New search
Property profile & analytics
FOR SALE
Commercial real estate
4450 Highway 45 N, Jackson, TN 38305
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1119271
For Sale
1 / 29
$1,425,000
4450 Highway 45 N, Jackson, TN 38305
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Construction
FRAME
Total area
14,728 SF
Lot
1.3 ac (56,628 SF)
Zoning code
I2
APN
057027 02602
UPID
US80-1119271
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
$841k
Blend (final)
Blend
$605k
Owner & transaction history
Samuel F Tull SR. · 3 yrs held
Samuel F Tull SR.
since 2023
7 recorded transactions
Zoning & alternative use
I2 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$41 / 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
$3,213
Tax year 2022
Assessed value
$169,960
Assessed 2023
Previous assessed
$171,480
-0.9% YoY
Effective rate
1.89%
On assessed value
Assessed land
$18,200
Assessed improvement
$151,760
Land market value
$45,500
Improvement market value
$379,400
Total market value
$424,900
Applied tax rate
57.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1973
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
14,728 SF
Lot
1.3 ac (56,628 SF)
Zoning code
I2
APN
057027 02602
UPID
US80-1119271
Jurisdiction
MADISON
Zoning & alternative use
I2 · Jackson, TN
Zoning I2 · permitted uses
I2 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Samuel F Tull SR.
Individual
Mailing address
6500 N SHILOH RD, CORINTH, MS 38834-9657
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
—
Samuel F Tull SR.
Samuel F Tull SR.
Intrafamily Transfer
related
—
Feb 15, 2022
$400,000
Trillion Impact LLC
Tennessee Farmers Life Insurance Co
Warranty Deed
$717,640 · Community Bank
Dec 30, 2020
—
Tull,barbara Trust
Tull Samuel F SR Trust
Quit Claim Deed
related
—
Mar 29, 2018
—
Tull,samuel F SR Trust
—
Deed
related
—
Jan 11, 2018
—
Tull,samuel F SR Trust
—
Deed
related
—
Jan 11, 2017
—
Tull,samuel F SR Trust
—
Deed
related
—
Sep 6, 2016
—
Tull,samuel F SR Trust
—
Deed
related
—
Mar 18, 2013
—
Tull Samuel F SR Trust
—
Deed Of Trust
related
$4,000,000 · Trustmark National Bank
—
—
Tull,samuel F SR Trust
—
Loan Modification
related
—
—
—
Tull,samuel F SR Trust
—
Loan Modification
related
—
—
—
Tull,samuel F SR Trust
—
Loan Modification
related
—
—
—
Tull,samuel F SR Trust|tull,barbara Trust
—
Loan Modification
related
—
—
—
Tull,samuel F SR Trust
—
Loan Modification
related
—
—
—
Sam F Tull
—
Deed Of Trust
related
$450,000 · Union Planters National Bank
—
—
Tull,samuel F SR Trust
—
Loan Modification
related
—
—
—
Tull,samuel F SR Trust
—
Loan Modification
related
—
—
—
Demotts Properties
—
Deed Of Trust
related
$176,000 · First South Bank Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
