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Property profile & analytics
FOR SALE
Grocery and convenience stores
56 Kenworth Blvd, Jackson, TN 38305
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US80-3323307
For Sale
1 / 17
$1,200,000
56 Kenworth Blvd, Jackson, TN 38305
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,395 SF
Lot
0.85 ac (37,026 SF)
Zoning code
SC1
APN
057042 06107
UPID
US80-3323307
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bhavna Patel · 12 yrs held
Bhavna Patel
since 2013
7 recorded transactions
Zoning & alternative use
SC1 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,077
Tax year 2022
Assessed value
$88,280
Assessed 2023
Previous assessed
$88,280
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$37,400
Assessed improvement
$50,880
Land market value
$93,500
Improvement market value
$127,200
Total market value
$220,700
Applied tax rate
57.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,395 SF
Lot
0.85 ac (37,026 SF)
Zoning code
SC1
APN
057042 06107
UPID
US80-3323307
Jurisdiction
MADISON
Zoning & alternative use
SC1 · Jackson, TN
Zoning SC1 · permitted uses
SC1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Bhavna Patel
Individual
Mailing address
81 RED BIRD DR, LEXINGTON, TN 38351-4769
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2017
—
Kamlesh A Patel
—
Deed
related
$1,136,261 · Firstbank
Aug 8, 2013
$1,500,000
Bhavna Patel
New Century Props & Inv LLC
Warranty Deed
—
Jan 19, 2012
—
New Century Props & Inv LLC
—
Trustees Deed
related
$200,000 · Banktennessee
May 7, 2008
$5,000,000
New Century Props & Inv LLC
Gibson Properties INC
Warranty Deed
related
$4,250,000 · Banktennessee
Sep 7, 2006
$550,000
Gibson Properties
Fisher,j Paul
Warranty Deed
$3,698,238 · Regions Bank
Jul 17, 1991
$117,500
J Paul Fisher
Unknown
Grant Deed
—
Dec 30, 1988
$240,000
J Paul Fisher
Unknown,
Grant Deed
—
—
—
Staggs R Scott
—
Deed Of Trust
related
$41,600 · First Citizens Bank
—
—
Kamlesh A Patel
—
Deed Of Trust
related
$1,136,261 · Firstbank
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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