Technical
Financial
Distress signals
Property profile

324 Bockman Way Sparta, TN 38583

OFF-MARKET
Retail space
Property ID
US80-3229962
6,632 SF 0.4 ac lot Built 2022
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Construction FRAME
Total area 6,632 SF
Lot 0.4 ac (17,324 SF)
Zoning code C-D
APN 093049P C 05500
UPID US80-3229962

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

324 Bockman Way Sparta, TN 38583-1809
Sparta metro Census 935300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2021
Last sale
$225,000
5 recorded transactions
2021
Price N/A
2020
$225,000
2011
$40,000
2007
$50,000
1993
$40,000

Zoning & alternative use

C-D · Sparta, TN
Zoning description

C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are also considered to have a moderate impact. The following uses shall be 14-112 cons…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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