Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Office Spaces
Old A J W Hwy New Market, TN 37820
Entity Owned
9-yr Hold
Property ID
US80-2745163
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2017
Total area
7,608 SF
Lot
5 ac (217,800 SF)
Zoning code
I-1
APN
032 03304
UPID
US80-2745163
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
$1.48M
Blend (final)
Blend
$1.47M
Owner & transaction history
Nella Constructors INC · 9 yrs held
Nella Constructors INC
since 2016
4 recorded transactions
Zoning & alternative use
I-1 · New Market, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 New Market submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Market 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10%
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
$193 / 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
Property tax & assessments
Assessed value
$318,080
Assessed 2023
Previous assessed
$318,080
+0.0% YoY
Assessed land
$25,920
Assessed improvement
$292,160
Land market value
$64,800
Improvement market value
$730,400
Total market value
$795,200
Applied tax rate
45.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2017
Heating
YES
Cooling
YES
Stories
1
Bathrooms
4
Total area
7,608 SF
Lot
5 ac (217,800 SF)
Zoning code
I-1
APN
032 03304
UPID
US80-2745163
Jurisdiction
JEFFERSON
Zoning & alternative use
I-1 · New Market, TN
Zoning I-1 · permitted uses
I-1 · New Market, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Market. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
5 ac
Current owner
From public records · entity-resolved
Nella Constructors INC
Entity
Mailing address
PO BOX 70, NEW MARKET, TN 37820-0070
Ownership since
2016
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 23, 2016
$80,000
Nella Constructors INC
Murph,james A & Teresia H
Warranty Deed
$60,000 · James A & Teresia H Murph
Jan 7, 2015
$20,000
James A Murph
Greenwich Invtrs Xliv Reo LLC
Grant Deed
—
Dec 12, 2013
$37,300
Greenwich Invtrs Xliv Reo LLC
Arrants George R
Trustees Deed
—
—
—
Michael C Bradley
—
Deed Of Trust
related
$106,250 · Us Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Old A J W Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
