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Property profile & analytics
OFF-MARKET
Estimated value
$10,260,000
Automotive properties
3060 Germantown Rd, Bartlett, TN 38133-4023
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1644096
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2011
Total area
30,717 SF
Lot
9.84 ac (428,543 SF)
Zoning code
C-H
APN
B01-58 - - -00403-C
UPID
US80-1644096
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
$7.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.26M
Owner & transaction history
Al Gossett · 5 yrs held
Al Gossett
since 2020
Last sale
$13.5M
5 recorded transactions
Zoning & alternative use
C-H · Bartlett, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.5M
+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
$10,925,000
ML approach
$7,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,460,000
Change: +218% · Conversion: Difficult
Blend value · Realmo final
$10.26M
Range $9.23M – $11.29M · ±10% · vs last sale $13.50M (Oct 7 2020)
Last sale anchor
$13.50M
Oct 7 2020
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
$334 / 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
$123,164
Tax year 2022
Assessed value
$3,633,160
Assessed 2023
Previous assessed
$3,633,160
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$977,720
Assessed improvement
$2,655,440
Land market value
$2,444,300
Improvement market value
$6,638,600
Total market value
$9,082,900
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
2011
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
30,717 SF
Lot
9.84 ac (428,543 SF)
Zoning code
C-H
APN
B01-58 - - -00403-C
UPID
US80-1644096
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
$9.5M
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
2011
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
9.84 ac
Current owner
From public records · entity-resolved
Al Gossett
Individual
Mailing address
1900 COVINGTON PIKE, MEMPHIS, TN 38128-6981
Ownership since
2020
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
Apr 12, 2021
—
Al Gossett
—
Deed
related
$5,000,000 · Al Gossett
Oct 7, 2020
$13,500,000
Al Gossett
Jwe Ace LLC
Grant Deed
—
Oct 7, 2020
—
Al Gossett
Jwe Ace LLC
Quit Claim Deed
related
$13,500,000 · Jwe Ace LLC
May 8, 2019
—
Jwe Ace LLC
—
Loan Modification
related
$6,240,000 · Wells Fargo Bk
—
—
Jwe Ace LLC
—
Deed Of Trust
related
$6,240,000 · Wells Fargo Bk
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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