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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office Spaces
698 Main St Hendersonville, TN 37075-2607
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1449412
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Total area
3,728 SF
Lot
0.55 ac (23,958 SF)
Zoning code
GCS
APN
083146 06202
UPID
US80-1449412
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
-
GSG Computers Tech Support Center (Bike/Boat/Book/etc) Store
-
Hendersonville Animal Hospital Veterinary Clinic
-
Ricks Cuttin Quarters Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$650k
Owner & transaction history
Mfe Holdings LLC · 4 yrs held
Mfe Holdings LLC
since 2022
4 recorded transactions
Zoning & alternative use
GCS · Hendersonville, TN
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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
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
$174 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,799
Tax year 2023
Assessed value
$455,800
Assessed 2023
Previous assessed
$455,800
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$320,960
Assessed improvement
$134,840
Land market value
$802,400
Improvement market value
$337,100
Total market value
$1,139,500
Applied tax rate
83.0000
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
2007
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
5
Total area
3,728 SF
Lot
0.55 ac (23,958 SF)
Zoning code
GCS
APN
083146 06202
UPID
US80-1449412
Jurisdiction
SUMNER
Zoning & alternative use
GCS · Hendersonville, TNZoning GCS · permitted uses
GCS · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2025 Zoning ordinance
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
0.55 ac
Current owner
From public records · entity-resolved
Mfe Holdings LLC
Entity
Mailing address
698 E MAIN ST, HENDERSONVILLE, TN 37075-2607
Mailing matches property
Yes
Owner-occupied
Yes
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 22, 2022
—
Mfe Holdings LLC
Aine C Corridon
Quit Claim Deed
related
—
Aug 5, 2013
—
Aine C Corridon
Greenwell,gregory W
Quit Claim Deed
related
—
Sep 15, 2006
—
Greenwell,aine C
Hendersonville Animal Hosp LLC
Trustees Deed
$1,200,000 · Cit Small Business Lending Co
—
—
Aine C Greenwell
—
Deed Of Trust
related
$603,500 · Bank Of America
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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