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Property profile & analytics
OFF-MARKET
Turn key restaurants
1113 Mineral Wls Ave Paris, TN 38242-4903
Entity Owned
9-yr Hold
Free & Clear
Property ID
US80-2032559
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2012
Total area
5,544 SF
Lot
1.97 ac (85,813 SF)
APN
040106O A 00800
UPID
US80-2032559
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Palm Dev Partners · 9 yrs held
Palm Dev Partners
since 2017
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 Paris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paris 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
$316,480
Assessed 2023
Previous assessed
$316,480
+0.0% YoY
Assessed land
$80,000
Assessed improvement
$236,480
Land market value
$200,000
Improvement market value
$591,200
Total market value
$791,200
Applied tax rate
40.0000
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
2012
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
5,544 SF
Lot
1.97 ac (85,813 SF)
APN
040106O A 00800
UPID
US80-2032559
Jurisdiction
HENRY
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
2012
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
1.97 ac
Current owner
From public records · entity-resolved
Palm Dev Partners
Entity
Free & Clear · 9 yrs held
Mailing address
1113 MINERAL WLS AVE, PARIS, TN 38242-4903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Feb 17, 2017
$20,000
Palm Dev Partners
Bomar,shanda M
Warranty Deed
—
Nov 1, 2010
$25,200
Antonio Cervantes
Perkins,ed R
Warranty Deed
—
Nov 1, 2010
$284,800
Antonio Cervanties
Paris Real Estate Partners Gp
Grant Deed
—
Sep 19, 2007
$245,000
Partners No 1 Stafford
Paris Real Estate Partners Gp
Grant Deed
—
Jan 30, 2003
$1,900,000
Paris Real Estate Partners
Minotaur,m
Grant Deed
—
Jul 5, 2002
$1,600,300
Minotaur Mortgage Co Of Pa
Paris Plaza Asso
Grant Deed
related
—
—
—
Antonio Cervantes
—
Deed Of Trust
related
$525,000 · Carroll Bank & Trust
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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