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Property profile & analytics
OFF-MARKET
Retail space
50 Washington Ave Brownsville, TN 38012-3032
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-3526427
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Total area
1,863 SF
Lot
23.5 ac (1,023,660 SF)
Zoning code
CB
APN
075F G 03300
UPID
US80-3526427
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
-
Brownsville Religious Center (Bike/Boat/Book/etc) Store
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
Cordie House-turner · 6 yrs held
Cordie House-turner
since 2020
Last sale
$36,500
7 recorded transactions
Zoning & alternative use
CB · Brownsville, 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 Brownsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownsville 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
Property tax & assessments
Assessed value
$26,640
Assessed 2023
Previous assessed
$26,640
+0.0% YoY
Assessed land
$3,360
Assessed improvement
$23,280
Land market value
$8,400
Improvement market value
$58,200
Total market value
$66,600
Applied tax rate
38.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1928
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,863 SF
Lot
23.5 ac (1,023,660 SF)
Zoning code
CB
APN
075F G 03300
UPID
US80-3526427
Jurisdiction
HAYWOOD
Zoning & alternative use
CB · Brownsville, TN
Zoning CB · permitted uses
CB · Brownsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
23.5 ac
Current owner
From public records · entity-resolved
Cordie House-turner
Individual
Mailing address
50 S WASHINGTON AVE, BROWNSVILLE, TN 38012-3032
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
—
Cordie House-turner
Ora L House
Quit Claim Deed
related
—
Oct 16, 2018
—
Ora L House
—
Deed
related
$14,398 · Insouth Bk
Nov 9, 2009
$36,500
Ora L House
Alexander,matthew K & Kristy
Warranty Deed
—
Nov 3, 2009
—
Matthew K Alexander
Forshea,amy E
Quit Claim Deed
—
Apr 8, 2009
—
Matthew K Alexander
—
Trustees Deed
related
—
Nov 10, 2005
$45,000
Doyle Burroughs
Sellari,artiode A
Warranty Deed
$35,892 · Insouth Bank
—
—
Cordie House
—
Deed Of Trust
$38,849 · Insouth Bank
—
—
Doyle Burroughs
—
Deed Of Trust
related
$13 · Insouth Bank
—
—
Ora House
—
Deed Of Trust
related
$25,624 · Insouth Bank
—
—
Ora L House
—
Deed Of Trust
related
$14,398 · Insouth Bk
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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