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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Office Spaces
655 Gerdau Dr Jackson, TN 38305
Individually Owned
12-yr Hold
Free & Clear
Property ID
US80-1214437
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Total area
1,000 SF
Lot
5 ac (217,800 SF)
Zoning code
I3
APN
057026 00301
UPID
US80-1214437
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
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Dale Nelson · 12 yrs held
Dale Nelson
since 2014
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
I3 · 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
Method
Estimation
Statistic approach
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Nov 21 2024)
Last sale anchor
$1.25M
Nov 21 2024
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
$1,250 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,315
Tax year 2022
Assessed value
$70,160
Assessed 2023
Previous assessed
$70,160
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$51,000
Assessed improvement
$19,160
Land market value
$127,500
Improvement market value
$47,900
Total market value
$175,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1997
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,000 SF
Lot
5 ac (217,800 SF)
Zoning code
I3
APN
057026 00301
UPID
US80-1214437
Jurisdiction
MADISON
Zoning & alternative use
I3 · Jackson, TN
Zoning I3 · permitted uses
I3 · 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
1997
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
5 ac
Current owner
From public records · entity-resolved
Dale Nelson
Individual
Free & Clear · 12 yrs held
Mailing address
645 GERDAU AMERISTEEL RD, JACKSON, TN 38305-7378
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
—
Roger D Nelson
—
Grant Deed
related
$2,000,000 · Centennial Bk
May 5, 2014
$75,000
Dale Nelson
Southern Concrete Products INC
Warranty Deed
—
May 4, 2004
$75,000
Southern Concrete Products INC
City Concrete Pr
Trustees Deed
—
Apr 30, 2004
$75,000
Concrete Products
City Concrete Products
Warranty Deed
related
—
Aug 10, 1993
$34,000
Teague Freddie
Unknown
Grant Deed
—
Aug 6, 1993
$34,000
Teague Freddie
Unknown,
Grant Deed
—
Jun 30, 1989
$42,000
Ellis White
Unknown,
Grant Deed
—
—
—
Roger D Nelson
—
Deed Of Trust
related
$1,061,923 · Centennial Bk
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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