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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Drive through restaurants
4815 Lebanon Pike Hermitage, TN 37076-1602
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-3116394
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1998
Total area
4,041 SF
Lot
1.64 ac (71,438 SF)
Zoning code
CS
APN
065-13-0-065-00
UPID
US80-3116394
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
-
Popeyes Louisiana Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$990k
Owner & transaction history
Newell Berg Holdings Tn LLC · 5 yrs held
Newell Berg Holdings Tn LLC
since 2020
Last sale
$775,500
5 recorded transactions
Zoning & alternative use
CS · Hermitage, 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 Hermitage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermitage 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
$1,100,000
ML approach
$1,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $776k (Oct 15 2020)
Last sale anchor
$776k
Oct 15 2020
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
$245 / 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
$29,879
Tax year 2023
Assessed value
$1,022,560
Assessed 2023
Previous assessed
$290,520
+252.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$285,760
Assessed improvement
$736,800
Land market value
$714,400
Improvement market value
$1,842,000
Total market value
$2,556,400
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1998
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
2
Total area
4,041 SF
Lot
1.64 ac (71,438 SF)
Zoning code
CS
APN
065-13-0-065-00
UPID
US80-3116394
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Hermitage, TNZoning CS · permitted uses
CS · Hermitage, 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
1998
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Newell Berg Holdings Tn LLC
Entity
Free & Clear · 5 yrs held
Mailing address
115 N 8TH ST, MAYFIELD, KY 42066-1803
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
$775,500
Newell Berg Holdings Tn LLC
Central Penn Capital Management LLC
Special Warranty Deed
—
Dec 17, 2019
$496,080
Central Penn Cap Mgmt LLC
Lindner Erno D|synergy R/e Hldgs LLC
Trustees Deed
related
—
Oct 21, 2019
—
Synergy R & E Hldgs LLC
—
Grant Deed
related
$10,250,000 · Capital One NA
Jul 19, 2016
$600,000
Synergy Real Estate Holdings LLC
Wendell Ethridge
Warranty Deed
—
Jun 4, 2008
$385,000
Wendell Ethridge
David B Foutch
Warranty Deed
$389,625 · First Freedom Bank
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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