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Property profile & analytics
OFF-MARKET
Auto shops
112 5th N St Morristown, TN 37814-4417
Individually Owned
7-yr Hold
Free & Clear
Property ID
US80-1706088
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Construction
WOOD
Total area
1,344 SF
Lot
0.13 ac (5,663 SF)
Zoning code
R2
APN
032034I A 01800
UPID
US80-1706088
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
Eric M Heidel · 7 yrs held
Eric M Heidel
since 2018
Last sale
$115,000
4 recorded transactions
Zoning & alternative use
R2 · Morristown, 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 Morristown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morristown 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
$21,680
Assessed 2023
Previous assessed
$21,680
+0.0% YoY
Assessed land
$2,680
Assessed improvement
$19,000
Land market value
$6,700
Improvement market value
$47,500
Total market value
$54,200
Applied tax rate
32.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
0
Total area
1,344 SF
Lot
0.13 ac (5,663 SF)
Zoning code
R2
APN
032034I A 01800
UPID
US80-1706088
Jurisdiction
HAMBLEN
Zoning & alternative use
R2 · Morristown, TN
Zoning R2 · permitted uses
R2 · Morristown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morristown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
0
Lot
0.13 ac
Current owner
From public records · entity-resolved
Eric M Heidel
Individual
Free & Clear · 7 yrs held
Mailing address
4566 YORKSHIRE LN, MORRISTOWN, TN 37813-1000
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2018
—
Eric M Heidel
E & R Properties
Quit Claim Deed
related
—
Dec 19, 2005
—
Garcia Labor Co INC
Garcia,maximino JR & Rubi E
Quit Claim Deed
related
—
Jun 18, 2001
$61,500
Maximino Garcia
Trent,grover
Grant Deed
—
Jun 7, 2001
$13,500
Trent Grover
Garcia,maximino
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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