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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail space
4384 Nashville Hwy Chapel Hill, TN 37034-2113
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1447145
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Total area
3,098 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C2
APN
059031 00700
UPID
US80-1447145
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
-
Viking Pizza Company - Chapel Hill Restaurant
-
From The Heart Restaurant
-
Farmstead Coffee Co. Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$477k
Blend (final)
Blend
$520k
Owner & transaction history
Valkyrie LLC · 4 yrs held
Valkyrie LLC
since 2022
Last sale
$567,000
7 recorded transactions
Zoning & alternative use
C2 · Chapel Hill, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$390,000
+31.5%
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 Chapel Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chapel Hill 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
$505,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$390,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $567k (Jul 27 2022)
Last sale anchor
$567k
Jul 27 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
$168 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,435
Tax year 2021
Assessed value
$169,600
Assessed 2023
Previous assessed
$122,760
+38.2% YoY
Effective rate
2.61%
On assessed value
Assessed land
$26,920
Assessed improvement
$142,680
Land market value
$67,300
Improvement market value
$356,700
Total market value
$424,000
Applied tax rate
59.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1971
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
3,098 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C2
APN
059031 00700
UPID
US80-1447145
Jurisdiction
MARSHALL
Zoning & alternative use
C2 · Chapel Hill, TN
Zoning C2 · permitted uses
C2 · Chapel Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chapel Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$390,000
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
1971
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
6
Bathrooms
3
Lot
0.7 ac
Current owner
From public records · entity-resolved
Valkyrie LLC
Entity
Mailing address
4804 THICK RD, CHAPEL HILL, TN 37034-2644
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
Valkyrie LLC
Brandon Michael Jones
Quit Claim Deed
related
—
Jun 25, 2021
$567,000
Kelly Ann Jones
Lori A Hengesbach
Warranty Deed
$462,300 · First Commerce Bank
Nov 1, 2019
—
Lori A Hengesbach
—
Deed
related
$280,500 · First Nat'l Bk/pulaski Tn
Nov 27, 2002
$90,436
Darwin Hengesbach
Parsons,r
Grant Deed
—
—
—
Lori A Hengesbach
—
Loan Modification
related
$280,500 · First Nat'l Bk/pulaski Tn
—
—
Darwin D Hengesbach
—
Deed Of Trust
related
$80,000 · First State Bank
—
—
Hengesbach,darwin D & Lori A
—
Deed Of Trust
related
$280,500 · First Nat'l Bk
—
—
Darwin D Hengesbach
—
Deed Of Trust
related
$260,000 · First State Bank
—
—
Darwin D Hengesbach
—
Deed Of Trust
related
$50,000 · First State 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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