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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Auto shops
1507 Reelfoot Ave Union City, TN 38261-5845
Trust Owned
1-yr Hold
Free & Clear
Property ID
US80-0684626
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Total area
2,052 SF
Lot
1.16 ac (50,530 SF)
APN
066058H B 00100
UPID
US80-0684626
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
-
Car-Mart Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Security Bank And Trust Co · 1 yrs held
Security Bank And Trust Co
since 2025
Last sale
$650,000
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$560,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $650k (Jun 2 2023)
Last sale anchor
$650k
Jun 2 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
$300 / 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
Property tax & assessments
Assessed value
$116,680
Assessed 2023
Previous assessed
$113,480
+2.8% YoY
Assessed land
$97,440
Assessed improvement
$19,240
Land market value
$243,600
Improvement market value
$48,100
Total market value
$291,700
Applied tax rate
66.0000
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
1964
Heating
YES
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
2,052 SF
Lot
1.16 ac (50,530 SF)
APN
066058H B 00100
UPID
US80-0684626
Jurisdiction
OBION
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
1964
Heating
YES
Stories
1
Units
1
Rooms
2
Bathrooms
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Security Bank And Trust Co
Trust
Free & Clear · 1 yrs held
Mailing address
PO BOX 564, UNION CITY, TN 38281-0564
Ownership since
2025
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
May 19, 2025
$1,144,900
Security Bank And Trust Co
Robert S Carpenter
Warranty Deed
—
Jun 2, 2023
$650,000
Robert S Carpenter
Jason Kizer
Warranty Deed
—
Feb 22, 2021
—
Jason Kizer
—
Deed
related
$2,000,000 · Commercial Bank & Trust Company
Sep 19, 2016
—
West Tn Property Leasing LLC
—
Deed
related
—
Sep 3, 2014
—
Jason Kizer
Kizer,kristin
Quit Claim Deed
—
Sep 16, 2011
$8,010
Kizer,jason & Kristin
Carpenter,robert S & Mary V
Quit Claim Deed
related
$397,568 · First St Bk/sarasota
Sep 16, 2011
$386,170
Kizer,jason & Kristin
Mufflers INC
Warranty Deed
—
—
—
West Tn Property Leasing LLC
—
Loan Modification
related
—
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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