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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Auto shops
2902 Hwy 64th W Lewisburg, TN 37091-4976
Individually Owned
3-yr Hold
Property ID
US80-1669801
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,500 SF
Lot
6.2 ac (270,072 SF)
APN
002082 03901
UPID
US80-1669801
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.04M
Owner & transaction history
Michael Lee Swift JR · 3 yrs held
Michael Lee Swift JR
since 2023
Last sale
$38,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+74.0%
Medical building
$1.0M
+24.0%
Restaurant
$890,000
+7.5%
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 Lewisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$825,000
Current use
COMMERCIAL (GENERAL)
$1,440,000
Change: +74% · Conversion: Moderate
MEDICAL BUILDING
$1,025,000
Change: +24% · Conversion: Difficult
RESTAURANT
$890,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$850,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$840,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $38k (Feb 3 2023)
Last sale anchor
$38k
Feb 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
$99 / 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
$216,840
Assessed 2023
Previous assessed
$216,840
+0.0% YoY
Assessed land
$22,200
Assessed improvement
$194,640
Land market value
$55,500
Improvement market value
$486,600
Total market value
$542,100
Applied tax rate
2.0000
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Bathrooms
3
Total area
10,500 SF
Lot
6.2 ac (270,072 SF)
APN
002082 03901
UPID
US80-1669801
Jurisdiction
BEDFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$890,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$850,000
RETAIL STORES
Est. value
$840,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Bathrooms
3
Lot
6.2 ac
Current owner
From public records · entity-resolved
Michael Lee Swift JR
Individual
Mailing address
430 HASKINS CHAPEL RD, LEWISBURG, TN 37091-4952
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2023
—
Michael Lee Swift JR
Shanna Beasley Swift
Intrafamily Transfer
related
—
Nov 1, 2011
$38,000
Michael L Swift JR.
Whaley,ernest T & Judy
Warranty Deed
$39,569 · First Community Bank Bedford C
Nov 23, 2010
$28,000
Ernest T Whaley
Laster,joseph W & Martha L
Warranty Deed
$22,400 · Heritage South Community Cu
Oct 5, 2006
$25,000
Joseph W Laster
Landon,duane T & Joyce A
Warranty Deed
—
May 1, 2006
$34,720
Duane T Landon
Cooke,byron L
Warranty Deed
—
—
—
Michael L Swift JR
—
Deed Of Trust
related
$20,912 · First Cmnty Bk/bedford Cnty
—
—
Michael L Swift JR
—
Deed Of Trust
related
$350,000 · First Cmnty Bk/bedford Cnty
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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