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Property profile & analytics
OFF-MARKET
Retail space
4909 Hwy 43rd N Summertown, TN 38483-7052
Individually Owned
6-yr Hold
Free & Clear
Property ID
US80-2622588
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
2,542 SF
Lot
0.87 ac (37,897 SF)
APN
050007 06100
UPID
US80-2622588
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Donald L Scales II · 6 yrs held
Donald L Scales II
since 2020
Last sale
$145,000
7 recorded transactions
Zoning & alternative use
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 Summertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summertown 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,308
Tax year 2023
Assessed value
$65,040
Assessed 2023
Previous assessed
$65,040
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$9,400
Assessed improvement
$55,640
Land market value
$23,500
Improvement market value
$139,100
Total market value
$162,600
Applied tax rate
50.0000
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
1995
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
2,542 SF
Lot
0.87 ac (37,897 SF)
APN
050007 06100
UPID
US80-2622588
Jurisdiction
LAWRENCE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
4
Bathrooms
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Donald L Scales II
Individual
Free & Clear · 6 yrs held
Mailing address
1056 S CROSS BRIDGES RD, MOUNT PLEASANT, TN 38474-2926
Ownership since
2020
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 7, 2020
$145,000
Donald L Scales II
Edna L Hardin
Warranty Deed
—
Nov 27, 2019
—
Edna L Hardin
—
Deed
related
—
Jun 24, 2014
$120,000
Edna L Hardin
Mckelvey,randall W & Janice
Warranty Deed
—
Jun 21, 2013
$60,000
Michael Banks
Mckelvey,randall W & Janice
Warranty Deed
—
Jun 27, 2001
$241,409
Randall W Mckelvey
Strickland,ray
Grant Deed
—
Mar 2, 1993
$50,000
Ray Strickland
Unknown
Grant Deed
—
—
—
Edna L Hardin
—
Loan Modification
related
—
—
—
Edna Hardin
—
Deed Of Trust
related
$50,000 · Bank Of Waynesboro
—
—
Edna Hardin
—
Deed Of Trust
related
$60,000 · Bank Of Waynesboro
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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