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Property profile & analytics
OFF-MARKET
Estimated value
$2,295,000
Drive through restaurants
2193 Main St Crossville, TN 38555-5405
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2068570
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Construction
WOOD
Total area
3,383 SF
Lot
1.03 ac (44,867 SF)
APN
018087 05109
UPID
US80-2068570
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
-
Wallner Jill M MD Pediatrician Physician
-
Marie R. Draudt, LMT Physician
-
Hwy 55 Burgers, Shakes & Fries Restaurant
-
Advance Legal Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
Patrick H Bitter · 4 yrs held
Patrick H Bitter
since 2021
Last sale
$2.5M
5 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 Crossville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crossville 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
$2,050,000
ML approach
$2,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±10% · vs last sale $2.55M (Jul 23 2021)
Last sale anchor
$2.55M
Jul 23 2021
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
$678 / 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
$397,880
Assessed 2023
Previous assessed
$397,880
+0.0% YoY
Assessed land
$122,720
Assessed improvement
$275,160
Land market value
$306,800
Improvement market value
$687,900
Total market value
$994,700
Applied tax rate
18.0000
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
2021
Construction
WOOD
Heating
STEAM
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
3,383 SF
Lot
1.03 ac (44,867 SF)
APN
018087 05109
UPID
US80-2068570
Jurisdiction
CUMBERLAND
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
2021
Construction
WOOD
Heating
STEAM
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.03 ac
Current owner
From public records · entity-resolved
Patrick H Bitter
Individual
Mailing address
102 COMMERCIAL AVE, MOUNT OLIVE, NC 28365-8695
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2021
$2,548,000
Patrick H Bitter
Twp Pcp Cross Retail LLC
Limited Warranty Deed
$1,600,000 · Credit Union 1
Dec 17, 2020
—
Twp Pcp Cross Retail LLC
127 Ptshp
Quit Claim Deed
related
—
Dec 17, 2020
$520,000
Twp Pcp Cross Retail LLC
127 Partnership
Limited Warranty Deed
—
Sep 9, 2005
—
127 Ptshp LLC
127 Ptshp
Quit Claim Deed
related
—
—
—
127 Ptshp
—
Deed Of Trust
related
$160,000 · Progressive Savings Bank
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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