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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
7359 State Rte 28 Dunlap, TN 37327-3515
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0987344
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Total area
4,840 SF
Lot
0.71 ac (30,928 SF)
Zoning code
FLOOD
APN
077048M C 00501
UPID
US80-0987344
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
Mahadeva LLC · 8 yrs held
Mahadeva LLC
since 2017
7 recorded transactions
Zoning & alternative use
FLOOD · Dunlap, 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 Dunlap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunlap 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,955
Tax year 2023
Assessed value
$205,200
Assessed 2023
Previous assessed
$129,640
+58.3% YoY
Effective rate
2.41%
On assessed value
Assessed land
$82,400
Assessed improvement
$122,800
Land market value
$206,000
Improvement market value
$307,000
Total market value
$513,000
Applied tax rate
77.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1990
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
4,840 SF
Lot
0.71 ac (30,928 SF)
Zoning code
FLOOD
APN
077048M C 00501
UPID
US80-0987344
Jurisdiction
SEQUATCHIE
Zoning & alternative use
FLOOD · Dunlap, TN
Zoning FLOOD · permitted uses
FLOOD · Dunlap, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunlap. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Mahadeva LLC
Entity
Mailing address
5734 STATE RTE 8TH 8, DUNLAP, TN 37327-6889
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
—
Mahadeva LLC
—
Deed
related
$2,000,000 · Citizens Tri-county Bank
Nov 2, 2017
—
Mahadeva LLC
Ajenya INC
Quit Claim Deed
related
—
Nov 2, 2017
$10,000,000
Mahadeva LLC
John F Elledge
Warranty Deed
$660,000 · Citizens Tri-county Bank
Mar 29, 2011
—
Elledge,john F & Jane E
Bolton,heath B & Rhonda
Quit Claim Deed
related
—
Oct 22, 2009
—
Kingdom Potential Ptshp
Bolton,heath B
Quit Claim Deed
related
—
Sep 24, 2008
—
Bolton,heath & Rhonda
—
Trustees Deed
related
$35,000 · Citizens Tri-cnty Bk
Jul 27, 2007
—
Bolton,heath & Rhonda
—
Trustees Deed
related
$25,000 · Citizens Tri-cnty Bk
Jan 13, 2006
—
Bolton,heath B
Miller,virginia C
Quit Claim Deed
related
$180,000 · Citizens Tri-cnty Bk
Sep 16, 2002
$375,000
Heath B Bolton
Miller,virginia
Grant Deed
—
Feb 28, 1992
$237,000
Bertrand P Miller
Unknown
Grant Deed
—
Aug 28, 1989
$25,000
J W Freeman
Unknown,
Grant Deed
—
—
—
Bolton,heath B & Rhonda S
—
Deed Of Trust
related
$400,000 · Citizens Tri-cnty Bk
—
—
Bolton,heath B & Rhonda S
—
Deed Of Trust
related
$446,000 · Peoples St Bk/cmrc
—
—
Elledge,john F & Jane E
—
Deed Of Trust
related
$499,000 · Peoples St Bk/cmrc
—
—
Bolton,heath B & Rhonda S
—
Deed Of Trust
related
$50,000 · Citizens Tri-cnty Bk
—
—
Bolton,heath B & Rhonda S
—
Deed Of Trust
related
$430,000 · Citizens Tri-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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