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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Drive through restaurants
263 Lowry St Smyrna, TN 37167-2562
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-3503638
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1982
Construction
FRAME
Total area
2,298 SF
Lot
0.5 ac (21,911 SF)
APN
028D-B-001.00-000
UPID
US80-3503638
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
-
Captain D's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$775k
Owner & transaction history
Eprt Tennessee Properties LLC · 3 yrs held
Eprt Tennessee Properties LLC
since 2023
Last sale
$796,315
7 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$705,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $796k (Jan 3 2023)
Last sale anchor
$796k
Jan 3 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
$337 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,881
Tax year 2023
Assessed value
$286,480
Assessed 2024
Previous assessed
$286,480
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$133,480
Assessed improvement
$153,000
Land market value
$333,700
Improvement market value
$382,500
Total market value
$716,200
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
1982
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
2,298 SF
Lot
0.5 ac (21,911 SF)
APN
028D-B-001.00-000
UPID
US80-3503638
Jurisdiction
RUTHERFORD
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
1982
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
0.5 ac
Current owner
From public records · entity-resolved
Eprt Tennessee Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
902 CARNEGIE CTR STE #520, PRINCETON, NJ 08540-6531
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Eprt Tennessee Properties LLC
Scf Rc Funding LLC
Quit Claim Deed
related
—
Dec 19, 2016
$890,000
Scf Rc Funding I LLC
Scf Rc Master Funding I LLC
Grant Deed
—
Jul 11, 2016
—
Scfrc-hw-g LLC
Store Capital Acquisitions LLC
Quit Claim Deed
related
—
Jul 11, 2016
$796,315
Scfrc-hw-g LLC
Cnl Apf Partners LP
Grant Deed
—
Mar 23, 2005
$1,063,539
Net Lease Funding 2005
Cnl Apf Partners
Deed Of Trust
related
$275,000,000 · Wells Fargo Bank NA (te)
Sep 24, 2004
$970,928
Us Restaurant Props Operating
Usrp Holding Corp
Grant Deed
—
Sep 24, 2004
$972,569
Usrp Holding Corp
Usrp S & C LLC
Grant Deed
related
—
Oct 30, 2003
$969,733
Usrp LLC
Shoneys INC
Trustees Deed
—
Oct 30, 2003
—
Captian Ds LLC
Shn Properties
Trustees Deed
related
—
Mar 12, 2001
—
Captain D S INC
Shoneys INC
Trustees Deed
related
—
Dec 11, 1997
$2,725,000
Shn Properties LLC
—
Grant Deed
related
—
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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