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Property profile & analytics
OFF-MARKET
Drive through restaurants
1585 Spg Pl SE Rd Cleveland, TN 37311-7071
Individually Owned
~
Est. High Equity
Property ID
US80-0498131
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1981
Total area
2,341 SF
Lot
0.75 ac (32,770 SF)
Zoning code
CH
APN
058P J 017.00 000
UPID
US80-0498131
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
-
74 WING SPOT Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Genaro Garnica
Genaro Garnica
since 2025
Last sale
$360,000
7 recorded transactions
Zoning & alternative use
CH · Cleveland, 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 Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,353
Tax year 2023
Assessed value
$94,040
Assessed 2023
Previous assessed
$94,040
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$28,960
Assessed improvement
$65,080
Land market value
$72,400
Improvement market value
$162,700
Total market value
$235,100
Applied tax rate
6.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1981
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
2,341 SF
Lot
0.75 ac (32,770 SF)
Zoning code
CH
APN
058P J 017.00 000
UPID
US80-0498131
Jurisdiction
BRADLEY
Zoning & alternative use
CH · Cleveland, TN
Zoning CH · permitted uses
CH · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Genaro Garnica
Individual
Mailing address
210 RIVERSIDE DR, BIRCHWOOD, TN 37308-6938
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
$360,000
Genaro Garnica
Tina Bowman
Warranty Deed
$306,000 · First Citizens National Bank
Feb 28, 2019
—
Tina Bowman
—
Deed
related
$200,000 · First Citizens Nat'l Bk
Apr 25, 2017
—
Tina Farner
Farner,tina
Quit Claim Deed
related
—
Mar 31, 2017
—
Tina Farner
Bowman,jennifer
Quit Claim Deed
related
—
May 12, 2011
$125,000
Tina Farner
Regions Bk
Grant Deed
$107,000 · Andrew Johnson Bank
Nov 15, 2010
$131,303
Regions Bk
Winchester,walter N
Trustees Deed
related
—
Jan 3, 2008
$169,000
Deck Moore
Fulbright,gerald L & Carol A
Warranty Deed
$129,900 · Regions Bank
Jun 14, 2005
$200,000
Gerald L Fulbright JR.
Little,joseph L
Grant Deed
related
—
—
—
Tina Farner
—
Deed Of Trust
related
$107,000 · Andrew Johnson Bank
—
—
Tina Bowman
—
Deed Of Trust
related
$200,000 · First Citizens Nat'l Bk
—
—
Tina Farner
—
Deed Of Trust
related
$35,000 · Andrew Johnson Bank
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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