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Property profile & analytics
OFF-MARKET
Retail space
500 Grv St Loudon, TN 37774-1428
Individually Owned
34-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1106805
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Total area
4,840 SF
Lot
0.09 ac (4,086 SF)
Zoning code
C-1
APN
053041A C 02000
UPID
US80-1106805
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
-
Loudon County Bail Bonds Law Firm
-
Downtown Loudon Shopping Center & Mall
-
The Corner Shed (Bike/Boat/Book/etc) Store Building Supply
-
Magnolia Grove Boutique Clothing & Fashion Store
-
Mavrik Bail Bonds-Loudon County & Lenoir City Law Firm
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
Robert E Richesin · 34 yrs held
Robert E Richesin
since 1992
Last sale
$250,000
4 recorded transactions
Zoning & alternative use
C-1 · Loudon, 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 Loudon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudon 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
$110,640
Assessed 2023
Previous assessed
$110,640
+0.0% YoY
Assessed land
$9,680
Assessed improvement
$100,960
Land market value
$24,200
Improvement market value
$252,400
Total market value
$276,600
Applied tax rate
53.0000
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
Rooms
1
Bathrooms
4
Total area
4,840 SF
Lot
0.09 ac (4,086 SF)
Zoning code
C-1
APN
053041A C 02000
UPID
US80-1106805
Jurisdiction
LOUDON
Zoning & alternative use
C-1 · Loudon, TN
Zoning C-1 · permitted uses
C-1 · Loudon, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loudon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
Robert E Richesin
Individual
Free & Clear · 34 yrs held
Mailing address
3826 LK DR, LOUDON, TN 37774-5539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
Raymond Antonio George
—
Deed
related
$875,000 · Southeast Bank
Oct 6, 2023
—
Raymond George
—
Deed
related
$479,000 · Southeast Bank
Jun 9, 1992
$45,000
Robert E Richesin
Unknown
Grant Deed
—
—
—
Smith,james L SR & Carolyn J
—
Deed Of Trust
related
$360,000 · Peoples Bk/e Tn
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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