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Property profile & analytics
FOR SALE
Commercial real estate
8555 Highway 64 Oakland, TN 38068
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1225725
For Sale
$300,000
8555 Highway 64, Oakland, TN 38068
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,120 SF
Lot
1 ac (43,560 SF)
Zoning code
B2
APN
024087 01903
UPID
US80-1225725
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
Darrick Jones · 4 yrs held
Darrick Jones
since 2021
Last sale
$160,000
7 recorded transactions
Zoning & alternative use
B2 · Somerville, 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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
Property tax & assessments
Assessed value
$53,240
Assessed 2023
Previous assessed
$53,240
+0.0% YoY
Assessed land
$48,000
Assessed improvement
$5,240
Land market value
$120,000
Improvement market value
$13,100
Total market value
$133,100
Applied tax rate
24.0000
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
For Sale
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
0
Total area
2,120 SF
Lot
1 ac (43,560 SF)
Zoning code
B2
APN
024087 01903
UPID
US80-1225725
Jurisdiction
FAYETTE
Zoning & alternative use
B2 · Somerville, TNZoning B2 · permitted uses
B2 · Somerville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1 ac
Current owner
From public records · entity-resolved
Darrick Jones
Individual
Mailing address
1980 MOSBY RD, OAKLAND, TN 38060-4706
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
Sep 7, 2021
$160,000
Darrick Jones
K & P Realty LLC
Warranty Deed
$150,000 · K & P Realty LLC
Mar 2, 2007
$325,000
Deynath Pidikiti
Harris,timothy L
Warranty Deed
$276,250 · Pulaski Bank
Feb 12, 2007
$182,800
Deynath Pidikiti
Harris,timothy L
Warranty Deed
$155,380 · Pulaski Bank
Dec 11, 2006
$500,000
Balvinder Kumar
Harris,timothy L
Warranty Deed
$300,000 · Paragon National Bank
Dec 28, 2004
—
Timothy L Harris
Harris,timothy L & Alicia G
Quit Claim Deed
related
$276,047 · Bancorp South Bank
Sep 2, 2003
$135,000
Intersouth Construction
Masco Builders E
Grant Deed
—
Feb 7, 1993
$44,500
William H Glover
Unknown
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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