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Property profile & analytics
OFF-MARKET
Estimated value
$3,250,000
Auto shops
404 Mason Rd La Vergne, TN 37086
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1365261
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2008
Total area
7,500 SF
Lot
5.48 ac (238,709 SF)
APN
029-005.04-000
UPID
US80-1365261
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
$3.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$3.25M
Owner & transaction history
Ipg LLC · 1 yrs held
Ipg LLC
since 2025
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+109.3%
Commercial (general)
$2.3M
+11.5%
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 La Vergne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Vergne 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
$3,410,000
ML approach
$3,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,025,000
Current use
RESTAURANT
$4,235,000
Change: +109% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,255,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$3.25M
Range $2.93M – $3.58M · ±10% · vs last sale $3.26M (Nov 21 2022)
Last sale anchor
$3.26M
Nov 21 2022
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
$433 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,709
Tax year 2023
Assessed value
$526,800
Assessed 2024
Previous assessed
$526,800
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$338,120
Assessed improvement
$188,680
Land market value
$845,300
Improvement market value
$471,700
Total market value
$1,317,000
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
2008
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Rooms
2
Total area
7,500 SF
Lot
5.48 ac (238,709 SF)
APN
029-005.04-000
UPID
US80-1365261
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
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
AUTO REPAIR, GARAGE Current
Est. value
$2.0M
RESTAURANT
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
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
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
5.48 ac
Current owner
From public records · entity-resolved
Ipg LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10 BURTON HLS BLVD STE #220, NASHVILLE, TN 37215-3021
Ownership since
2025
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
Jun 3, 2025
$6,100,000
Ipg LLC
Magnolia Mason Road LLC
Special Warranty Deed
—
Jun 3, 2025
—
Ipg LLC
Magnolia Mason Road LLC
Quitclaim Deed
related
—
Nov 21, 2022
$3,255,000
Magnolia Mason Road LLC
Dixie Earth Movers INC
Special Warranty Deed
$2,590,000 · Renasant Bank
Nov 21, 2022
—
Magnolia Mason Road LLC
Dixie Earth Movers INC
Quit Claim Deed
related
—
May 20, 2005
$8,500
City Of Lavergne
Dixie Earth Movers INC
Warranty Deed
—
Sep 27, 2001
$250,000
Earth M Dixie
Gibbs,autry
Grant Deed
—
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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