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Property profile & analytics
OFF-MARKET
Commercial land
Bible Hl Rd Parsons, TN 38363
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2319487
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1 ac (43,560 SF)
Zoning code
B1
APN
020049L D 01500
UPID
US80-2319487
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
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
Broadway Kenneth JR. · 5 yrs held
Broadway Kenneth JR.
since 2020
Last sale
$48,500
7 recorded transactions
Zoning & alternative use
B1 · Parsons, 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 Parsons submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parsons 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
Property tax & assessments
Assessed value
$7,000
Assessed 2023
Previous assessed
$7,000
+0.0% YoY
Assessed land
$7,000
Land market value
$17,500
Total market value
$17,500
Applied tax rate
20.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1 ac (43,560 SF)
Zoning code
B1
APN
020049L D 01500
UPID
US80-2319487
Jurisdiction
DECATUR
Zoning & alternative use
B1 · Parsons, TNZoning B1 · permitted uses
B1 · Parsons, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
83 parsons, tn zo
Building & site characteristics
From public records
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Broadway Kenneth JR.
Individual
Free & Clear · 5 yrs held
Mailing address
419 MONTGOMERY RD, SCOTTS HILL, TN 38374-6627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Broadway Kenneth JR.
Valerie Broadway
Quit Claim Deed
related
—
Jul 9, 2015
—
Kenneth Broadway JR
—
Trustees Deed
related
$419,827 · Firstbank
Jul 25, 2013
—
Kenneth Broadway JR
—
Trustees Deed
related
$331,976 · Firstbank/w Mi
May 15, 2013
$48,500
Kenneth Broadway JR
University Of Tennessee Foun INC
Warranty Deed
—
Jun 1, 2009
$125,000
University Of Tennessee Foun INC
Alderson,charles M
Warranty Deed
—
May 4, 2004
$21,842
Charles M Alderson
King,dale
Grant Deed
—
Jan 23, 2004
$21,841
Dale King
Maxwell,effie
Grant Deed
—
Dec 15, 2000
$60,000
Jackie L Maxwell
Maxwell,jack & E
Grant Deed
related
—
—
—
Kenneth Broadway JR
—
Deed Of Trust
related
$420,930 · Farmers St Bk
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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