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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Commercial land
Sparta Park Watertown, TN 37184
Individually Owned
10-yr Hold
Free & Clear
Property ID
US80-2538140
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2005
Total area
6,300 SF
Lot
8.3 ac (361,548 SF)
APN
127 10000
UPID
US80-2538140
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
$683k
Blend (final)
Blend
$640k
Owner & transaction history
Dab Ptshp · 10 yrs held
Dab Ptshp
since 2015
7 recorded transactions
Zoning & alternative use
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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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
$640k
Range $576k – $704k · ±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
$102 / 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
$2,243
Tax year 2023
Assessed value
$89,320
Assessed 2023
Previous assessed
$89,320
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$89,320
Land market value
$223,300
Total market value
$223,300
Applied tax rate
95.0000
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
Year built
2005
Heating
YES
Stories
1
Bathrooms
5
Total area
6,300 SF
Lot
8.3 ac (361,548 SF)
APN
127 10000
UPID
US80-2538140
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
YES
Stories
1
Bathrooms
5
Lot
8.3 ac
Current owner
From public records · entity-resolved
Dab Ptshp
Individual
Free & Clear · 10 yrs held
Mailing address
1107 N CUMBERLAND ST, LEBANON, TN 37087-2007
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2015
—
Dab Ptshp
Legends Car Wash Of Watertown LLC
Quit Claim Deed
—
May 12, 2011
—
Legends Car Wash Of Watertown LLC
Dab Ptshp
Quit Claim Deed
related
—
Mar 30, 2011
$70,000
Dab Ptshp
Vastola & Associates INC
Warranty Deed
$119,231 · First Freedom Savings Bank
Apr 13, 2005
$1,315,000
James R Allen
Benson,james & Judy L
Warranty Deed
$1,330,000 · Wilson Bank & Trust
Apr 5, 2004
$1,215,000
James Benson
Pathway Properties LLC
Warranty Deed
$737,189 · Union Planters National Bank
Feb 18, 2003
$70,000
Pathway Properties
Vastola
Grant Deed
—
Nov 25, 2002
$135,000
Vastola & Associates INC
Buckeyes,grading
Grant Deed
—
Jul 25, 1997
$60,000
Michael A Etal Stoffel
Lanham,michael
Grant Deed
—
Jul 23, 1997
$139,900
Michael Stoffel
—
Grant Deed
related
—
Jul 18, 1997
$139,900
Mihael Stoffel
Robinson,wm Davi
Grant Deed
$132,900 · Rocky Mountain Mortgage
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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