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Financial
Distress signals
Property profile

217 Atlantic St Tullahoma, TN 37388

OFF-MARKET
Commercial land
Property ID
US80-1879964
0.64 ac lot
Last sale Jan 1993 · $30,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Sundrop Shoppe & Luncheonette is a restaurant and luncheonette property in Tullahoma, Tennessee at 217 NW Atlantic St. It was opened in 2019 after extensive remodeling and is currently configured as two units situated side by side on the same site, designed to support continued use as food service and with potential for reconfiguration. The property is sold as one tax parcel (1240 C 028.00) and features road frontage on NW Atlantic St. The included improvements and operating assets…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$591
Tax billed · 2023
Assessed value$15k
Assessed land$15k
Effective rate4.00%

Value estimate

· Oct 2026
$65k
$59k – $72k
AI approach$65k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$43 – $181

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOFFEE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.4
Dry Cleaner8.8
Shoe Repair8.6

Location

217 Atlantic St Tullahoma, TN 37388-4419
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Jackson, Tullahoma, TN 37388 $150,000 Apr 2025 No data
Cedar, Tullahoma, TN 37388 $201,000 Feb 2025 No data
501 Anderson, Tullahoma, TN 37388-3941 $840,000 Apr 2024 82,289 SF
730 Kings, Tullahoma, TN 37388-5371 $195,000 Apr 2024 No data
741 Kings, Tullahoma, TN 37388-5372 $500,000 Jan 2024 No data
608 Anderson, Tullahoma, TN 37388-3944 $825,000 Aug 2023 1,618 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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