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Property profile & analytics
OFF-MARKET
Automotive properties
1618 Us Hwy 45th N Henderson, TN 38340-4005
Trust Owned
12-yr Hold
Free & Clear
Property ID
US80-1864259
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1976
Construction
FRAME
Total area
9,980 SF
Lot
9.3 ac (405,108 SF)
Zoning code
B4
APN
012027 00402
UPID
US80-1864259
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
Cobb,lonnie Trust · 12 yrs held
Cobb,lonnie Trust
since 2013
3 recorded transactions
Zoning & alternative use
B4 · Henderson, 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 Henderson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henderson 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
$7,499
Tax year 2023
Assessed value
$301,640
Assessed 2023
Previous assessed
$301,640
+0.0% YoY
Effective rate
2.49%
On assessed value
Land market value
$426,000
Improvement market value
$328,100
Total market value
$754,100
Applied tax rate
326.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
2
Total area
9,980 SF
Lot
9.3 ac (405,108 SF)
Zoning code
B4
APN
012027 00402
UPID
US80-1864259
Jurisdiction
CHESTER
Zoning & alternative use
B4 · Henderson, TN
Zoning B4 · permitted uses
B4 · Henderson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Henderson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
2
Lot
9.3 ac
Current owner
From public records · entity-resolved
Cobb,lonnie Trust
Trust
Free & Clear · 12 yrs held
Mailing address
1618 US HWY 45TH N, HENDERSON, TN 38340-4005
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2013
—
Cobb,lonnie Trust
Cobb,lonnie A
Quit Claim Deed
related
—
Jan 18, 2012
$610,000
Lonnie A Cobb
Lofton,taze & Nancy
Warranty Deed
$720,000 · First South Bank
—
—
Seaton,h D SR & Nona L
—
Deed Of Trust
related
$349,900 · Bancorpsouth
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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