New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,030,000
Auto shops
1234 Bridgestone Pkwy La Vergne, TN 37086-3509
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-0989295
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Total area
28,685 SF
Lot
10.47 ac (456,073 SF)
Zoning code
I-2
APN
017-028.05-000
UPID
US80-0989295
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
-
Velocity Truck Centers - La Vergne Auto Repair Shop
-
Star Transportation Trucking Company
-
Covenant Logistics Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.74M
Blend (final)
Blend
$12.03M
Owner & transaction history
1234 Bridgestone Partners LLC · 3 yrs held
1234 Bridgestone Partners LLC
since 2023
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
I-2 · La Vergne, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.2M
+109.3%
Commercial (general)
$8.6M
+11.5%
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 La Vergne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Vergne 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
$11,095,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,740,000
Current use
RESTAURANT
$16,200,000
Change: +109% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,635,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$12.03M
Range $10.83M – $13.23M · ±10% · vs last sale $12.50M (Jan 17 2023)
Last sale anchor
$12.50M
Jan 17 2023
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
$419 / 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
Land market value
$1,378,400
Improvement market value
$1,248,000
Total market value
$2,626,400
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
1986
Heating
SPACE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
6
Total area
28,685 SF
Lot
10.47 ac (456,073 SF)
Zoning code
I-2
APN
017-028.05-000
UPID
US80-0989295
Jurisdiction
RUTHERFORD
Zoning & alternative use
I-2 · La Vergne, TN
Zoning I-2 · permitted uses
I-2 · La Vergne, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Vergne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$7.7M
RESTAURANT
Est. value
$16.2M
COMMERCIAL (GENERAL)
Est. value
$8.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
10.47 ac
Current owner
From public records · entity-resolved
1234 Bridgestone Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
414 S 16TH ST STE #100, PHILADELPHIA, PA 19146-1989
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
—
1234 Bridgestone Partners LLC
Star Transportation LLC
Quit Claim Deed
related
—
Jan 13, 2023
$12,500,000
1234 Bridgstone Partners LLC
Star Transportation LLC
Special Warranty Deed
—
Oct 29, 2020
—
Star Transportation INC
—
Deed
related
$110,000,000 · Bank Of America
Aug 8, 2014
$2,150,000
Star Properties Exchange LLC
Cottonwood Holdings LLC
Grant Deed
—
Mar 18, 2013
$1,600,000
Palm International LLC
Fields,william D
Warranty Deed
—
Mar 18, 2013
—
Palm International LLC
Fields,bette A
Quit Claim Deed
related
—
—
—
Star Transportation INC
—
Deed Of Trust
related
$95,000,000 · Bank Of America
—
—
Star Transportation INC
—
Deed Of Trust
related
$110,000,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1234 Bridgestone Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
