Back to Search
Property profile & analytics
OFF-MARKET
Retail space
468 Church St Halls, TN 38040-1555
Individually Owned
~
Est. High Equity
Property ID
US80-3565015
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
1,668 SF
Lot
0.26 ac (11,326 SF)
Zoning code
B1
APN
049035H K 00100
UPID
US80-3565015
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
-
Headquarters Hair Salon Nail Salon
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
Morgan Steelman
Morgan Steelman
since 2025
Last sale
$15,000
7 recorded transactions
Zoning & alternative use
B1 · Halls, 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 Halls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halls 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 2018Property tax & assessments
Tax year 2018
Tax billed
$1,779
Tax year 2018
Assessed value
$38,440
Assessed 2023
Previous assessed
$38,440
+0.0% YoY
Effective rate
4.63%
On assessed value
Assessed land
$5,600
Assessed improvement
$32,840
Land market value
$14,000
Improvement market value
$82,100
Total market value
$96,100
Applied tax rate
49.0000
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
1997
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
0
Total area
1,668 SF
Lot
0.26 ac (11,326 SF)
Zoning code
B1
APN
049035H K 00100
UPID
US80-3565015
Jurisdiction
LAUDERDALE
Zoning & alternative use
B1 · Halls, TN
Zoning B1 · permitted uses
B1 · Halls, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Halls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
0.26 ac
Current owner
From public records · entity-resolved
Morgan Steelman
Individual
Mailing address
PO BOX 217, HALLS, TN 38040-0217
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$15,000
Morgan Steelman
Davis Gannon
Warranty Deed
—
Jul 28, 2021
$40,000
Davis Gannon
Mary Jones
Warranty Deed
$52,660 · The Lauderdale County Bank
Mar 20, 2013
$1,142,545
Retail Property Invs LLC
Sw Properties LLC
Grant Deed
—
Mar 20, 2013
—
City Of Halls Tennesse
Sw Properties LLC
Quit Claim Deed
related
—
Dec 22, 2011
$75,000
Sw Properties LLC
Jones,mary
Warranty Deed
$899,000 · Hardin Cnty Bk
Jan 15, 2009
—
Jones,mary E
—
Trustees Deed
related
$5,125 · Bank Of Ripley
Aug 13, 2007
$70,000
Roberts,ronnie & Charlene
Jones,mary
Grant Deed
—
Jul 27, 2007
—
Hutcherson,john & Regina
—
Trustees Deed
related
$98,600 · Bank Of Ripley
Jul 23, 2007
$110,000
Hutcherson,johnny & Regina
Jones,mary
Grant Deed
—
Aug 25, 2006
$380,000
Town & Cntry Grocers Of Frederick
Jones,mary
Warranty Deed
—
—
—
Jones,mary E
—
Deed Of Trust
related
$40,536 · Bank Of Ripley
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?”
You own 468 Church St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
