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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Turn key restaurants
1065 Crossings Blvd Spring Hill, TN 37174-8000
Individually Owned
2-yr Hold
Free & Clear
Property ID
US80-1494022
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2022
Construction
WOOD
Total area
8,986 SF
Lot
1.96 ac (85,378 SF)
Zoning code
B4
APN
060028 01500
UPID
US80-1494022
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$540k
Owner & transaction history
Andrew Patterson · 2 yrs held
Andrew Patterson
since 2023
7 recorded transactions
Zoning & alternative use
B4 · Spring Hill, 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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$60 / 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
$32,441
Tax year 2023
Assessed value
$1,224,680
Assessed 2023
Previous assessed
$646,800
+89.3% YoY
Effective rate
2.65%
On assessed value
Assessed land
$646,800
Assessed improvement
$577,880
Land market value
$1,617,000
Improvement market value
$1,444,700
Total market value
$3,061,700
Applied tax rate
60.0000
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
2022
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,986 SF
Lot
1.96 ac (85,378 SF)
Zoning code
B4
APN
060028 01500
UPID
US80-1494022
Jurisdiction
MAURY
Zoning & alternative use
B4 · Spring Hill, TN
Zoning B4 · permitted uses
B4 · Spring Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
Andrew Patterson
Individual
Free & Clear · 2 yrs held
Mailing address
232 KINSALE DR, SPRING HILL, TN 37174-1187
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
$379,000
Andrew Patterson
Andrew Patterson
Warranty Deed
related
—
Sep 26, 2022
—
Texas Roadhouse Holdings LLC
Shanan L Campbell
Lease
—
Sep 26, 2022
$4,177,771
Shanan L Campbell
Texas Roadhouse Holdings LLC
Special Warranty Deed
—
Dec 17, 2021
$2,485,000
Texas Roadhouse Holdings LLC
Listerhill Credit Union
Special Warranty Deed
—
Aug 22, 2019
$1,300,000
Great White Express LLC
Crossings North LLC
Grant Deed
$4,916,100 · Celtic Bk
Oct 26, 2018
—
Maury-main Street LLC
Crossings North LLC
Quit Claim Deed
related
—
Nov 8, 2004
—
Kta Realty Co LLC
Kta Realty
Quit Claim Deed
related
—
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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