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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Turn key restaurants
1720 Reelfoot Ave Union City, TN 38261-5500
Individually Owned
14-yr Hold
Free & Clear
Property ID
US80-0951179
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2012
Total area
7,868 SF
Lot
2.05 ac (89,298 SF)
APN
066059 01415
UPID
US80-0951179
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
-
Paxton Sisson, PA-C Physician
-
Dr. Remy A. Valdivia, MD Rehabilitation Center
-
Dr. Ronald Craig Bingham, MD Rehabilitation Center
-
Dr. Rolando Toyos, MD Physician
-
Renea L. Nagel-Terrell, FNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$768k
Blend (final)
Blend
$580k
Owner & transaction history
Los Portales · 14 yrs held
Los Portales
since 2011
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$630,000
+8.0%
Medical building
$610,000
+4.5%
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$585,000
Current use
COMMERCIAL (GENERAL)
$630,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$610,000
Change: +4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$580,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$565,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$74 / 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
Property tax & assessments
Assessed value
$595,560
Assessed 2023
Previous assessed
$520,240
+14.5% YoY
Assessed land
$143,520
Assessed improvement
$452,040
Land market value
$358,800
Improvement market value
$1,130,100
Total market value
$1,488,900
Applied tax rate
66.0000
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
2012
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
4
Total area
7,868 SF
Lot
2.05 ac (89,298 SF)
APN
066059 01415
UPID
US80-0951179
Jurisdiction
OBION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$630,000
MEDICAL BUILDING
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$580,000
RETAIL STORES
Est. value
$565,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2012
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
2.05 ac
Current owner
From public records · entity-resolved
Los Portales
Individual
Free & Clear · 14 yrs held
Mailing address
1720 W REELFOOT AVE #274, UNION CITY, TN 38261-5500
Ownership since
2011
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
Sep 16, 2011
—
Los Portales
—
Trustees Deed
related
$1,210,000 · First St Bk/sarasota
Jul 14, 2011
—
Los Portales
Lopez,maria D
Quit Claim Deed
related
—
Dec 9, 1999
$249,000
Portales Los
County Marketpla
Grant Deed
—
—
—
Portales Los
—
Deed Of Trust
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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