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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2400 Hillsboro Blvd Manchester, TN 37355-6535
Entity Owned
23-yr Hold
Free & Clear
Property ID
US80-1324373
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2004
Total area
2,934 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C2
APN
016085 02205
UPID
US80-1324373
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
-
Quik Mart Convenience Stores Gas Station
-
Shell Gas Station
-
ATM (Quik Mart Convenience Stores) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Edwards Real Estate LLC · 23 yrs held
Edwards Real Estate LLC
since 2002
4 recorded transactions
Zoning & alternative use
C2 · Manchester, TN
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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,562
Tax year 2023
Assessed value
$318,520
Assessed 2023
Previous assessed
$318,520
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$117,000
Assessed improvement
$201,520
Land market value
$292,500
Improvement market value
$503,800
Total market value
$796,300
Applied tax rate
16.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
2,934 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C2
APN
016085 02205
UPID
US80-1324373
Jurisdiction
COFFEE
Zoning & alternative use
C2 · Manchester, TN
Zoning C2 · permitted uses
C2 · Manchester, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Edwards Real Estate LLC
Entity
Free & Clear · 23 yrs held
Mailing address
PO BOX 807, LAWRENCEBURG, TN 38464-0807
Ownership since
2002
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
Aug 16, 2002
—
Edwards Real Estate LLC
Edwards Land LLC
Quit Claim Deed
related
—
Aug 30, 2001
$100
Relco
Edwards,jonathan
Grant Deed
related
—
Dec 20, 1994
$150,000
Jonathan M Edwards
—
Grant Deed
related
—
May 3, 1991
$140,000
Harvel Coleman Edwards III
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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