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Property profile & analytics
OFF-MARKET
Office Spaces
517 Lk Rd Dyersburg, TN 38024-4165
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-3436084
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,160 SF
Lot
0.22 ac (9,768 SF)
APN
023088O E 00800
UPID
US80-3436084
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
-
Raymond James Financial Services Financial Advisor
-
Cornerstone Wealth Management Bank Credit Union
-
Lowery Essentials (Bike/Boat/Book/etc) Store Cosmetic Store
-
Your Books for Less, LLc Accounting Firm
-
Lowery Photography Photography Service (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
Curtis Colbert · 3 yrs held
Curtis Colbert
since 2023
Last sale
$192,000
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 Dyersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dyersburg 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
$62,880
Assessed 2023
Previous assessed
$62,560
+0.5% YoY
Assessed land
$14,400
Assessed improvement
$48,480
Land market value
$36,000
Improvement market value
$121,200
Total market value
$157,200
Applied tax rate
23.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
3,160 SF
Lot
0.22 ac (9,768 SF)
APN
023088O E 00800
UPID
US80-3436084
Jurisdiction
DYER
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Curtis Colbert
Individual
Free & Clear · 3 yrs held
Mailing address
1645 LAURA LN, DYERSBURG, TN 38024-2916
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
—
Curtis Colbert
Curtis Colbert
Intrafamily Transfer
related
—
Dec 30, 2022
—
Curtis Colbert
H C Management LLC
Quit Claim Deed
related
—
Nov 30, 2018
$192,000
Hc Management LLC
Davis,richard C & Jennifer H
Warranty Deed
—
May 2, 2007
$167,000
Richard C Davis
Keeling,jackie W & Mary E
Warranty Deed
$169,455 · First Citizens Nat'l Bk/oaklan
Jul 19, 1988
$41,000
John E Armstrong JR
Unknown
Grant Deed
—
Jan 26, 1988
$21,700
Robert S Smith
Unknown,
Grant Deed
—
—
—
Davis,richard C & Jennifer H
—
Loan Modification
related
—
—
—
Richard C Davis
—
Loan Modification
related
—
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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