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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Auto shops
2030 Reelfoot Ave Union City, TN 38261-5556
Individually Owned
8-yr Hold
Free & Clear
Property ID
US80-0889633
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
FRAME
Total area
20,187 SF
Lot
1.97 ac (85,813 SF)
APN
066059 04805
UPID
US80-0889633
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
-
Herman Jenkins Motors Inc Car Dealership
-
HERMAN JENKINS MOTORS, INC. Chevrolet Car Dealership Auto Repair Shop
-
Herman Jenkins Motors Inc - Jeep Car Dealership Auto Repair Shop
-
Herman Jenkins Motors Inc RAM Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Sandra M Jenkins · 8 yrs held
Sandra M Jenkins
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+9.0%
Medical building
$1.6M
+5.4%
Restaurant
$1.5M
+0.9%
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
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
$1,490,000
Current use
COMMERCIAL (GENERAL)
$1,620,000
Change: +9% · Conversion: Moderate
MEDICAL BUILDING
$1,570,000
Change: +5% · Conversion: Difficult
RESTAURANT
$1,500,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$1,455,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$60 / 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
$611,120
Assessed 2023
Previous assessed
$562,360
+8.7% YoY
Assessed land
$80,000
Assessed improvement
$531,120
Land market value
$200,000
Improvement market value
$1,327,800
Total market value
$1,527,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
5
Bathrooms
4
Total area
20,187 SF
Lot
1.97 ac (85,813 SF)
APN
066059 04805
UPID
US80-0889633
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
RESTAURANT
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
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
1978
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
5
Bathrooms
4
Lot
1.97 ac
Current owner
From public records · entity-resolved
Sandra M Jenkins
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 609, UNION CITY, TN 38281-0609
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2018
—
Sandra M Jenkins
Jenkins,herman & Sandra M
Quit Claim Deed
—
Feb 19, 2014
—
Herman Jenkins
Jenkins,herman
Quit Claim Deed
—
Oct 16, 1990
$280,000
Herman Jenkins
Unknown
Grant Deed
—
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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