissa Delk
since 2023
Last sale
$139,500
7 recorded transactions
Zoning & alternative use
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 Chapel Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chapel Hill 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
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$1,034
Tax year 2021
Assessed value
$33,680
Assessed 2023
Previous assessed
$33,680
+0.0% YoY
Effective rate
3.07%
On assessed value
Assessed land
$6,720
Assessed improvement
$26,960
Land market value
$16,800
Improvement market value
$67,400
Total market value
$84,200
Applied tax rate
59.0000
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
1946
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
2
Bathrooms
0
Total area
960 SF
Lot
0.23 ac (10,019 SF)
APN
059021H C 01700
UPID
US80-0893402
Jurisdiction
MARSHALL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
0
Lot
0.23 ac
Current owner
From public records · entity-resolved
Larissa Delk
Individual
Free & Clear · 3 yrs held
Mailing address
2156 COBLE MDWS DR, LEWISBURG, TN 37091-6744
Ownership since
2023
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
Jan 11, 2023
—
Larissa Delk
Harold Dean Delk
Intrafamily Transfer
related
—
Feb 19, 2019
$139,500
David D Delk
Skelley,benjamin M & Megan J
Warranty Deed
$393,630 · First Cmrc Bk
Feb 24, 2017
—
Harold D Delk
Delk,david D
Quit Claim Deed
related
$223,195 · First Cmrc Bk
Nov 17, 2015
$70,000
David D Delk
Dowers,kasey L
Warranty Deed
related
$107,193 · First Cmrc Bk
Aug 25, 2010
$65,621
Kasey L Dowers
Zimmerle,kim
Warranty Deed
$42,752 · First Commerce Bank
Sep 5, 2006
$92,500
Kim Zimmerle
Williams,john & Kathy S
Warranty Deed
$78,625 · John & Kathy S Williams
Feb 22, 1995
—
Kathy Williams
—
Deed Of Trust
related
—
Dec 9, 1994
—
Kathy Williams
Williams,kathy W
Quit Claim Deed
related
—
Aug 28, 1992
$38,000
Kathy W Williams
Unknown
Grant Deed
related
—
Mar 21, 1988
$28,000
Eugene Savage
Unknown,
Grant Deed
related
—
—
—
Kathy Williams
—
Deed Of Trust
related
$20,681 · First Commerce 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.
Try Rey
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