New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Auto shops
189 Stonebridge Blvd, Jackson, TN 38305-2040
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-3307890
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,184 SF
Lot
6.7 ac (291,852 SF)
Zoning code
SC1
APN
057055B A 02900
UPID
US80-3307890
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
-
BowTieChevyGuy Car Dealership
-
WNWS Radio Station Telecommunications Service
-
Serra Cadillac Car Dealership
-
Serra of Jackson Parts & Service Auto Repair Shop
-
Serra Cadillac of Jackson Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.71M
Owner & transaction history
Serra Works Of Jackson LLC · 18 yrs held
Serra Works Of Jackson LLC
since 2008
6 recorded transactions
Zoning & alternative use
SC1 · Jackson, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+43.6%
Retail stores
$4.3M
+39.8%
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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
AUTO REPAIR, GARAGE
$3,110,000
Current use
COMMERCIAL (GENERAL)
$4,465,000
Change: +44% · Conversion: Moderate
RETAIL STORES
$4,345,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±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
$77 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$69,222
Tax year 2022
Assessed value
$1,986,280
Assessed 2023
Previous assessed
$1,986,280
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$1,170,320
Assessed improvement
$815,960
Land market value
$2,925,800
Improvement market value
$2,039,900
Total market value
$4,965,700
Applied tax rate
57.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
6
Total area
35,184 SF
Lot
6.7 ac (291,852 SF)
Zoning code
SC1
APN
057055B A 02900
UPID
US80-3307890
Jurisdiction
MADISON
Zoning & alternative use
SC1 · Jackson, TN
Zoning SC1 · permitted uses
SC1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$4.5M
RETAIL STORES
Est. value
$4.3M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
6.7 ac
Current owner
From public records · entity-resolved
Serra Works Of Jackson LLC
Entity
Mailing address
102 W SILVER LK RD STE #300, FENTON, MI 48430-2847
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2020
—
Serra Works Of Jackson LLC
—
Deed
related
$14,490,000 · Fifth Third Bk NA
Feb 8, 2008
$5,525,950
Serra Works Of Jackson LLC
Serra Properties LLC
Warranty Deed
related
$25,085,000 · Fifth Third Bank
Oct 25, 1999
—
Serra Properties LLC
Serra,albert & L
Quit Claim Deed
related
—
Nov 10, 1994
$1,350,000
Albert Serra
—
Grant Deed
related
—
—
—
Serra Works Of Jackson LLC
—
Loan Modification
related
$14,490,000 · Fifth Third Bk
—
—
Serra Works Of Jackson LLC
—
Loan Modification
related
$14,490,000 · Fifth Third Bk NA
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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