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Property profile & analytics
OFF-MARKET
Commercial real estate
721 Co Op Dr Halls, TN 38040-7755
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1190491
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
FRAME
Total area
6,300 SF
Lot
1.66 ac (72,310 SF)
Zoning code
M1
APN
049019 01207
UPID
US80-1190491
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
James R Bennett III · 5 yrs held
James R Bennett III
since 2021
Last sale
$125,000
7 recorded transactions
Zoning & alternative use
M1 · Halls, 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 Halls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halls 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
Tax year 2018Property tax & assessments
Tax year 2018
Tax billed
$1,357
Tax year 2018
Assessed value
$38,840
Assessed 2023
Previous assessed
$35,680
+8.9% YoY
Effective rate
3.49%
On assessed value
Assessed land
$9,960
Assessed improvement
$28,880
Land market value
$24,900
Improvement market value
$72,200
Total market value
$97,100
Applied tax rate
49.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
6,300 SF
Lot
1.66 ac (72,310 SF)
Zoning code
M1
APN
049019 01207
UPID
US80-1190491
Jurisdiction
LAUDERDALE
Zoning & alternative use
M1 · Halls, TNZoning M1 · permitted uses
M1 · Halls, TN
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
1982
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
James R Bennett III
Individual
Mailing address
51 COUNTRYSIDE LN, HALLS, TN 38040-8636
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
$125,000
James R Bennett III
Orecle Auto Parts And Repair LLC
Warranty Deed
$100,000 · Simmons Bank
Nov 23, 2016
—
Orecle Auto Parts & Repair LLC
—
Trustees Deed
related
$65,000 · Jk Wong INC
Sep 7, 2016
$115,100
Orecle Auto Parts & Repair LLC
Wright,marty SR
Warranty Deed
$92,920 · Bancorpsouth
Jan 4, 2007
$125,000
Hamlet,david & Zina
Houston,howard R & Nancy L
Warranty Deed
—
—
—
Olusanya Ayodele
—
Deed Of Trust
related
$90,000 · Iberiabank
—
—
Hamlit,david B & Zina W
—
Deed Of Trust
related
$25,000 · Howard R & Nancy L Houston
—
—
Hamlet Machine Shop
—
Deed Of Trust
related
$125,000 · Lauderdale Cnty 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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