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Property profile & analytics
OFF-MARKET
Banks
386 Church St Lexington, TN 38351-2020
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1759509
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2009
Total area
3,875 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B2
APN
039082H F 02002
UPID
US80-1759509
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
-
White's Barbershop Barber Shop
-
The Peoples Bank Bank Loan Service
-
Shazam Atm Atm
-
Carroll Bank & Trust Bank Loan Service
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
Michael Brandon Woods · 2 yrs held
Michael Brandon Woods
since 2024
2 recorded transactions
Zoning & alternative use
B2 · Lexington, TN
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,836
Tax year 2022
Assessed value
$369,200
Assessed 2023
Previous assessed
$319,840
+15.4% YoY
Effective rate
2.93%
On assessed value
Assessed land
$112,800
Assessed improvement
$256,400
Land market value
$282,000
Improvement market value
$641,000
Total market value
$923,000
Applied tax rate
39.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2009
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,875 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B2
APN
039082H F 02002
UPID
US80-1759509
Jurisdiction
HENDERSON
Zoning & alternative use
B2 · Lexington, TNZoning B2 · permitted uses
B2 · Lexington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning ordinance
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Michael Brandon Woods
Individual
Mailing address
450 S BROAD ST, LEXINGTON, TN 38351-2257
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
Michael Brandon Woods
—
Deed
related
$256,500 · Carroll Bank & Trust
Feb 7, 2017
—
Thomas Blankenship
—
Deed
related
$204,514 · Peoples Bank
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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