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Property profile & analytics
OFF-MARKET
Turn key restaurants
1004 Washington Ave Brownsville, TN 38012-2003
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-3083927
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Total area
3,989 SF
Lot
125 ac (5,445,000 SF)
Zoning code
GC
APN
066M A 00500
UPID
US80-3083927
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
Current use
Occupant on record · Public records
-
The Basket Restaurant
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
Ronald Hart · 13 yrs held
Ronald Hart
since 2013
6 recorded transactions
Zoning & alternative use
GC · Brownsville, 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 Brownsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brownsville 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
$83,240
Assessed 2023
Previous assessed
$83,240
+0.0% YoY
Assessed land
$14,080
Assessed improvement
$69,160
Land market value
$35,200
Improvement market value
$172,900
Total market value
$208,100
Applied tax rate
38.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
3,989 SF
Lot
125 ac (5,445,000 SF)
Zoning code
GC
APN
066M A 00500
UPID
US80-3083927
Jurisdiction
HAYWOOD
Zoning & alternative use
GC · Brownsville, TN
Zoning GC · permitted uses
GC · Brownsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brownsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
125 ac
Current owner
From public records · entity-resolved
Ronald Hart
Individual
Free & Clear · 13 yrs held
Mailing address
6178 MERCER RD, BROWNSVILLE, TN 38012-8524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2018
—
Ronald Hart
—
Trustees Deed
related
$100,000 · Simmons Bk
Jun 5, 2013
—
Ronald Hart
Hart,keith & Faye
Quit Claim Deed
related
—
Mar 18, 2009
—
Keith Hart
—
Trustees Deed
related
$40,000 · First South Bank
Jun 10, 1998
$50,000
Keith Hart
—
Grant Deed
related
—
Aug 28, 1993
$40,000
Robert N Neal JR
Unknown
Grant Deed
—
—
—
Ray K Hart
—
Deed Of Trust
related
$54,900 · First South Bank
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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