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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3315 Waynesboro Hwy Lawrenceburg, TN 38464-6880
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-1942312
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1958
Total area
3,088 SF
Lot
1 ac (43,560 SF)
APN
050062 03802
UPID
US80-1942312
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
-
Red Hill Market Grocery & Convenience Store
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
Larry Jesse James Gladney · 3 yrs held
Larry Jesse James Gladney
since 2023
Last sale
$150,000
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 Lawrenceburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceburg 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 2023Property tax & assessments
Tax year 2023
Tax billed
$396
Tax year 2023
Assessed value
$19,720
Assessed 2023
Previous assessed
$19,720
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$3,160
Assessed improvement
$16,560
Land market value
$7,900
Improvement market value
$41,400
Total market value
$49,300
Applied tax rate
50.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1958
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
0
Total area
3,088 SF
Lot
1 ac (43,560 SF)
APN
050062 03802
UPID
US80-1942312
Jurisdiction
LAWRENCE
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
1958
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
0
Lot
1 ac
Current owner
From public records · entity-resolved
Larry Jesse James Gladney
Individual
Free & Clear · 3 yrs held
Mailing address
9 LOVERS LN, LAWRENCEBURG, TN 38464-6515
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2023
$150,000
Larry Jesse James Gladney
Red Hill Market LLC
Warranty Deed
—
Feb 16, 2022
$69,750
Red Hill Market LLC
Kenneth Steve Hill
Warranty Deed
$59,287 · Peoples Bank
Sep 13, 2021
—
Kenneth Steve Hill
Kenneth Steve Hill
Intrafamily Transfer
related
—
Oct 16, 2018
$30,000
Heath Hill
First Volunteer Bk Of Tn
Grant Deed
—
Oct 16, 2018
—
Kenneth S Hill
Hill,heath
Quit Claim Deed
related
—
Jun 23, 2011
$126,462
First Volunteer Bk Of Tn
Betz,alan C
Trustees Deed
related
—
Nov 2, 2007
$155,000
Brent A Bassham
Fleming,ricky E & Cynthia
Warranty Deed
$135,000 · First Volunteer Bank Tennessee
Dec 13, 2006
$86,050
Ricky E Fleming
Runnels,tommy W & Karen
Warranty Deed
$130,000 · Community Bank Lawrence 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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