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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Retail space
343 Vann Dr Jackson, TN 38305-6018
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0880556
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
15,000 SF
Lot
1.8 ac (78,408 SF)
Zoning code
SC1
APN
057055 02001
UPID
US80-0880556
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
$1.73M
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$1.86M
Owner & transaction history
N R Plan Properties LLC · 4 yrs held
N R Plan Properties LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
SC1 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+54.3%
Commercial (general)
$1.9M
+2.8%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$1,995,000
ML approach
$1,730,000
CAP Approach
CAP Return
Estimation
6%
$2,555,000
6.5%
$2,360,000
7%
$2,190,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,855,000
Current use
MEDICAL BUILDING
$2,860,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,905,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (Feb 1 2022)
Last sale anchor
$1.85M
Feb 1 2022
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
$124 / 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
$24,359
Tax year 2022
Assessed value
$698,960
Assessed 2023
Previous assessed
$698,960
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$216,000
Assessed improvement
$482,960
Land market value
$540,000
Improvement market value
$1,207,400
Total market value
$1,747,400
Applied tax rate
57.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
15,000 SF
Lot
1.8 ac (78,408 SF)
Zoning code
SC1
APN
057055 02001
UPID
US80-0880556
Jurisdiction
MADISON
Zoning & alternative use
SC1 · Jackson, TN
Zoning SC1 · permitted uses
SC1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES Current
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
1998
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
N R Plan Properties LLC
Entity
Mailing address
16 CASCADE CV, JACKSON, TN 38305-8578
Mailing matches property
Yes
Owner-occupied
Yes
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
Feb 1, 2022
$1,848,500
N R Plan Properties LLC
Hoovers Quick Stop INC
Warranty Deed
$1,572,500 · First State Bank
Feb 15, 2018
—
Hoopers Quick Stop INC
—
Deed
related
$777,988 · Firstbank
Jan 17, 2017
—
Hoopers Quick Stop INC
—
Deed
related
$862,883 · Firstbank
Jul 13, 2016
—
Hoopers Quick Stop INC
—
Deed
related
$899,524 · Firstbank
Mar 12, 2009
$1,700,000
Hoopers Quick Stop INC
343 Vann Drive Partners
Warranty Deed
$1,300,000 · Firstbank NA
Jul 15, 2005
$510,666
Buck & Bass Sports Centre INC
Htw LLC
Grant Deed
—
Jul 15, 2005
$1,500,000
343 Vann Drive Partners
Buck & Bass Sports Centre INC
Warranty Deed
$1,600,000 · First Bk/champaign
—
—
Hoopers Quick Stop INC
—
Loan Modification
related
$899,524 · Firstbank
—
—
Hoopers Quick Stop INC
—
Loan Modification
related
$913,521 · Firstbank
—
—
Hoopers Quick Stop INC
—
Loan Modification
related
$862,883 · Firstbank
—
—
Hoopers Quick Stop INC
—
Loan Modification
related
$777,988 · Firstbank
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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