New search
Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Turn key restaurants
15312 Watt Cemetery Rd, Loudon, TN 37774
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0763193
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1983
Total area
4,640 SF
Lot
2.39 ac (104,108 SF)
Zoning code
O-1
APN
053058 09300
UPID
US80-0763193
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
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
O & M Holdings LLC · 5 yrs held
O & M Holdings LLC
since 2020
Last sale
$675,000
5 recorded transactions
Zoning & alternative use
O-1 · Loudon, 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 Loudon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudon 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
$890,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$495,000
Current use
COMMERCIAL (GENERAL)
$420,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $675k (Nov 20 2020)
Last sale anchor
$675k
Nov 20 2020
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
$150 / 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
$271,200
Assessed 2023
Previous assessed
$271,200
+0.0% YoY
Assessed land
$39,440
Assessed improvement
$231,760
Land market value
$98,600
Improvement market value
$579,400
Total market value
$678,000
Applied tax rate
53.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1983
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
1
Bathrooms
5
Total area
4,640 SF
Lot
2.39 ac (104,108 SF)
Zoning code
O-1
APN
053058 09300
UPID
US80-0763193
Jurisdiction
LOUDON
Zoning & alternative use
O-1 · Loudon, TN
Zoning O-1 · permitted uses
O-1 · Loudon, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loudon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$495,000
COMMERCIAL (GENERAL)
Est. value
$420,000
RESTAURANT Current
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
1983
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
1
Bathrooms
5
Lot
2.39 ac
Current owner
From public records · entity-resolved
O & M Holdings LLC
Entity
Mailing address
PO BOX 1127, LOUISVILLE, TN 37777-1127
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
$675,000
O & M Holdings LLC
Jeff Millsaps
Warranty Deed
$605,128 · Cbbc Bank
Sep 5, 2006
$475,000
Jeff Millsaps
Johnson,william S & Joyce M
Warranty Deed
—
Sep 5, 2006
—
Jeff Millsaps
Johnson,william S & Joyce M
Warranty Deed
$403,000 · Branch Banking & Trust Co
Dec 8, 2003
—
William S Etal Johnson
—
Deed Of Trust
related
—
—
—
Jeffrey D Millsaps
—
Deed Of Trust
related
$405,000 · Branch Bk&tr
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 15312 Watt Cemetery Rd?
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.
