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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Retail space
840 Main St Decaturville, TN 38329-8035
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2265760
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
FRAME
Total area
8,970 SF
Lot
2.7 ac (117,612 SF)
APN
020068 00900
UPID
US80-2265760
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
-
Dollar General Discount Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$925k
Blend (final)
Blend
$825k
Owner & transaction history
Mark Smith · 3 yrs held
Mark Smith
since 2023
7 recorded transactions
Zoning & alternative use
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 Decaturville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decaturville 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
RETAIL STORES
$795,000
Current use
COMMERCIAL (GENERAL)
$680,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$92 / 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
Assessed value
$298,720
Assessed 2023
Previous assessed
$293,920
+1.6% YoY
Assessed land
$64,800
Assessed improvement
$233,920
Land market value
$162,000
Improvement market value
$584,800
Total market value
$746,800
Applied tax rate
20.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2013
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
8,970 SF
Lot
2.7 ac (117,612 SF)
APN
020068 00900
UPID
US80-2265760
Jurisdiction
DECATUR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$680,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2013
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Mark Smith
Individual
Free & Clear · 3 yrs held
Mailing address
100 MSN RDG, GOODLETTSVILLE, TN 37072-2171
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Apr 4, 2023
—
Mark Smith
Dolgencorp LLC
Quit Claim Deed
related
—
Jan 28, 2021
—
Dolgencorp LLC
Jpi LLC
Quit Claim Deed
related
—
Jan 19, 2021
$1,141,026
Jpi LLC
Vendome Farming Corporation
Special Warranty Deed
—
Nov 4, 2019
—
Vendome Farming Corporation
—
Deed
related
$75,000 · Simmons Bank
Feb 9, 2018
—
Vendome Farming Corporation
—
Deed
related
$1,741,204 · Simmons Bank
Apr 6, 2015
$1,223,228
Vendome Farming Corp
Sw Properties LLC
Warranty Deed
$936,390 · Hardin County Bank
Feb 4, 2013
$150,000
Sw Properties LLC
Scott,dale A & Michael R
Warranty Deed
$834,400 · Hardin Cnty Bk
—
—
S W Properties LLC
—
Loan Modification
related
$834,430 · Hardin 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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