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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Grocery and convenience stores
1550 Franklin Pike Lewisburg, TN 37091-6967
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-2281460
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,087 SF
Lot
3.52 ac (153,331 SF)
Zoning code
A1
APN
059056 03000
UPID
US80-2281460
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
-
Tigermarkets Grocery & Convenience Store
-
7-Eleven Grocery & Convenience Store
-
ATM (Tiger Market) Atm
-
Exxon Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$625k
Owner & transaction history
7-eleven INC · 8 yrs held
7-eleven INC
since 2018
7 recorded transactions
Zoning & alternative use
A1 · Lewisburg, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$605,000
+59.4%
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 Lewisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisburg 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
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$380,000
Current use
COMMERCIAL (GENERAL)
$605,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$123 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$11,648
Tax year 2021
Assessed value
$279,560
Assessed 2023
Previous assessed
$279,560
+0.0% YoY
Effective rate
4.17%
On assessed value
Assessed land
$41,280
Assessed improvement
$238,280
Land market value
$103,200
Improvement market value
$595,700
Total market value
$698,900
Applied tax rate
59.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
5,087 SF
Lot
3.52 ac (153,331 SF)
Zoning code
A1
APN
059056 03000
UPID
US80-2281460
Jurisdiction
MARSHALL
Zoning & alternative use
A1 · Lewisburg, TN
Zoning A1 · permitted uses
A1 · Lewisburg, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lewisburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$380,000
COMMERCIAL (GENERAL)
Est. value
$605,000
RETAIL STORES 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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
2
Lot
3.52 ac
Current owner
From public records · entity-resolved
7-eleven INC
Entity
Free & Clear · 8 yrs held
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2018
$2,389,000
7-eleven INC
Macs Retail LLC
Grant Deed
—
Oct 6, 2014
—
Macs Retail LLC
Southside Oil LLC
Quit Claim Deed
related
—
May 7, 2014
$961,800
Southside Oil LLC
Tiger Management Group LLC
Grant Deed
—
Sep 13, 2004
$650,000
Real Estate Inv Group LLC
Roberts,mary A
Warranty Deed
—
Aug 13, 2003
$282,000
Roberts,charles E SR Etal
Blalock,charles
Trustees Deed
—
May 8, 2001
—
Charles E Roberts SR.
Roberts,e Etal
Quit Claim Deed
related
—
Mar 16, 1991
$54,000
Edward Roberts
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.
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