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Property profile & analytics
OFF-MARKET
Retail space
514 Broadway Blvd Jefferson City, TN 37760-2905
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0712043
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
1,818 SF
Lot
0.71 ac (30,928 SF)
Zoning code
R-2
APN
015O A 00400
UPID
US80-0712043
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
-
Palomas Bakery and Restaurant Bakery Specialty Food 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
Jian Zhen Heatley · 4 yrs held
Jian Zhen Heatley
since 2022
Last sale
$330,000
5 recorded transactions
Zoning & alternative use
R-2 · Jefferson City, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to establish areas for multi-family dwellings and related uses. The multiple family districts are further provided to serve as zones of transition between the nonresidential districts and the lower density single family districts.
Zone name
Multiple Family Residential District
General category
RESIDENTIAL
Zone area
663.97 ac
Source
Realmo
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 Jefferson City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson City 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
$167,160
Assessed 2023
Previous assessed
$167,160
+0.0% YoY
Assessed land
$108,160
Assessed improvement
$59,000
Land market value
$270,400
Improvement market value
$147,500
Total market value
$417,900
Applied tax rate
45.0000
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
1978
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
1,818 SF
Lot
0.71 ac (30,928 SF)
Zoning code
R-2
APN
015O A 00400
UPID
US80-0712043
Jurisdiction
JEFFERSON
Zoning & alternative use
R-2 · Jefferson City, TNZoning R-2 · permitted uses
R-2 · Jefferson City, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to establish areas for multi-family dwellings and related uses. The multiple family districts are further provided to serve as zones of transition between the nonresidential districts and the lower density single family districts.
Zone name
Multiple Family Residential District
General category
RESIDENTIAL
Zone area
663.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Jian Zhen Heatley
Individual
Mailing address
1112 FOXWOOD DR, SEVIERVILLE, TN 37862-6000
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Shoffner Family Foods LLC
—
Deed
related
$910,000 · Hearthside Bank Corp
Apr 22, 2022
$412,000
Jian Zhen Heatley
Ronald R Heatley
Warranty Deed
related
$259,070 · Tennessee State Bank
Jan 25, 2018
—
Ronald R Heatley
Heatley,jian Z
Quit Claim Deed
related
—
Jul 5, 2017
$330,000
Ronald R Heatley
Swann,calvin C & Jean
Warranty Deed
—
Aug 16, 1991
$50,000
Calvin C Swann
Unknown
Grant Deed
—
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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