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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Retail space
604 Boyds Crk Hwy, Seymour, TN 37865-5028
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-2794719
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
FRAME
Total area
11,508 SF
Lot
2.55 ac (111,078 SF)
Zoning code
C-2
APN
078045F D 00100
UPID
US80-2794719
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$1.82M
Owner & transaction history
Ronnie D Shelby · 4 yrs held
Ronnie D Shelby
since 2022
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
C-2 · Seymour, 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 Seymour submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seymour 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
$1,620,000
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
$2,345,000
6.5%
$2,165,000
7%
$2,010,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,695,000
Current use
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $1.83M (Feb 24 2022)
Last sale anchor
$1.83M
Feb 24 2022
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
$158 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$467
Tax year 2021
Assessed value
$440,400
Assessed 2023
Previous assessed
$440,400
+0.0% YoY
Effective rate
0.11%
On assessed value
Assessed land
$63,160
Assessed improvement
$377,240
Land market value
$157,900
Improvement market value
$943,100
Total market value
$1,101,000
Applied tax rate
78.0000
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
2021
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
11,508 SF
Lot
2.55 ac (111,078 SF)
Zoning code
C-2
APN
078045F D 00100
UPID
US80-2794719
Jurisdiction
SEVIER
Zoning & alternative use
C-2 · Seymour, TN
Zoning C-2 · permitted uses
C-2 · Seymour, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seymour. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
Ronnie D Shelby
Individual
Free & Clear · 4 yrs held
Mailing address
58 RUSHING RD, ETHRIDGE, TN 38456-5657
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
$1,828,000
Ronnie D Shelby
Jmb Investment Company LLC
Special Warranty Deed
—
Aug 22, 2017
—
Walt Dickson
—
Deed
related
—
May 11, 2009
—
Walt Dickson
—
Deed Of Trust
related
$3,500,000 · Home Federal Bank Tennessee
—
—
Walt Dickson
—
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.
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