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Property profile & analytics
OFF-MARKET
Retail space
602 Grv St Loudon, TN 37774
Individually Owned
14-yr Hold
Free & Clear
Property ID
US80-0359327
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
6,292 SF
Lot
0.15 ac (6,386 SF)
Zoning code
C-1
APN
053041A D 00900
UPID
US80-0359327
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
Carey H Bowen JR. · 14 yrs held
Carey H Bowen JR.
since 2011
7 recorded transactions
Zoning & alternative use
C-1 · Loudon, 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 Loudon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudon 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
$91,240
Assessed 2023
Previous assessed
$91,240
+0.0% YoY
Assessed land
$16,160
Assessed improvement
$75,080
Land market value
$40,400
Improvement market value
$187,700
Total market value
$228,100
Applied tax rate
53.0000
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
1952
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
6,292 SF
Lot
0.15 ac (6,386 SF)
Zoning code
C-1
APN
053041A D 00900
UPID
US80-0359327
Jurisdiction
LOUDON
Zoning & alternative use
C-1 · Loudon, TN
Zoning C-1 · permitted uses
C-1 · Loudon, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loudon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Carey H Bowen JR.
Individual
Free & Clear · 14 yrs held
Mailing address
604 GRV ST, LOUDON, TN 37774-1430
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
—
Bowen H JR.
—
Deed
related
$349,786 · Atlantic Cap Bk
Dec 27, 2011
—
Carey H Bowen JR.
Carey,rachel B
Quit Claim Deed
related
—
Jun 1, 2010
—
Carey H Bowen JR.
—
Trustees Deed
related
$78,712 · Fsgbank
Jan 5, 2010
—
Carey H Bowen JR.
—
Trustees Deed
related
$145,000 · Fsgbank
Dec 2, 2008
—
Carey H Bowen JR.
—
Trustees Deed
related
$200,000 · Fsgbank
Dec 27, 2006
—
Carey H Bowen JR.
Grove Street Ltd
Quit Claim Deed
related
—
—
—
Carey H Bowen JR.
—
Deed Of Trust
related
$81,040 · Fsgbank
—
—
Carey H Bowen JR.
—
Deed Of Trust
related
$80,234 · Fsgbank
—
—
Carey H Bowen JR.
—
Deed Of Trust
related
$466,811 · Fsgbank
—
—
Bowen H JR.
—
Loan Modification
related
$349,786 · Atlantic Cap Bk
—
—
Carey H Bowen JR.
—
Deed Of Trust
related
$243,916 · Fsgbank
—
—
Carey,h Bowen JR
—
Deed Of Trust
related
$79,581 · Fsgbank
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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