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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Auto shops
2455 Maremont Pkwy, Loudon, TN 37774-1066
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0801792
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1992
Construction
FRAME
Total area
6,000 SF
Lot
3 ac (130,680 SF)
Zoning code
M-2
APN
053040 17500
UPID
US80-0801792
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
-
RECO Equipment, Inc. Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$505k
Owner & transaction history
11 W Properties INC · 3 yrs held
11 W Properties INC
since 2023
Last sale
$554,950
5 recorded transactions
Zoning & alternative use
M-2 · Loudon, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$640,000
+36.9%
Commercial (general)
$545,000
+16.3%
Retail stores
$495,000
+5.8%
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 Loudon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loudon 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
$475,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$465,000
Current use
RESTAURANT
$640,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: +16% · Conversion: Moderate
RETAIL STORES
$495,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$465,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $555k (May 5 2023)
Last sale anchor
$555k
May 5 2023
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
$84 / 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
$128,840
Assessed 2023
Previous assessed
$128,840
+0.0% YoY
Assessed land
$47,600
Assessed improvement
$81,240
Land market value
$119,000
Improvement market value
$203,100
Total market value
$322,100
Applied tax rate
53.0000
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
1992
Construction
FRAME
Heating
YES
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
6,000 SF
Lot
3 ac (130,680 SF)
Zoning code
M-2
APN
053040 17500
UPID
US80-0801792
Jurisdiction
LOUDON
Zoning & alternative use
M-2 · Loudon, TN
Zoning M-2 · permitted uses
M-2 · Loudon, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loudon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$465,000
RESTAURANT
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$545,000
RETAIL STORES
Est. value
$495,000
MEDICAL BUILDING
Est. value
$465,000
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1992
Construction
FRAME
Heating
YES
Stories
1
Units
1
Rooms
1
Bathrooms
2
Lot
3 ac
Current owner
From public records · entity-resolved
11 W Properties INC
Entity
Mailing address
2002 W HWY 11E, NEW MARKET, TN 37820-3914
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 5, 2023
$554,950
11 W Properties INC
Sarah J Watkins
Warranty Deed
—
Jan 27, 2005
—
John D James
James,nancy
Quit Claim Deed
related
$70,800 · First National Bank
Mar 21, 1991
$18,000
John D James
Unknown
Grant Deed
—
—
—
John D James
—
Deed Of Trust
related
$100,000 · First National Bank
—
—
John D James
—
Deed Of Trust
related
$150,000 · First National 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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