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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Grocery and convenience stores
430 Peach St Selmer, TN 38375-1632
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-2120777
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1959
Total area
1,488 SF
Lot
0.91 ac (39,600 SF)
Zoning code
B1
APN
055080O A 00800
UPID
US80-2120777
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
-
Quick Stop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Jay Laxmi Ma Realty LLC · 3 yrs held
Jay Laxmi Ma Realty LLC
since 2023
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
B1 · Selmer, 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 Selmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selmer 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
$510,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $600k (Jan 19 2023)
Last sale anchor
$600k
Jan 19 2023
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
$380 / 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
$1,103
Tax year 2022
Assessed value
$50,120
Assessed 2023
Previous assessed
$50,120
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$9,920
Assessed improvement
$40,200
Land market value
$24,800
Improvement market value
$100,500
Total market value
$125,300
Applied tax rate
55.0000
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
1959
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Bathrooms
0
Total area
1,488 SF
Lot
0.91 ac (39,600 SF)
Zoning code
B1
APN
055080O A 00800
UPID
US80-2120777
Jurisdiction
MCNAIRY
Zoning & alternative use
B1 · Selmer, TNZoning B1 · permitted uses
B1 · Selmer, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
MunicipalCodes
Building & site characteristics
From public records
Year built
1959
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
0
Lot
0.91 ac
Current owner
From public records · entity-resolved
Jay Laxmi Ma Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1266 E POPLAR AVE, SELMER, TN 38375-1945
Ownership since
2023
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
Jan 19, 2023
—
Jay Laxmi Ma Realty LLC
Janavee INC
Quit Claim Deed
related
—
Oct 2, 2020
$600,000
Janavee INC
Edwin M Sparkman
Warranty Deed
—
Oct 2, 2020
—
Jayesh A Patel
—
Deed
related
$480,000 · Cb&s Bk
Jul 7, 1988
$110,000
River Oil Co
Unknown
Grant Deed
—
Apr 25, 1988
$90,000
Richard L Jacobs
Unknown,
Grant Deed
—
—
—
Jayesh A Patel
—
Deed Of Trust
related
$480,000 · Cb&s 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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