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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Retail space
928 Scottsville Rd Lafayette, TN 37083-1401
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1576972
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2022
Construction
FRAME
Total area
9,240 SF
Lot
0.61 ac (26,564 SF)
APN
056050J D 01101
UPID
US80-1576972
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
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$926k
Blend (final)
Blend
$1.53M
Owner & transaction history
Jimmy Smith · 4 yrs held
Jimmy Smith
since 2022
Last sale
$1.6M
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$1,435,000
ML approach
$1,440,000
CAP Approach
CAP Return
Estimation
6%
$1,795,000
6.5%
$1,655,000
7%
$1,540,000
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.62M (May 3 2022)
Last sale anchor
$1.62M
May 3 2022
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
$166 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$1,679
Tax year 2019
Assessed value
$397,080
Assessed 2023
Previous assessed
$254,720
+55.9% YoY
Effective rate
0.42%
On assessed value
Assessed land
$50,000
Assessed improvement
$347,080
Land market value
$125,000
Improvement market value
$867,700
Total market value
$992,700
Applied tax rate
56.0000
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
2022
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
0
Total area
9,240 SF
Lot
0.61 ac (26,564 SF)
APN
056050J D 01101
UPID
US80-1576972
Jurisdiction
MACON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
0.61 ac
Current owner
From public records · entity-resolved
Jimmy Smith
Individual
Mailing address
5310 JOHNSON RD, MURFREESBORO, TN 37127-7905
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
$1,618,055
Jimmy Smith
Montgomery G Turner SR.
Special Warranty Deed
$1,213,500 · Ascend FCU
Mar 4, 2022
—
Scotty Keene
Montgomery G Turner SR.
Quit Claim Deed
related
—
Oct 12, 2021
$190,000
Montgomery G Turner SR.
Steven Herron
Warranty Deed
$1,267,000 · First Farmers & Merchants Bank
Mar 30, 2017
—
Steve Herron
Ferguson,eddie N & Melinda
Quit Claim Deed
related
—
Jul 18, 2013
$125,000
Eddie N Ferguson
Ferguson,timmy & Tony
Warranty Deed
related
$137,900 · Macon Bank & Trust Co
Dec 12, 1994
$60,000
Harold Ferguson
Ty-barr INC
Grant Deed
—
—
—
Tony Ferguson
—
Deed Of Trust
related
$111,000 · Macon Bank & Trust Co
—
—
Harold Ferguson
—
Deed Of Trust
related
$30,000 · Citizens Federal Bank Fsb
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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