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Property profile & analytics
FOR SALE
Retail space
62 Waldren St Mc Kenzie, TN 38201
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-0453503
For Sale
1 / 11
Contact for pricing
62 Waldren St, Mc Kenzie, TN 38201
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Total area
3,724 SF
Lot
0.1 ac (4,320 SF)
APN
009012L N 00800
UPID
US80-0453503
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
-
Sunrise Cafe Restaurant
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
William Westerveld · 1 yrs held
William Westerveld
since 2025
Last sale
$60,000
7 recorded transactions
Zoning & alternative use
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 Mc Kenzie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Kenzie 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
$22,120
Assessed 2023
Previous assessed
$22,120
+0.0% YoY
Assessed land
$4,000
Assessed improvement
$18,120
Land market value
$10,000
Improvement market value
$45,300
Total market value
$55,300
Applied tax rate
9,000,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1992
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
3,724 SF
Lot
0.1 ac (4,320 SF)
APN
009012L N 00800
UPID
US80-0453503
Jurisdiction
CARROLL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
William Westerveld
Individual
Free & Clear · 1 yrs held
Mailing address
60 WINSTON RD, MC KENZIE, TN 38201-6248
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
$60,000
William Westerveld
Steven Scott
Warranty Deed
—
Nov 15, 2024
—
Steven Daniel Scott
—
Deed
related
$125,000 · Firstbank
Nov 1, 2022
$110,000
Steven Scott
John M Snead
Warranty Deed
—
Dec 9, 2021
$28,000
John M Snead
Leah N Wallace
Warranty Deed
$57,860 · Bank Of Gleason
Aug 10, 2020
$50,000
Leah N Wallace
Marlon Cathey
Warranty Deed
$40,077 · Bank Of Gleason
Mar 28, 2019
—
Marlin Cathey
—
Deed
related
$30,802 · Carroll Bk&tr
Oct 28, 2014
—
Marlon Cathey
Mcdaniel,freddie L JR & Jessy L
Quit Claim Deed
related
—
Dec 19, 2013
$75,000
Freddie L Mcdaniel JR.
Cathey,marlon & Tammy
Warranty Deed
$55,000 · Marlon & Tammy Cathey
Apr 12, 2010
$50,000
Cathey,marlon & Tammy
Fb Financial Services
Grant Deed
—
Mar 2, 1992
$7,500
Ricky Shands
Unknown
Grant Deed
—
—
—
Marlin Cathey
—
Deed Of Trust
related
$30,802 · Carroll Bk&tr
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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