Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Grocery and convenience stores
8617 Hwy 22 Dresden, TN 38225-2309
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1091840
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Construction
FRAME
Total area
3,894 SF
Lot
1.01 ac (43,996 SF)
Zoning code
8
APN
092101 10800
UPID
US80-1091840
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
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Vignaharta 24 LLC · 1 yrs held
Vignaharta 24 LLC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
8 · Dresden, 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 Dresden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dresden 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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Oct 14 2024)
Last sale anchor
$1.70M
Oct 14 2024
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
$437 / 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
$316,360
Assessed 2023
Previous assessed
$295,200
+7.2% YoY
Assessed land
$60,600
Assessed improvement
$255,760
Land market value
$151,500
Improvement market value
$639,400
Total market value
$790,900
Applied tax rate
92.0000
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
1998
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
3,894 SF
Lot
1.01 ac (43,996 SF)
Zoning code
8
APN
092101 10800
UPID
US80-1091840
Jurisdiction
WEAKLEY
Zoning & alternative use
8 · Dresden, TN
Zoning 8 · permitted uses
8 · Dresden, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dresden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Vignaharta 24 LLC
Entity
Mailing address
8617 HWY 22ND CV, DRESDEN, TN 38225-2309
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2024
$1,700,000
Vignaharta 24 LLC
Starlight Fuel LLC
Warranty Deed
$1,360,000 · The Bank Of Fayette County
Sep 23, 2024
—
Narinder S Mutti
Dresden Food Mart
Quit Claim Deed
related
—
May 10, 2022
$785,000
Dresden Food Mart
Sayle Oil Company INC
Warranty Deed
$667,250 · The Bank Of Fayette County
Sep 21, 2017
$700,000
Sayle Oil Co INC
Essary,lloyd T & Melanie
Warranty Deed
—
Nov 1, 2016
—
Lloyd Essary
—
Deed
related
$424,000 · Sayle Oil Co INC
Jul 1, 2008
$190,050
Lloyd T Essary
Essary,gaylon R
Quit Claim Deed
related
$783,179 · First St Bk/goff
Aug 24, 2006
—
Lloyd T Essary
—
Trustees Deed
related
$100,000 · First State Bank
—
—
Lloyd T Essary
—
Deed Of Trust
related
$500,000 · First State Bank
—
—
Lloyd T Essary
—
Deed Of Trust
related
$600,000 · First State Bank
—
—
Lloyd Essary
—
Deed Of Trust
related
$100,000 · Bancorp South Bank
—
—
Essary,lloyd T & Melanie
—
Loan Modification
related
—
—
—
Lloyd Essary
—
Deed Of Trust
related
$424,000 · Sayle Oil Co INC
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?”
You own 8617 Hwy 22?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
