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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Grocery and convenience stores
340 Main St Cookeville, TN 38506-2302
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3466737
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1996
Construction
FRAME
Total area
5,432 SF
Lot
1.7 ac (74,052 SF)
APN
071041C E 00600
UPID
US80-3466737
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
-
Shell Car Wash
-
Hunt Brothers Pizza Restaurant
-
Krispy Krunchy Chicken Restaurant
-
Quick Stop Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$880k
Owner & transaction history
Nyalkaran INC · 7 yrs held
Nyalkaran INC
since 2019
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$655,000
Current use
COMMERCIAL (GENERAL)
$555,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$162 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,618
Tax year 2022
Assessed value
$374,640
Assessed 2023
Previous assessed
$374,640
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$136,000
Assessed improvement
$238,640
Land market value
$340,000
Improvement market value
$596,600
Total market value
$936,600
Applied tax rate
71.0000
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
1996
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
5,432 SF
Lot
1.7 ac (74,052 SF)
APN
071041C E 00600
UPID
US80-3466737
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$655,000
COMMERCIAL (GENERAL)
Est. value
$555,000
RETAIL STORES Current
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
1996
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.7 ac
Current owner
From public records · entity-resolved
Nyalkaran INC
Entity
Mailing address
340 W MAIN ST, COOKEVILLE, TN 38506-2302
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2020
—
Nyalkaran INC
—
Deed
related
$704,833 · First Volunteer Bk
Apr 3, 2019
$1,360,000
Nyalkaran INC
Maruti Vadu INC
Warranty Deed
$713,243 · Putnam 1st Mercantile Bk
Nov 2, 2017
—
Maruti Vadu INC
—
Deed
related
—
Sep 19, 2007
$750,000
Maruti Vadu INC
Minit R/e Ptshp Series I LLP
Warranty Deed
$687,500 · Putnam First Mercantile Bank
Feb 29, 1996
—
Real Estate P Ship Minit
Minit,real Estat
Quit Claim Deed
related
—
Apr 12, 1995
$65,000
Lover Lane Partnership
Lover,lane Partn
Grant Deed
related
—
Sep 14, 1993
$20,000
Thomas D Bandy
Unknown
Grant Deed
—
—
—
Maruti Vadu INC
—
Deed Of Trust
related
$133,018 · Putnam First Mercantile Bank
—
—
Maruti Vadu INC
—
Deed Of Trust
related
$687,500 · Putnam First Mercantile Bank
—
—
Minit R/e Ptshp Series I LLP
—
Deed Of Trust
related
$1,500,000 · Jackson Bank & Trust
—
—
Maruti Vadu INC
—
Deed Of Trust
related
$326,418 · Putnam 1st Mercantile Bk
—
—
Maruti Vadu INC
—
Loan Modification
related
—
—
—
Minit R/e Ptshp Series I LLP
—
Deed Of Trust
related
$1,451,509 · First National Bank Tn
—
—
Nyalkaran INC
—
Deed Of Trust
related
$704,833 · First Volunteer 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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