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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Strip malls
5285 Airline Rd Arlington, TN 38002-4267
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-3410538
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Total area
1,600 SF
Lot
1.33 ac (57,978 SF)
Zoning code
S-C
APN
A01-42 - - -00495-C
UPID
US80-3410538
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.05M
Owner & transaction history
Arlington Development Company LLC · 2 yrs held
Arlington Development Company LLC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
S-C · Arlington, 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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
Method
Estimation
Statistic approach
$5,045,000
ML approach
$5,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±10% · vs last sale $5.04M (Nov 26 2024)
Last sale anchor
$5.04M
Nov 26 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$3,153 / SF
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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,732
Tax year 2022
Assessed value
$272,640
Assessed 2023
Previous assessed
$272,640
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$193,040
Assessed improvement
$79,600
Land market value
$482,600
Improvement market value
$199,000
Total market value
$681,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1977
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
2
Total area
1,600 SF
Lot
1.33 ac (57,978 SF)
Zoning code
S-C
APN
A01-42 - - -00495-C
UPID
US80-3410538
Jurisdiction
SHELBY
Zoning & alternative use
S-C · Arlington, TN
Zoning S-C · permitted uses
S-C · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
1.33 ac
Current owner
From public records · entity-resolved
Arlington Development Company LLC
Entity
Mailing address
8888 MIDSOUTH DR #116, OLIVE BRANCH, MS 38654-2908
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
—
Arlington Development Company LLC
Westbranch LLC
Quit Claim Deed
related
$7,128,113 · Patriot Bank
Dec 30, 2019
—
Arlington Dev Co
—
Trustees Deed
related
$1,832,850 · Cb&s Bk
Dec 14, 2018
$510,000
Arlington Dev Co LLC
Pcg Packaging LLC
Warranty Deed
—
Dec 14, 2018
$75,000
Westbranch LLC
Arlington Dev Co LLC
Warranty Deed
$1,250,000 · Planters Bk
Dec 4, 2018
$46,820
Town Of Arlington
Pcg Packaging LLC
Warranty Deed
—
Oct 31, 2017
$450,000
Pcg Packaging LLC
Cbascom Family LLC
Warranty Deed
$361,826 · Patriot Bk
Sep 8, 2017
—
C Bascom Family LLC
—
Trustees Deed
related
$725,000 · Patriot Bk
Feb 12, 2016
—
C Bascom Family LLC
5285 Airline Road Partners
Quit Claim Deed
related
$167,548 · First Citizens Nat'l Bk
Jan 8, 2007
—
5285 Airline Road Partners
—
Trustees Deed
related
$50,000 · Bank Of Tipton
May 3, 2006
$314,000
5285 Airline Road Partners
Bascom,glen E II & Teresa L
Warranty Deed
$250,000 · First Citizens National Bank
Apr 29, 2002
$91,500
Glen E Bascom
Bank One NA Trustee
Grant Deed
$82,350 · Bancorp South Bank
Dec 18, 2001
$88,875
Bank One NA Trustee
Tapp,edward A & Linda K
Trustees Deed
related
—
—
—
Arlington Dev Co
—
Deed Of Trust
related
$1,832,850 · Cb&s Bk
—
—
5285 Airline Road Partners
—
Loan Modification
related
—
—
—
Edward A Tapp
—
Deed Of Trust
related
$106,250 · Expanded Mortgage Credit
—
—
Glen E Bascom
—
Deed Of Trust
related
$110,700 · First Citizens National Bank
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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