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Property profile & analytics
OFF-MARKET Estimated value $550,000
Commercial land

Hospital Dr Carthage, TN 37030

13,902 SF 0.86 ac lot Built 1959
Individually Owned 10-yr Hold Free & Clear
Property ID
US80-1948392
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1959
Total area 13,902 SF
Lot 0.86 ac (37,462 SF)
Zoning code C-2
APN 080045P A 01500
UPID US80-1948392
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
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$568k
Blend (final) Blend
$550k
Owner & transaction history
Jonathan A Long · 10 yrs held
Jonathan A Long
since 2016
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2016
$10,000
2013
$11.1M
Zoning & alternative use
C-2 · Carthage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Within the C-2 General Commercial District, as shown on the Official Carthage Zoning Map, the following regulations shall apply: 11-505.2 PERMITIED USES ll-505.2A Business and personal services; all those permitted in the C-1 Central Commercial District and including the following types of establishments: Dry cleaning and laundry service, electrical repair,…

Zone name General Commercial
General category COMMERCIAL
Zone area 149.03 ac
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