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Property profile & analytics
OFF-MARKET
Retail space
974 Broad St Lexington, TN 38351-2228
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0954174
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
1,800 SF
Lot
4.07 ac (177,289 SF)
Zoning code
B2
APN
039101 06303
UPID
US80-0954174
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
-
Stanfill Enterprises Co., Inc. Trucking Company
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
Brent Mayfiel · 8 yrs held
Brent Mayfiel
since 2018
6 recorded transactions
Zoning & alternative use
B2 · Lexington, 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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,181
Tax year 2022
Assessed value
$45,880
Assessed 2023
Previous assessed
$34,840
+31.7% YoY
Effective rate
2.57%
On assessed value
Assessed land
$12,080
Assessed improvement
$33,800
Land market value
$30,200
Improvement market value
$84,500
Total market value
$114,700
Applied tax rate
39.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
1,800 SF
Lot
4.07 ac (177,289 SF)
Zoning code
B2
APN
039101 06303
UPID
US80-0954174
Jurisdiction
HENDERSON
Zoning & alternative use
B2 · Lexington, TNZoning B2 · permitted uses
B2 · Lexington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning ordinance
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
4.07 ac
Current owner
From public records · entity-resolved
Brent Mayfiel
Individual
Mailing address
974 S BROAD ST, LEXINGTON, TN 38351-2228
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2018
$480,000
Brent Mayfiel
Gary Ray Stanfill Trust Ptshp
Warranty Deed
$250,000 · Gary Ray Stanfill Tr Ptshp
Jul 2, 2018
—
Gary Ray Stanfill Trust
Stanfill Gary R Trust
Quit Claim Deed
related
—
Dec 23, 2013
—
Stanfill,gary R Trust
Stanfill Ents Co INC
Quit Claim Deed
related
—
Jul 8, 2009
—
Stanfill Ents Co INC
—
Trustees Deed
related
$150,000 · Firstbank Br 02
—
—
Stanfill Ents Co INC
—
Loan Modification
related
$265,000 · Firstbank
—
—
Stanfill Ents Co INC
—
Deed Of Trust
related
$265,000 · Firstbank/w Mi
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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