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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Grocery and convenience stores
1850 Almaville Rd Smyrna, TN 37167-5764
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-3420738
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1987
Total area
2,962 SF
Lot
0.74 ac (32,234 SF)
Zoning code
C-1
APN
050N-A-013.00-000
UPID
US80-3420738
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
-
Pets R Us Vet Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$670k
Blend (final)
Blend
$580k
Owner & transaction history
Krw Holdings LLC · 6 yrs held
Krw Holdings LLC
since 2019
5 recorded transactions
Zoning & alternative use
C-1 · Smyrna, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$800,000
+57.6%
Office building
$655,000
+29.4%
Medical building
$605,000
+19.4%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Current use
AUTO REPAIR, GARAGE
$800,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$605,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$545,000
Change: +8% · 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
$196 / 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
Assessed value
$273,480
Assessed 2024
Previous assessed
$273,480
+0.0% YoY
Assessed land
$222,360
Assessed improvement
$51,120
Land market value
$555,900
Improvement market value
$127,800
Total market value
$683,700
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1987
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
2,962 SF
Lot
0.74 ac (32,234 SF)
Zoning code
C-1
APN
050N-A-013.00-000
UPID
US80-3420738
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-1 · Smyrna, TN
Zoning C-1 · permitted uses
C-1 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$800,000
OFFICE BUILDING
Est. value
$655,000
MEDICAL BUILDING
Est. value
$605,000
RETAIL STORES
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1987
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Krw Holdings LLC
Entity
Mailing address
708 SEDGEWICK PL, FRANKLIN, TN 37067-1374
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2019
$535,000
Krw Holdings LLC
Macs Convenience Stores LLC
Grant Deed
related
$691,000 · Bbva USA
Aug 6, 2019
—
Macs Convenience Stores LLC
Circle K Stores INC
Correction Deed
related
—
Oct 31, 2017
$522,801
Macs Convenience Stores LLC
Circle K Stores INC
Grant Deed
—
Oct 11, 2006
$900,000
Pantry INC
Ri Tn 1 LLC
Grant Deed
—
Sep 26, 2006
—
Pantry INC
Owner,record
Grant Deed
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.
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