Back to Search
Property profile & analytics
FOR SALE
Retail space
511 Central Ave W Jamestown, TN 38556
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2584247
For Sale
1 / 23
$389,900
511 Central Ave W, Jamestown, TN 38556
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
3,240 SF
Lot
0.49 ac (21,280 SF)
Zoning code
C-1
APN
025053P B 00500
UPID
US80-2584247
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
-
Sharp's Auto Repair Auto Repair Shop
-
Johnson's Barber Shop Barber Shop
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
Sharp,donald & Ilene · 20 yrs held
Sharp,donald & Ilene
since 2006
7 recorded transactions
Zoning & alternative use
C-1 · Jamestown, 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 Jamestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamestown 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
$62,280
Assessed 2023
Previous assessed
$38,600
+61.3% YoY
Assessed land
$22,000
Assessed improvement
$40,280
Land market value
$55,000
Improvement market value
$100,700
Total market value
$155,700
Applied tax rate
25.0000
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
For Sale
Year built
1964
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
0
Total area
3,240 SF
Lot
0.49 ac (21,280 SF)
Zoning code
C-1
APN
025053P B 00500
UPID
US80-2584247
Jurisdiction
FENTRESS
Zoning & alternative use
C-1 · Jamestown, TN
Zoning C-1 · permitted uses
C-1 · Jamestown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jamestown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
0.49 ac
Current owner
From public records · entity-resolved
Sharp,donald & Ilene
Individual
Mailing address
1638 PICKETT PARK HWY, JAMESTOWN, TN 38556-2904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2017
—
Donald Sharp
—
Deed
related
$50,000 · Union Bk/jamestown
Nov 7, 2016
—
Donald Sharp
—
Deed
related
$231,847 · Union Bk/jamestown
Apr 28, 2008
—
Sharp,donald & Ilene
—
Trustees Deed
related
$50,425 · Union Bk/jamestown
Feb 6, 2006
$55,000
Sharp,donald & Ilene
Smith,larry & Marilyn
Warranty Deed
$61,765 · Union Bk/jamestown
—
—
Donald Sharp
—
Deed Of Trust
related
$231,847 · Union Bk/jamestown
—
—
Sharp,donald & Ilene
—
Deed Of Trust
related
$23,895 · Union Bk/jamestown
—
—
Donald Sharp
—
Deed Of Trust
related
$50,000 · Union Bk/jamestown
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?”
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.
