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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Drive through restaurants
1100 Interstate Dr Cookeville, TN 38501-4112
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-1002238
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,063 SF
Lot
1.77 ac (77,101 SF)
Zoning code
C-3
APN
071066 05800
UPID
US80-1002238
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
-
Raising Cane's Chicken Fingers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Pineview Real Estate LLC · 5 yrs held
Pineview Real Estate LLC
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C-3 · Cookeville, TN
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$1,835,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10% · vs last sale $1.27M (Dec 18 2020)
Last sale anchor
$1.27M
Dec 18 2020
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
$326 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,005
Tax year 2022
Assessed value
$830,240
Assessed 2023
Previous assessed
$698,840
+18.8% YoY
Effective rate
2.77%
On assessed value
Assessed land
$520,000
Assessed improvement
$310,240
Land market value
$1,300,000
Improvement market value
$775,600
Total market value
$2,075,600
Applied tax rate
71.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,063 SF
Lot
1.77 ac (77,101 SF)
Zoning code
C-3
APN
071066 05800
UPID
US80-1002238
Jurisdiction
PUTNAM
Zoning & alternative use
C-3 · Cookeville, TNZoning C-3 · permitted uses
C-3 · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Supplemental Regulations
Building & site characteristics
From public records
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Pineview Real Estate LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1146 WARRIOR DR, FRANKLIN, TN 37064-5030
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
—
Pineview Real Estate LLC
Joyce B Wright
Quit Claim Deed
related
—
Dec 3, 2007
$1,135,515
Site Cookeville LLC
Wright,joyce B
Warranty Deed
—
Dec 3, 2007
$1,270,515
Gmri INC
Site Cookeville LLC
Grant Deed
—
Feb 16, 2007
$1,607,364
Progressive Savings Bank
Wright,joyce B
Warranty Deed
related
—
May 12, 2006
$862,801
Ruby Tuesday INC
Wright,joyce B
Warranty Deed
—
Aug 4, 2003
$725,000
Chick-fil-a INC
Wright,jimmy & J
Grant Deed
—
Apr 5, 1999
$675,000
Apf Ptn Cnl
Wright,oyce B
Grant Deed
—
Dec 29, 1994
$425,000
Aussie Realty LLC
Aussie Realty L
Grant Deed
related
$700,000 · First Tennessee Bank National
Dec 28, 1994
$425,000
Realty L L C Aussie
Wright,joyce B
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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