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Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Drive through restaurants
2005 Reelfoot Ave Union City, TN 38261-5553
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1437325
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
3,933 SF
Lot
0.86 ac (37,462 SF)
APN
066059 04810
UPID
US80-1437325
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
-
Zaxby's Chicken Fingers & Buffalo Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.79M
Owner & transaction history
Union City Investment Group LLC · 3 yrs held
Union City Investment Group LLC
since 2022
Last sale
$3.1M
7 recorded transactions
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 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
$2,360,000
ML approach
$2,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±10% · vs last sale $3.08M (Sep 15 2022)
Last sale anchor
$3.08M
Sep 15 2022
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
$708 / 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
$420,120
Assessed 2023
Previous assessed
$361,800
+16.1% YoY
Assessed land
$59,840
Assessed improvement
$360,280
Land market value
$149,600
Improvement market value
$900,700
Total market value
$1,050,300
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
3,933 SF
Lot
0.86 ac (37,462 SF)
APN
066059 04810
UPID
US80-1437325
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
Building & site characteristics
From public records
Year built
2015
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Union City Investment Group LLC
Entity
Mailing address
12407 REHL RD, LOUISVILLE, KY 40299-4510
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
Union City Investment Group LLC
—
Deed
related
$1,430,000 · Busey Bank
Sep 15, 2022
$3,080,000
Union City Investment Group LLC
Manwell Tenn II LLC
Warranty Deed
$747,000 · Synovus Bank
Aug 7, 2019
—
Manwell Tenn II LLC
—
Trustees Deed
related
$700,000 · Ameris Bk
Sep 12, 2016
—
Manwell Terin II LLC
—
Deed
related
$905,000 · Ameris Bk
May 5, 2016
—
Manwell Tenn II LLC
—
Deed
related
$749,000 · Brightbridge INC
Apr 20, 2015
$250,000
Manwell Tenn II LLC
Robert S Carpenter
Warranty Deed
—
Apr 17, 2012
$71,500
Robert S Carpenter
Gurien,jerry L
Warranty Deed
—
Dec 5, 1988
$50,000
Jerry L Gurien
Unknown
Grant Deed
—
Jul 11, 1988
$50,000
Jerry L Gurien
Unknown,
Grant Deed
—
—
—
Manwell Terin II LLC
—
Loan Modification
related
$905,000 · Ameris Bk
—
—
Manwell Tenn II LLC
—
Deed Of Trust
related
$749,000 · Brightbridge INC
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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