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Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Auto shops
1510 Interstate Dr Cookeville, TN 38501-4125
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-1657204
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2018
Construction
FRAME
Total area
24,808 SF
Lot
4.08 ac (177,725 SF)
Zoning code
CG
APN
071066 06303
UPID
US80-1657204
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
-
Overdrive USA Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Lanny Dunn LLC · 8 yrs held
Lanny Dunn LLC
since 2017
4 recorded transactions
Zoning & alternative use
CG · Cookeville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
PERMITTED USE RESIDENTIAL RS 20 RS 15 RS 10 RS 7.5 RS 5 RD RM 8 RM 14 RMHP PRD CBD CN CL CG CR PCD MS UNV CI LM HM QM Single-family detached XXXXXXX X X R X Zero lot-line detached R RRR X R Duplex/Two-family XX X X R X Zero lot-line attached RR X R Single-family attached (Townhouse) RRRR XRRRR R R Single-famil
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,865.26 ac
Source
Supplemental Regulations
Top alternative use upside
Retail stores
$2.7M
+20.9%
Commercial (general)
$2.6M
+17.9%
Restaurant
$2.4M
+10.2%
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
by Request
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
$2,210,000
Current use
RETAIL STORES
$2,670,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,605,000
Change: +18% · Conversion: Moderate
RESTAURANT
$2,435,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$2,305,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.19M · ±10%
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
$80 / 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
$63,271
Tax year 2022
Assessed value
$1,921,960
Assessed 2023
Previous assessed
$1,921,960
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$678,920
Assessed improvement
$1,243,040
Land market value
$1,697,300
Improvement market value
$3,107,600
Total market value
$4,804,900
Applied tax rate
71.0000
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
2018
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
6
Total area
24,808 SF
Lot
4.08 ac (177,725 SF)
Zoning code
CG
APN
071066 06303
UPID
US80-1657204
Jurisdiction
PUTNAM
Zoning & alternative use
CG · Cookeville, TNZoning CG · permitted uses
CG · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
PERMITTED USE RESIDENTIAL RS 20 RS 15 RS 10 RS 7.5 RS 5 RD RM 8 RM 14 RMHP PRD CBD CN CL CG CR PCD MS UNV CI LM HM QM Single-family detached XXXXXXX X X R X Zero lot-line detached R RRR X R Duplex/Two-family XX X X R X Zero lot-line attached RR X R Single-family attached (Townhouse) RRRR XRRRR R R Single-famil
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,865.26 ac
Source
Supplemental Regulations
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.2M
RETAIL STORES
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
2018
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
6
Lot
4.08 ac
Current owner
From public records · entity-resolved
Lanny Dunn LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1540 INTERSTATE DR, COOKEVILLE, TN 38501-4125
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2017
$1,750,000
Lanny Dunn LLC
D & Z Prop Cookeville LLC
Warranty Deed
—
Aug 23, 2012
—
D & Z Properties Cookeville LLC
Zhang,xian K
Quit Claim Deed
related
—
Jan 30, 2012
$700,000
Xian K Zhang
Shaffer,larry T JR
Warranty Deed
$891,800 · Wilson Bank & Trust
Dec 28, 1994
$250,000
Clayton Homes INC
—
Grant Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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