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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Auto shops
1226 Knoxville Hwy Wartburg, TN 37887-4200
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-3462214
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Total area
7,534 SF
Lot
1 ac (43,560 SF)
Zoning code
B-2
APN
065096M B 00700
UPID
US80-3462214
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
-
Showtime Ford Car Dealership Auto Repair Shop
-
Showtime Ford Parts Auto Parts Store
-
Showtime Ford Service Auto Repair Shop
-
Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Michael S Malicote · 2 yrs held
Michael S Malicote
since 2024
Last sale
$2.0M
3 recorded transactions
Zoning & alternative use
B-2 · Wartburg, 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 Wartburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wartburg 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
$1,950,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Jun 11 2024)
Last sale anchor
$1.95M
Jun 11 2024
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
$259 / 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
$8,850
Tax year 2022
Assessed value
$332,600
Assessed 2023
Previous assessed
$332,600
+0.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$65,960
Assessed improvement
$266,640
Land market value
$164,900
Improvement market value
$666,600
Total market value
$831,500
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2002
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
2
Total area
7,534 SF
Lot
1 ac (43,560 SF)
Zoning code
B-2
APN
065096M B 00700
UPID
US80-3462214
Jurisdiction
MORGAN
Zoning & alternative use
B-2 · Wartburg, TN
Zoning B-2 · permitted uses
B-2 · Wartburg, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wartburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Michael S Malicote
Individual
Mailing address
2026 N CHARLES G SEIVERS BLVD, CLINTON, TN 37716-6736
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
$1,950,000
Michael S Malicote
Derek Bryan Sells
Limited Warranty Deed
—
Jan 9, 2020
$1,070,000
Derek Bryan Sells
Michael Mencer
Warranty Deed
$1,200,000 · Bank Of Putnam County
May 4, 2016
$700,000
Michael Mencer
Elizabeth A Beard
Warranty 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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