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Property profile & analytics
OFF-MARKET
Turn key restaurants
1605 Pkwy Parkway Jackson, TN 38301-3633
Individually Owned
7-yr Hold
Free & Clear
Property ID
US80-1957433
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Total area
1,756 SF
Lot
0.66 ac (28,750 SF)
Zoning code
IO
APN
057065F C 03800
UPID
US80-1957433
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shawn M Collier · 7 yrs held
Shawn M Collier
since 2019
6 recorded transactions
Zoning & alternative use
IO · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,469
Tax year 2022
Assessed value
$42,160
Assessed 2023
Previous assessed
$42,160
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$29,240
Assessed improvement
$12,920
Land market value
$73,100
Improvement market value
$32,300
Total market value
$105,400
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
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
1988
Heating
RADIANT
Stories
1
Units
1
Bathrooms
1
Total area
1,756 SF
Lot
0.66 ac (28,750 SF)
Zoning code
IO
APN
057065F C 03800
UPID
US80-1957433
Jurisdiction
MADISON
Zoning & alternative use
IO · Jackson, TN
Zoning IO · permitted uses
IO · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
RADIANT
Stories
1
Units
1
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Shawn M Collier
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 3422, JACKSON, TN 38303-3422
Ownership since
2019
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
Jun 7, 2019
$80,006
Shawn M Collier
Jeffco LLC
Warranty Deed
—
Apr 27, 2009
$50,000
Jeffco LLC
Berry,carol M
Warranty Deed
—
Nov 22, 1994
$50,000
David White
Norton,max Lane
Grant Deed
—
May 31, 1990
$45,000
Max Lane Norton
Unknown
Grant Deed
—
Jan 12, 1990
$50,000
Jackson City & County
Unknown,
Grant Deed
—
Jun 21, 1988
$25,000
Tom Copley
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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