Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Turn key restaurants
17238 Rankin Ave Dunlap, TN 37327-7027
Individually Owned
Free & Clear
Property ID
US80-1372272
Property summary
AI-generated overview
This exceptional 1.52-acre commercial property in Dunlap, TN, presents a unique investment opportunity. Located at 17238 Rankin Ave, this C-Class retail site boasts a 2,800 sq ft restaurant building constructed in 1962, featuring an all-brick exterior and a 10-year-old rubber membrane roof. The property includes a second building (15x50 ft), ample paved parking (32+ spaces and 40+ overflow), and excellent visibility on US Hwy 127 (Rankin Ave), a 3-lane highway with over 14,500 vehicles per day. The site benefits from double frontage, providing a flow-through traffic pattern, and proximity to State Hwy 111. All utilities are readily available, including sewer, gas, water, electric, and fiber. The property is zoned Commercial C1 and is not located in a FEMA 100 or 500-year floodplain. The existing restaurant, a community landmark since 1962, offers the potential for continued operation or redevelopment. The seller may leave fixtures, furnishings, and equipment
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1962
Total area
2,135 SF
Lot
0.41 ac (17,919 SF)
APN
077041G B 00102
UPID
US80-1372272
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
-
Dunlap Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
DEXTER M TATE JR
DEXTER M TATE JR
Zoning & alternative use
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
Method
Estimation
Statistic approach
by Request
ML approach
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$138 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,627
Tax year 2023
Assessed value
$108,800
Assessed 2023
Previous assessed
$78,560
+38.5% YoY
Effective rate
2.41%
On assessed value
Assessed land
$80,000
Assessed improvement
$28,800
Land market value
$200,000
Improvement market value
$72,000
Total market value
$272,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1962
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
2,135 SF
Lot
0.41 ac (17,919 SF)
APN
077041G B 00102
UPID
US80-1372272
Jurisdiction
SEQUATCHIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
DEXTER M TATE JR
Individual
Free & Clear · 0 yrs held
Mailing address
17238 RANKIN AVE, DUNLAP, TN 37327-7027
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17238 Rankin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
