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Property profile & analytics
OFF-MARKET Estimated value $885,000
Office Spaces

606 Bockman Way Sparta, TN 38583-1522

7,520 SF 0.54 ac lot Built 1960
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-1791148
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1960
Total area 7,520 SF
Lot 0.54 ac (23,522 SF)
Zoning code C-D
APN 093049P A 01900
UPID US80-1791148
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
  • Gary Maxwell Insurance Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$879k
Blend (final) Blend
$885k
Owner & transaction history
Gary Maxwell · 7 yrs held
Gary Maxwell
since 2019
3 recorded transactions
2022
Price N/A
2019
$390,000
2017
$340,000
Zoning & alternative use
C-D · Sparta, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are also considered to have a moderate impact. The following uses shall be 14-112 considered to have a moderate impact regardless of zoning classification: off- site parking lots located in resident ial district, gasoline serv…

Zone name Commercial D Districts
General category INDUSTRIAL
Zone area 1,341.74 ac
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