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Property profile & analytics
FOR SALE
Commercial land
896 University St Martin, TN 38237
Entity Owned
3-yr Hold
Property ID
US80-0321773
For Sale
1 / 8
Contact for pricing
896 University St, Martin, TN 38237
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Property summary
AI-generated overview
55 +/- acres of land located along martin's main east-west commercial artery and centrally located within the city's most recent development property lays mostly flat to gently rolling property is zoned p-b (planned business district) and r-1 (low density residential district) less than a mile from university of tennessee - martin (enrollment around 6,700 students) development opportunity to become main retail center servicing the university's students, faculty and staff (possibility for anchor/shopping center and frontage out parcels) Located on university st. Within walking distance to the university of tennessee at martin.
Property profile
Verified
Property type
Commercial land
UPID
US80-0321773
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
-
A PLUS STORAGE MARTIN Storage Facility
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
Utfi Real Estate LLC · 3 yrs held
Utfi Real Estate LLC
since 2022
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 Martin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martin 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
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 land
Status
For Sale
UPID
US80-0321773
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Utfi Real Estate LLC
Entity
Ownership since
2022
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
Dec 27, 2022
$1,300,000
Utfi Real Estate LLC
Horne Development LP
Special Warranty Deed
—
Oct 25, 2022
$250,000
Universal Exports LLC
Horne Development LP
Warranty Deed
—
May 6, 2021
—
Universal Exports LLC
—
Deed
related
$350,000 · Citizens Bank
Mar 2, 2021
—
Universal Exports LLC
Thompson Mcconnell And Hurst Cpas P
Quitclaim Deed
related
—
Nov 25, 2020
$250,000
Thompson Mcconnell & Hurst Cpa
Horne Dev LP
Warranty Deed
—
Aug 21, 2019
—
Montgomery Rental LLC
Entity 1 LLC
Quitclaim Deed
related
—
May 15, 2019
$200,000
Entity 1 LLC
Horne Dev LP
Warranty 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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