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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Drive through restaurants
301 Market Dr Lenoir City, TN 37771-6460
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0694238
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2009
Total area
3,396 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-3
APN
053015 20002
UPID
US80-0694238
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
-
Bojangles Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Overland Park Invesmest Company LLC · 2 yrs held
Overland Park Invesmest Company LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C-3 · Lenoir City, 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 Lenoir City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenoir City 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
$1,610,000
ML approach
$1,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.78M (Sep 5 2023)
Last sale anchor
$1.78M
Sep 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
$489 / 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
$638,280
Assessed 2023
Previous assessed
$637,160
+0.2% YoY
Assessed land
$366,160
Assessed improvement
$272,120
Land market value
$915,400
Improvement market value
$680,300
Total market value
$1,595,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2009
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
2
Bathrooms
2
Total area
3,396 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-3
APN
053015 20002
UPID
US80-0694238
Jurisdiction
LOUDON
Zoning & alternative use
C-3 · Lenoir City, TN
Zoning C-3 · permitted uses
C-3 · Lenoir City, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lenoir City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
Overland Park Invesmest Company LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2 BUCKLAND ABBEY, NASHVILLE, TN 37215-4117
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2023
$1,775,000
Overland Park Invesmest Company LLC
Tkc Cccxviii LLC
Limited Warranty Deed
—
May 26, 2022
$12,575,000
Tkc Cccxviii LLC
Woodard Properties Lenoir City LLC
Special Warranty Deed
—
May 17, 2018
$9,400,000
Woodard Prop Lenoir City LLC
Town Crk At Knoxville 2013 LLC
Grant Deed
—
May 17, 2018
—
Woodard Prop Lenoir City LLC
Town Crk At Knoxville 2013 LLC
Quit Claim Deed
related
—
Jul 3, 2013
—
At Knoxville 20 Town Creek
At Knoxville Ll Town Creek
Quit Claim Deed
related
$6,375,000 · The Royal Bank Of Scotland Plc
Jul 13, 2012
—
Town Creek At Knoxville LLC
Town Creek LLC
Quit Claim Deed
related
$6,750,000 · Clayton Bank & Trust
Jul 13, 2012
$12,140,000
Town Creek At Knoxville LLC
Town Creek LLC
Grant Deed
—
Oct 15, 2008
—
Bear Group INC
—
Trustees Deed
related
$780,000 · Suntrust Bank NA
Nov 1, 2006
$8,500,000
Town Creek LLC
Eldridge,allen B
Grant Deed
$13,108,000 · Cornerstone Commercial & Mtg
—
—
Town Creek At Knoxville LLC
—
Loan Modification
related
$550,000 · Clayton Bank & Trust
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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