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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Office Spaces
711 Main N St Carthage, TN 37030-1213
Individually Owned
Free & Clear
Property ID
US80-1445352
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1946
Total area
11,136 SF
Lot
0.85 ac (37,026 SF)
Zoning code
R-2
APN
080053D C 01300
UPID
US80-1445352
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
-
Carthage Church of Christ Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$786k
Blend (final)
Blend
$960k
Owner & transaction history
CHURCH CHRIST CARTHAGE
CHURCH CHRIST CARTHAGE
Zoning & alternative use
R-2 · Carthage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SECTION 11-502 R-2 MEDIUM DENSITY RESIDENTIAL DISTRICT 11-502.1 GENERAL DESCRIPTION The purpose of the R-2 District is to provide a medium density residential environment having good access to schools, public water and sewer, and other corrununity services, but well separated from other incompatible uses and activities. Within the R-2 High Density Residentia…
Zone name
Medium Density Residential
General category
CIVIC_INSTITUTIONAL
Zone area
269.77 ac
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 Carthage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carthage 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$785,000
Current use
RETAIL STORES
$745,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$86 / 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
Property tax & assessments
Land market value
$50,000
Improvement market value
$508,300
Total market value
$558,300
Applied tax rate
80.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1946
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
11,136 SF
Lot
0.85 ac (37,026 SF)
Zoning code
R-2
APN
080053D C 01300
UPID
US80-1445352
Jurisdiction
SMITH
Zoning & alternative use
R-2 · Carthage, TNZoning R-2 · permitted uses
R-2 · Carthage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SECTION 11-502 R-2 MEDIUM DENSITY RESIDENTIAL DISTRICT 11-502.1 GENERAL DESCRIPTION The purpose of the R-2 District is to provide a medium density residential environment having good access to schools, public water and sewer, and other corrununity services, but well separated from other incompatible uses and activities. Within the R-2 High Density Residential District, as shown on the Official Carthage Zoning Map, the following regulations shall apply: 11-502.2 PERMITTED USES 11-502.2A Single-family detached and two-family dwellings, exclurung mobile homes. 11-502.2B Accessory apartments for single-family detached dwellings when in conformance with the provisions of Section 11-501.3A of this Official Zoning Code. ll-502 .2C Accessory buildings or uses customarily incidental to aforementioned permitted uses. Such uses may include noncorrunercial gardens and greenhouses, tool sheds, unattached carports and garages, swimming pools (subject to the provisions of
Zone name
Medium Density Residential
General category
CIVIC_INSTITUTIONAL
Zone area
269.77 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$785,000
RETAIL STORES
Est. value
$745,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1946
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
CHURCH CHRIST CARTHAGE
Individual
Free & Clear · 0 yrs held
Mailing address
711 MAIN ST N, CARTHAGE, TN 37030-1213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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