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Property profile & analytics
OFF-MARKET
Auto shops
3918 Hwy 411 Madisonville, TN 37354-4428
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-3557698
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1984
Total area
5,600 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C-3
APN
062057 03402
UPID
US80-3557698
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
-
Monroe Tire & Service Inc. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eric Eve · 6 yrs held
Eric Eve
since 2019
7 recorded transactions
Zoning & alternative use
C-3 · Madisonville, 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 Madisonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madisonville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,033
Tax year 2022
Assessed value
$150,840
Assessed 2023
Previous assessed
$130,640
+15.5% YoY
Effective rate
2.67%
On assessed value
Assessed land
$73,480
Assessed improvement
$77,360
Land market value
$183,700
Improvement market value
$193,400
Total market value
$377,100
Applied tax rate
62.0000
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
1984
Heating
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,600 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C-3
APN
062057 03402
UPID
US80-3557698
Jurisdiction
MONROE
Zoning & alternative use
C-3 · Madisonville, TN
Zoning C-3 · permitted uses
C-3 · Madisonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madisonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
YES
Stories
1
Units
1
Bathrooms
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Eric Eve
Individual
Mailing address
1745 PONDERING AVE, NORTH LAS VEGAS, NV 89031-4518
Ownership since
2019
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
Dec 2, 2019
—
Eric Eve
Monroe Tire & Service INC
Quit Claim Deed
related
$383,280 · Peoples Bk/e Tn
May 29, 2018
$363,344
Monroe Tire & Service INC
Bubp Brett D
Quit Claim Deed
related
$389,822 · Peoples Bk/e Tn
Sep 28, 2015
$349,627
Brett D Bubp
Blackwell Douglas N II|atkins,joe B II
Trustees Deed
$407,217 · Peoples Bk/e Tn
Jun 16, 2009
$435,000
Joe B Atkins II
Bubp,daniel B & Lisa M
Warranty Deed
$375,000 · Peoples Bank E Tn
May 14, 2007
$470,000
Daniel B Bubp
Bryant,tom & Irene
Warranty Deed
$280,505 · Peoples Bank E Tn
Jan 10, 2005
—
Tom Bryant
Keller,jerry E & Agnes
Quit Claim Deed
related
—
Jun 4, 2004
$335,000
Tom Bryant
Yopp,kenneth & Lisa
Warranty Deed
$300,000 · Peoples Bank Monroe County
Dec 7, 1992
$50,000
Robert L Hammontree
Unknown
Grant Deed
—
—
—
Daniel B Bubp
—
Deed Of Trust
related
$355,783 · Peoples Bank E Tn
—
—
Joe B Atkins II
—
Deed Of Trust
related
$360,000 · Peoples Bank E Tn
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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