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Property profile & analytics
OFF-MARKET
Estimated value
$9,220,000
Automotive properties
3020 Germantown Rd, Bartlett, TN 38133-4023
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3221175
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2000
Total area
31,208 SF
Lot
9.23 ac (401,972 SF)
Zoning code
C-H
APN
B01-58 - - -00180
UPID
US80-3221175
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
$8.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.22M
Owner & transaction history
Riverside Villas LLC · 4 yrs held
Riverside Villas LLC
since 2021
Last sale
$10.2M
7 recorded transactions
Zoning & alternative use
C-H · Bartlett, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.6M
+217.7%
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 Bartlett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartlett 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
$8,315,000
ML approach
$8,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,610,000
Change: +218% · Conversion: Difficult
Blend value · Realmo final
$9.22M
Range $8.30M – $10.14M · ±10% · vs last sale $10.18M (Aug 30 2021)
Last sale anchor
$10.18M
Aug 30 2021
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
$295 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$62,225
Tax year 2022
Assessed value
$1,835,560
Assessed 2023
Previous assessed
$1,835,560
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$879,600
Assessed improvement
$955,960
Land market value
$2,199,000
Improvement market value
$2,389,900
Total market value
$4,588,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
31,208 SF
Lot
9.23 ac (401,972 SF)
Zoning code
C-H
APN
B01-58 - - -00180
UPID
US80-3221175
Jurisdiction
SHELBY
Zoning & alternative use
C-H · Bartlett, TN
Zoning C-H · permitted uses
C-H · Bartlett, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bartlett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$9.6M
RESTAURANT
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
9.23 ac
Current owner
From public records · entity-resolved
Riverside Villas LLC
Entity
Mailing address
1180 S BEVERLY DR STE #301, LOS ANGELES, CA 90035-1154
Ownership since
2021
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
Sep 10, 2021
—
Riverside Villas LLC
—
Deed
related
$6,500,000 · Bay Commercial Bank
Aug 30, 2021
$10,176,481
Riverside Villas LLC
Drake Motor Partners Memephis LLC
Special Warranty Deed
$6,500,000 · Bay Commercial Bank
Jan 14, 2021
$4,550,000
Drake Motor Partners Memphis LLC
3020 Germantown LLC
Warranty Deed
$5,488,000 · Independent Bank
Sep 24, 2020
$3,622,000
3020 Germantown LLC
Homer D Skelton Living Trust
Grant Deed
—
Jun 2, 2008
$3,250,000
Homer D Inter Vivos Skelton
Chrysler Realty Co LLC
Grant Deed
—
Aug 6, 2004
$5,060,000
Chrysler Realty Co LLC
Hj & F LLC
Grant Deed
—
Aug 25, 1999
$1,200,000
H J
Hart,ocie L
Grant Deed
$960,000 · F&m Bank & Trust Co
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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