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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
16916 Rankin Ave Dunlap, TN 37327-7007
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1686263
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1980
Total area
1,512 SF
Lot
0.63 ac (27,550 SF)
Zoning code
FLOOD
APN
077041J A 01402
UPID
US80-1686263
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
-
Shell Gas Station
-
Exxon Gas Station
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
Navinchandra P Patel · 5 yrs held
Navinchandra P Patel
since 2021
Last sale
$400,000
4 recorded transactions
Zoning & alternative use
FLOOD · Dunlap, 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 Dunlap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunlap 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
$3,947
Tax year 2023
Assessed value
$163,440
Assessed 2023
Previous assessed
$126,120
+29.6% YoY
Effective rate
2.41%
On assessed value
Assessed land
$102,600
Assessed improvement
$60,840
Land market value
$256,500
Improvement market value
$152,100
Total market value
$408,600
Applied tax rate
77.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1980
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
1,512 SF
Lot
0.63 ac (27,550 SF)
Zoning code
FLOOD
APN
077041J A 01402
UPID
US80-1686263
Jurisdiction
SEQUATCHIE
Zoning & alternative use
FLOOD · Dunlap, TN
Zoning FLOOD · permitted uses
FLOOD · Dunlap, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunlap. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Navinchandra P Patel
Individual
Mailing address
16916 RANKIN AVE, DUNLAP, TN 37327-7007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
—
Navinchandra P Patel
Chintan Navinbhai Patel
Intrafamily Transfer
related
—
Oct 8, 2019
—
Chintan Navinbhai Patel
—
Deed
related
$179,102 · Mountain Valley Bank
May 22, 2015
$400,000
Chintan N Patel
Agee Properties LP
Warranty Deed
$285,000 · Agee Properties LP
—
—
Agee Properties LP
—
Deed Of Trust
related
$200,000 · L Thomas & Martha R Austin
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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