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Property profile & analytics
OFF-MARKET
Commercial real estate
977 Old Hwy 68 Sweetwater, TN 37874
Individually Owned
Absentee Owner
Free & Clear
Property ID
US80-2426510
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
23.35 ac (1,017,126 SF)
Zoning code
R-1
APN
062023 08600
UPID
US80-2426510
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
-
Spooky Town Resort
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
Mark T White
Mark T White
since 2025
Last sale
$360,000
3 recorded transactions
Zoning & alternative use
R-1 · Sweetwater, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
14-306. R-1 Low density residential district . This district is established to provide for lower density residential options. Within the R-1 Low density residential district, as sh own on the "Zoning Map Sweetwater, Tennessee," the following regulations and other applicable provisions of this zoning code shall apply. (1) Uses permitted . (a) Detached single-…
Zone name
Low Density Residential District
General category
RESIDENTIAL
Zone area
2,296.40 ac
Source
planning 55 1118555470
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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
$1,511
Tax year 2022
Assessed value
$53,280
Assessed 2023
Previous assessed
$67,480
-21.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$37,360
Assessed improvement
$15,920
Land market value
$93,400
Improvement market value
$39,800
Total market value
$133,200
Applied tax rate
62.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
23.35 ac (1,017,126 SF)
Zoning code
R-1
APN
062023 08600
UPID
US80-2426510
Jurisdiction
MONROE
Zoning & alternative use
R-1 · Sweetwater, TNZoning R-1 · permitted uses
R-1 · Sweetwater, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
14-306. R-1 Low density residential district . This district is established to provide for lower density residential options. Within the R-1 Low density residential district, as sh own on the "Zoning Map Sweetwater, Tennessee," the following regulations and other applicable provisions of this zoning code shall apply. (1) Uses permitted . (a) Detached single-family dwellings and accessory apartments. A second single-family dwelling may be constructed on a parcel provided such parcel is larger than fifteen (15) acres, is an active farm, and is enrolled in the greenbelt program. (b) Customary home occupations, provided the conditions in
Zone name
Low Density Residential District
General category
RESIDENTIAL
Zone area
2,296.40 ac
Source
planning 55 1118555470
Building & site characteristics
From public records
Heating
NONE
Lot
23.35 ac
Current owner
From public records · entity-resolved
Mark T White
Individual
Free & Clear · 0 yrs held
Mailing address
926 HWY 70TH E, LENOIR CITY, TN 37772-6812
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
$360,000
Mark T White
Kimberly Ann Green
Warranty Deed
—
Jun 4, 2013
$100,000
Langdale Forest Products Co
Pedigo,james A & Audry A
Warranty Deed
—
Sep 13, 2011
$268,000
James E Filyaw
Pedigo,james A & Audry A
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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