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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Auto shops
2006 Main St Shelbyville, TN 37160-2022
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1311765
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Construction
FRAME
Total area
13,992 SF
Lot
4.84 ac (210,830 SF)
APN
002069 05501
UPID
US80-1311765
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
-
Newton Chevrolet GMC Car Dealership
-
17118-52416-54443 Car Dealership
-
Chevrolet Buick GMC Service Center Auto Repair Shop
-
NEWTON CHEVROLET Car Dealership Auto Repair Shop
-
Newton Chevrolet GMC Parts Center Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Newton Properties LLC · 10 yrs held
Newton Properties LLC
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+34.7%
Apartment house (5+ units)
$1.3M
+26.1%
Medical building
$1.3M
+25.3%
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 Shelbyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelbyville 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
$1,070,000
Current use
COMMERCIAL (GENERAL)
$1,440,000
Change: +35% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,345,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$1,340,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$1,155,000
Change: +8% · Conversion: Difficult
RESTAURANT
$980,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$66 / 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
$1,332,800
Assessed 2023
Previous assessed
$1,332,800
+0.0% YoY
Assessed land
$556,000
Assessed improvement
$776,800
Land market value
$1,390,000
Improvement market value
$1,942,000
Total market value
$3,332,000
Applied tax rate
2.0000
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
1997
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
9
Total area
13,992 SF
Lot
4.84 ac (210,830 SF)
APN
002069 05501
UPID
US80-1311765
Jurisdiction
BEDFORD
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 Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
RESTAURANT
Est. value
$980,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
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
1997
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
9
Lot
4.84 ac
Current owner
From public records · entity-resolved
Newton Properties LLC
Entity
Mailing address
1461 NASHVILLE PIKE, GALLATIN, TN 37066-7167
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2016
$5,200,000
Newton Properties LLC
Pirtle,jack E
Warranty Deed
$4,420,000 · First Cmnty Bk/bedford Cnty
Aug 1, 2012
$3,550,000
Jack E Pirtle
Pirtle,mark A
Warranty Deed
related
$2,845,000 · Firstbank NA
Dec 28, 2010
—
Mark Pirtle Chevrolet INC
—
Deed Of Trust
related
$2,500,000 · First National Bk/mcminnville
—
—
Jack E Pirtle
—
Deed Of Trust
related
$2,751,949 · First Nat'l Bk/middle Tennesse
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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