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Property profile & analytics
OFF-MARKET
Estimated value
$3,760,000
Retail properties & Spaces
917 Decatur Pike Athens, TN 37303-3037
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-0119599
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
63,886 SF
Lot
5.31 ac (231,304 SF)
Zoning code
B-2
APN
054056K A 01000
UPID
US80-0119599
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
-
INGLES Gas Station
-
Ingles Pharmacy Pharmacy
-
Ingles Market Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.87M
Blend (final)
Blend
$3.76M
Owner & transaction history
Mo Athens LLC · 10 yrs held
Mo Athens LLC
since 2016
7 recorded transactions
Zoning & alternative use
B-2 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.9M
+1.9%
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$4,840,000
Current use
WAREHOUSE, STORAGE
$4,935,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.76M
Range $3.38M – $4.14M · ±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
$59 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,840
Tax year 2023
Assessed value
$1,332,000
Assessed 2023
Previous assessed
$1,155,520
+15.3% YoY
Effective rate
2.09%
On assessed value
Assessed land
$179,040
Assessed improvement
$1,152,960
Land market value
$447,600
Improvement market value
$2,882,400
Total market value
$3,330,000
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
4
Total area
63,886 SF
Lot
5.31 ac (231,304 SF)
Zoning code
B-2
APN
054056K A 01000
UPID
US80-0119599
Jurisdiction
MCMINN
Zoning & alternative use
B-2 · Athens, TN
Zoning B-2 · permitted uses
B-2 · Athens, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$4.9M
RETAIL STORES Current
WAREHOUSE, STORAGE
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
5.31 ac
Current owner
From public records · entity-resolved
Mo Athens LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
Ownership since
2016
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
Jan 26, 2016
—
Mo Athens LLC
Rcg-athens Tn LLC
Quit Claim Deed
related
—
Jan 26, 2016
$8,150,000
Mo Athens LLC
Rcg Athens Tn LLC
Special Warranty Deed
—
Apr 29, 2013
—
Rcg-athens Tn LLC
Mcminn Plaza Associates LLC
Quit Claim Deed
related
—
Apr 29, 2013
$5,050,000
Rcg-athens Tn LLC
Mcminn Plaza Associates LLC
Warranty Deed
—
Jan 25, 2006
—
Professional Jewelers
—
Trustees Deed
related
$140,000 · Citizens National Bank
Nov 15, 2002
$6,200,000
Mcminn Plaza Associates Ll
Mcminn Holdings
Grant Deed
related
—
Sep 26, 2001
—
Mcminn Holdings INC
United Investors
Grant Deed
related
—
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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