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Property profile & analytics
OFF-MARKET
Retail space
401 Jackson St Martin, TN 38237-2115
Individually Owned
~
Est. High Equity
Property ID
US80-0448230
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Total area
2,160 SF
Lot
0.28 ac (12,100 SF)
Zoning code
8
APN
092072I B 00100
UPID
US80-0448230
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
by Request
Owner & transaction history
Erik N Olivas
Erik N Olivas
since 2025
Last sale
$145,000
7 recorded transactions
Zoning & alternative use
8 · Martin, 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 Martin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martin 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
Property tax & assessments
Assessed value
$25,950
Assessed 2023
Previous assessed
$15,000
+73.0% YoY
Assessed land
$5,175
Assessed improvement
$20,775
Land market value
$20,700
Improvement market value
$83,100
Total market value
$103,800
Applied tax rate
92.0000
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
1969
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
2,160 SF
Lot
0.28 ac (12,100 SF)
Zoning code
8
APN
092072I B 00100
UPID
US80-0448230
Jurisdiction
WEAKLEY
Zoning & alternative use
8 · Martin, TNZoning 8 · permitted uses
8 · Martin, TN
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
1969
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Erik N Olivas
Individual
Mailing address
401 JACKSON ST, MARTIN, TN 38237-2115
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2025
$145,000
Erik N Olivas
Rocherte Newsome
Warranty Deed
$142,373 · Simmons Bank
Mar 16, 2023
$129,000
Rocherte Newsome
Robert Freeman
Warranty Deed
$129,000 · Usda
Mar 30, 2022
$100,000
Robert Freeman
Bo Brockwell Vincent
Warranty Deed
—
Dec 9, 2021
$87,500
Bo Brockwell Vincent
Joey Mosier
Warranty Deed
$74,375 · Simmons Bank
Jun 9, 2016
$52,000
Joey Mosier
Simmons,larry W & Jo Ann
Warranty Deed
$52,561 · Greg & Vicky Kelley
Jan 24, 2008
$20,000
Larry Elgin
Simmons,larry W & Joann
Warranty Deed
—
Feb 12, 2007
—
Larry Simmons
—
Trustees Deed
related
$70,681 · Bancorp South Bank
Jan 26, 2004
$36,500
Simmons,larry W Etal
Reelfoot Bank
Trustees Deed
—
Jan 23, 2004
$36,500
Simmons Larry W
Ddsantis,domenick
Warranty Deed
—
Sep 12, 2003
$13,500
Reelfoot Bank
Desantis,domenic
Grant Deed
related
—
May 29, 1992
$23,500
Domenick Ddsantis
Unknown
Grant Deed
—
—
—
Larry Simmons
—
Deed Of Trust
related
$80,363 · Bancorp South 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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