New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,000,000
Commercial real estate
155 Providence Rd, Denmark, TN 38391-2024
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-1110439
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Total area
22,370 SF
Lot
10 ac (435,600 SF)
Zoning code
C2
APN
057092 02200
UPID
US80-1110439
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
-
Country Pride Restaurant
-
Amoco Car Wash
-
TA Truck Service Auto Repair Shop
-
Western Union Bank Credit Union
-
TA Travel Center Parking Lot & Garage Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.00M
Owner & transaction history
Svc Hyb Lease Pool 4 LLC · 2 yrs held
Svc Hyb Lease Pool 4 LLC
since 2023
Last sale
$6.2M
6 recorded transactions
Zoning & alternative use
C2 · Denmark, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.3M
+286.1%
Medical building
$4.1M
+70.4%
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 Denmark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denmark 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
$5,710,000
ML approach
$5,830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,250,000
Change: +286% · Conversion: Difficult
MEDICAL BUILDING
$4,080,000
Change: +70% · Conversion: Easy
Blend value · Realmo final
$6.00M
Range $5.40M – $6.60M · ±10% · vs last sale $6.23M (Nov 14 2023)
Last sale anchor
$6.23M
Nov 14 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
$268 / 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
$8,016
Tax year 2022
Assessed value
$427,840
Assessed 2023
Previous assessed
$427,840
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$140,440
Assessed improvement
$287,400
Land market value
$351,100
Improvement market value
$718,500
Total market value
$1,069,600
Applied tax rate
57.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
17
Total area
22,370 SF
Lot
10 ac (435,600 SF)
Zoning code
C2
APN
057092 02200
UPID
US80-1110439
Jurisdiction
MADISON
Zoning & alternative use
C2 · Denmark, TN
Zoning C2 · permitted uses
C2 · Denmark, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denmark. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$4.1M
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
1968
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
17
Lot
10 ac
Current owner
From public records · entity-resolved
Svc Hyb Lease Pool 4 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
255 WASHINGTON ST STE #300, NEWTON, MA 02458-1634
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Svc Hyb Lease Pool 4 LLC
Hpt Ta Properties Trust
Quit Claim Deed
related
—
Jun 12, 2015
$6,228,701
Hpt Ta Properties Trust
Ta Operating LLC
Grant Deed
—
Jun 3, 2015
—
Ta Operating LLC
Ta Leasing LLC
Quit Claim Deed
related
—
Mar 16, 2007
—
Hpt Ta Properties Trust
Ta Operating LLC
Quit Claim Deed
related
—
Apr 13, 1993
$282,800
National Auto Truck Stops
Unknown
Grant Deed
—
Jun 7, 1988
$330,400
Eight Scarteen Sixty
Unknown,
Grant 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.
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 155 Providence 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.
