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Property profile & analytics
OFF-MARKET
Estimated value
$8,710,000
Retail space
Knight St Portland, TN 37148
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1244655
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,058 SF
Lot
4.58 ac (199,505 SF)
APN
083033P A 01300
UPID
US80-1244655
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
$9.64M
CAP Approach
CAP
$8.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.71M
Owner & transaction history
Olive Branch Portland LLC · 4 yrs held
Olive Branch Portland LLC
since 2021
Last sale
$7.8M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.2M
+147.7%
Medical building
$8.9M
+138.5%
Commercial (general)
$6.5M
+74.4%
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$9,850,000
ML approach
$9,640,000
CAP Approach
CAP Return
Estimation
6%
$9,150,000
6.5%
$8,445,000
7%
$7,845,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$9,190,000
Change: +148% · Conversion: Difficult
MEDICAL BUILDING
$8,850,000
Change: +139% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,470,000
Change: +74% · Conversion: Easy
Blend value · Realmo final
$8.71M
Range $7.84M – $9.58M · ±10% · vs last sale $7.80M (Sep 15 2021)
Last sale anchor
$7.80M
Sep 15 2021
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
$362 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$20,242
Tax year 2023
Assessed value
$593,240
Assessed 2023
Previous assessed
$593,240
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$290,640
Assessed improvement
$302,600
Land market value
$726,600
Improvement market value
$756,500
Total market value
$1,483,100
Applied tax rate
83.0000
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
11
Total area
24,058 SF
Lot
4.58 ac (199,505 SF)
APN
083033P A 01300
UPID
US80-1244655
Jurisdiction
SUMNER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$6.5M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
11
Lot
4.58 ac
Current owner
From public records · entity-resolved
Olive Branch Portland LLC
Entity
Free & Clear · 4 yrs held
Mailing address
316 WELLING CIR, GREENVILLE, SC 29607-3938
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2021
$7,800,000
Olive Branch Portland LLC
Portland Station LLC
Special Warranty Deed
—
Jun 24, 2004
$540,000
Portland Station LLC
Caughron,howard L & Marguerite
Warranty Deed
$3,045,000 · Lasalle National Bank
Dec 21, 2001
$290,000
Howard L Caughron
Collins,larry & Wanda
Grant Deed
—
Mar 22, 1993
$177,650
State Of Tennessee
Unknown
Grant 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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