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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Turn key restaurants
2005 Locust Ave Lawrenceburg, TN 38464-2337
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0050985
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Total area
4,361 SF
Lot
0.73 ac (31,600 SF)
APN
050078C C 01706
UPID
US80-0050985
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
-
HMS Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Lidong Hu · 2 yrs held
Lidong Hu
since 2024
Last sale
$520,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$435,000
+41.8%
Commercial (general)
$375,000
+23.3%
Retail stores
$335,000
+9.1%
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 Lawrenceburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceburg 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
$520,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$435,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$375,000
Change: +23% · Conversion: Easy
RETAIL STORES
$335,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $520k (Jun 12 2024)
Last sale anchor
$520k
Jun 12 2024
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
$119 / 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
$5,027
Tax year 2023
Assessed value
$161,760
Assessed 2023
Previous assessed
$161,760
+0.0% YoY
Effective rate
3.11%
On assessed value
Assessed land
$60,120
Assessed improvement
$101,640
Land market value
$150,300
Improvement market value
$254,100
Total market value
$404,400
Applied tax rate
50.0000
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
1992
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
4,361 SF
Lot
0.73 ac (31,600 SF)
APN
050078C C 01706
UPID
US80-0050985
Jurisdiction
LAWRENCE
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
AUTO REPAIR, GARAGE
Est. value
$435,000
COMMERCIAL (GENERAL)
Est. value
$375,000
RETAIL STORES
Est. value
$335,000
AUTO REPAIR, GARAGE
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
1992
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Lidong Hu
Individual
Mailing address
5 GENE DR, LAWRENCEBURG, TN 38464-7294
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
$520,000
Lidong Hu
Jun Lin
Warranty Deed
—
Sep 21, 2015
$600,000
Store Master Funding Vii LLC
Srl LLC
Special Warranty Deed
—
Mar 2, 2007
$550,000
Jun Lin
Ke,andy & Jenny Q
Warranty Deed
$90,000 · Global Lending LLC
Jun 1, 2004
$380,000
Andy Ke
Chu,cheng L
Grant Deed
—
Oct 11, 1990
$53,000
Cheng Lien Chu
Unknown
Grant Deed
related
—
—
—
Srl LLC
—
Deed Of Trust
related
$309,600 · Bank Of Independent
—
—
Srl LLC
—
Deed Of Trust
related
$312,079 · Bank Of Independent
—
—
Stephen J Roberson
—
Deed Of Trust
related
$436,517 · Bank Of Independent
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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