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Financial
Distress signals
Property profile

488 Bockman Way Sparta, TN 38583

OFF-MARKET
Commercial land
Property ID
US80-0267632
4,368 SF 1.3 ac lot Built 1971
Last sale Jun 2023 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$11k
Tax billed · 2021
Assessed value · 2023$130k
Assessed land$130k
Effective rate8.15%

Value estimate

· Oct 2026
$885k
$797k – $974k
AI approach$955k
Submarket $/SF estimate$736k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$47 – $173
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-D
C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are...
General categoryINDUSTRIAL
JurisdictionWHITE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.1
HVAC Service9.9
Locksmith8.8

Location

488 Bockman Way Sparta, TN 38583-1834
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
492 Old Hwy, Sparta, TN 38583-3123 $60,000 Apr 2025 1,078 SF
105 Carter, Sparta, TN 38583-1927 $200,000 Apr 2023 2,880 SF
Bockman, Sparta, TN 38583 $27,500 Mar 2023 4,288 SF
Pin Hook, Sparta, TN 38583 $83,175 Aug 2022 1,960 SF
317 Spg, Sparta, TN 38583-1300 $165,000 Sep 2021 2,856 SF
392 Bockman, Sparta, TN 38583-1809 $16,000 Mar 2020 1,368 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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