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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Commercial land
380 Hwy 57 Piperton, TN 38017
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1024358
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1965
Total area
3,353 SF
Lot
2.01 ac (87,556 SF)
Zoning code
B1
APN
024164 09200
UPID
US80-1024358
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Piperton Group Investors INC · 3 yrs held
Piperton Group Investors INC
since 2022
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
B1 · Piperton, TN
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 Piperton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Piperton 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
$412 / 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
Property tax & assessments
Assessed value
$109,440
Assessed 2023
Previous assessed
$89,160
+22.7% YoY
Assessed land
$109,440
Land market value
$273,600
Total market value
$273,600
Applied tax rate
24.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1965
Heating
YES
Stories
1
Bathrooms
0
Total area
3,353 SF
Lot
2.01 ac (87,556 SF)
Zoning code
B1
APN
024164 09200
UPID
US80-1024358
Jurisdiction
FAYETTE
Zoning & alternative use
B1 · Piperton, TN
Zoning B1 · permitted uses
B1 · Piperton, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Piperton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
YES
Stories
1
Bathrooms
0
Lot
2.01 ac
Current owner
From public records · entity-resolved
Piperton Group Investors INC
Entity
Mailing address
2138 SUNSET RD, GERMANTOWN, TN 38138-4529
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
$1,770,000
Piperton Group Investors INC
Green Family Realty Partnership
Warranty Deed
$937,642 · First Security Bank
Dec 12, 2022
—
Piperton Group Investors INC
Green Family Realty Partnership
Quit Claim Deed
related
—
Apr 20, 2021
$250,000
Green Family Realty Partnership
John K Mcintyre
Warranty Deed
$848,397 · David Leake
Nov 15, 2002
$293,700
State Of Tennessee
Mcintyre,john K
Grant Deed
—
Aug 5, 1999
—
Bennie Francis Green
Green,leonard Ti
Quit Claim Deed
related
—
Jun 29, 1999
—
Benny Frances Green
Green,leonard Ti
Quit Claim Deed
related
—
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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