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Property profile & analytics
OFF-MARKET
Turn key restaurants
472 Crockett Trce Dr Morristown, TN 37813-2158
Trust Owned
19-yr Hold
~
Est. High Equity
Property ID
US80-0109474
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Construction
WOOD
Total area
5,287 SF
Lot
1.35 ac (58,806 SF)
Zoning code
IB
APN
032034 02107
UPID
US80-0109474
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1987 Donig Living Trust · 19 yrs held
1987 Donig Living Trust
since 2007
4 recorded transactions
Zoning & alternative use
IB · Morristown, 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 Morristown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morristown 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
Property tax & assessments
Assessed value
$483,680
Assessed 2023
Previous assessed
$483,680
+0.0% YoY
Assessed land
$200,920
Assessed improvement
$282,760
Land market value
$502,300
Improvement market value
$706,900
Total market value
$1,209,200
Applied tax rate
32.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
12
Bathrooms
6
Total area
5,287 SF
Lot
1.35 ac (58,806 SF)
Zoning code
IB
APN
032034 02107
UPID
US80-0109474
Jurisdiction
HAMBLEN
Zoning & alternative use
IB · Morristown, TN
Zoning IB · permitted uses
IB · Morristown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morristown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
12
Bathrooms
6
Lot
1.35 ac
Current owner
From public records · entity-resolved
1987 Donig Living Trust
Trust
Mailing address
340 LAUREL AVE, SAN ANSELMO, CA 94960-2111
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2007
—
1987 Donig Living Trust
Morristown Hotcakes Ventures L
Quit Claim Deed
related
$1,462,000 · Boston Mutual Life Insurance
Mar 12, 2007
$2,925,000
1987 Donig Living Trust
Morristown Hotcakes Ventures L
Grant Deed
—
Apr 21, 2005
$587,500
Morristown Hotcakes Venture Ll
Morristown Certified Prope
Deed
$1,757,000 · Branch Banking And Trust Co
Jun 30, 2004
—
Certified Props Gen Morristown
Morristown Certified Props
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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