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Property profile & analytics
OFF-MARKET
Auto shops
400 Main St Bolivar, TN 38008-2708
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1948043
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,982 SF
Lot
5 ac (217,800 SF)
Zoning code
B-1
APN
035079B A 02600
UPID
US80-1948043
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
-
Nelms Chevrolet Body Shop Auto Repair Shop
-
Nelms Auto Sales Car Dealership
-
Nelms Bodyshop 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
Benjamin W Irvin · 1 yrs held
Benjamin W Irvin
since 2024
Last sale
$300,000
3 recorded transactions
Zoning & alternative use
B-1 · Bolivar, 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 Bolivar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bolivar 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
$5,040
Tax year 2022
Assessed value
$161,680
Assessed 2023
Previous assessed
$131,840
+22.6% YoY
Effective rate
3.12%
On assessed value
Assessed land
$40,000
Assessed improvement
$121,680
Land market value
$100,000
Improvement market value
$304,200
Total market value
$404,200
Applied tax rate
35.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
3
Total area
8,982 SF
Lot
5 ac (217,800 SF)
Zoning code
B-1
APN
035079B A 02600
UPID
US80-1948043
Jurisdiction
HARDEMAN
Zoning & alternative use
B-1 · Bolivar, TNZoning B-1 · permitted uses
B-1 · Bolivar, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
3
Lot
5 ac
Current owner
From public records · entity-resolved
Benjamin W Irvin
Individual
Mailing address
400 S MAIN ST, BOLIVAR, TN 38008-2708
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
$300,000
Benjamin W Irvin
Nelms Chevrolet Company
Warranty Deed
$200,000 · Nelms Chevrolet Company
Aug 19, 2005
—
Nelms Chevrolet Co
Nelms,w R
Quit Claim Deed
related
—
—
—
Nelms Chevrolet Co
—
Deed Of Trust
related
$300,000 · Bank Of Fayette County
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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