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Property profile & analytics
OFF-MARKET
Estimated value
$7,080,000
Auto shops
3422 Adventure Ln Kodak, TN 37764-1973
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1652927
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Total area
20,803 SF
Lot
2.04 ac (88,862 SF)
Zoning code
II1
APN
078008 11002
UPID
US80-1652927
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
-
Mountain Motorsports Sevierville Car Dealership
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.08M
Owner & transaction history
National Retail Properties INC · 4 yrs held
National Retail Properties INC
since 2021
Last sale
$7.3M
6 recorded transactions
Zoning & alternative use
II1 · Kodak, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.7M
+293.6%
Commercial (general)
$6.5M
+191.5%
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 Kodak submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kodak 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
$6,465,000
ML approach
$7,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,720,000
Change: +294% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,455,000
Change: +191% · Conversion: Moderate
Blend value · Realmo final
$7.08M
Range $6.37M – $7.79M · ±10% · vs last sale $7.30M (Sep 30 2021)
Last sale anchor
$7.30M
Sep 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
$340 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$16,383
Tax year 2021
Assessed value
$859,800
Assessed 2023
Previous assessed
$859,800
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$280,360
Assessed improvement
$579,440
Land market value
$700,900
Improvement market value
$1,448,600
Total market value
$2,149,500
Applied tax rate
78.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2000
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
20,803 SF
Lot
2.04 ac (88,862 SF)
Zoning code
II1
APN
078008 11002
UPID
US80-1652927
Jurisdiction
SEVIER
Zoning & alternative use
II1 · Kodak, TNZoning II1 · permitted uses
II1 · Kodak, TN
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
RESTAURANT
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$6.5M
RESTAURANT
COMMERCIAL (GENERAL)
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
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
2.04 ac
Current owner
From public records · entity-resolved
National Retail Properties INC
Entity
Free & Clear · 4 yrs held
Mailing address
450 S ORANGE AVE STE #900, ORLANDO, FL 32801-3339
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$7,304,348
National Retail Properties INC
Hardwick & Price Properties LLC
Special Warranty Deed
—
Jan 3, 2020
—
Hardwick & Prce Properties LLC
Justin Price
Intrafamily Transfer
related
$1,160,250 · Citizens National Bank
Nov 22, 2019
$1,660,000
Justin Price
Fred C III
Warranty Deed
—
Dec 28, 2018
—
Fred C Hardwick III
—
Deed
related
$3,145,000 · Citizens National Bank
Feb 15, 2017
—
Fred C Hardwick
—
Deed
related
$3,145,000 · Citizens National Bank
Feb 20, 2008
—
Hickory Hill Properties
Hickory Hill Properties
Quit Claim 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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