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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Drive through restaurants
489 Sam Ridley Pkwy Smyrna, TN 37167-5626
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1086481
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2005
Construction
FRAME
Total area
3,539 SF
Lot
1.01 ac (43,996 SF)
Zoning code
C 2
APN
028-067.04-000
UPID
US80-1086481
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$560k
Owner & transaction history
Carden Rentals LLC · 15 yrs held
Carden Rentals LLC
since 2011
4 recorded transactions
Zoning & alternative use
C 2 · Smyrna, 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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
by Request
ML approach
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
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
$158 / 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
$15,502
Tax year 2023
Assessed value
$645,400
Assessed 2024
Previous assessed
$645,400
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$462,600
Assessed improvement
$182,800
Land market value
$1,156,500
Improvement market value
$457,000
Total market value
$1,613,500
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
2005
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
1
Rooms
2
Bathrooms
3
Total area
3,539 SF
Lot
1.01 ac (43,996 SF)
Zoning code
C 2
APN
028-067.04-000
UPID
US80-1086481
Jurisdiction
RUTHERFORD
Zoning & alternative use
C 2 · Smyrna, TNZoning C 2 · permitted uses
C 2 · Smyrna, 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
2005
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
3
Lot
1.01 ac
Current owner
From public records · entity-resolved
Carden Rentals LLC
Entity
Mailing address
1155 PERIMETER CTR #11, ATLANTA, GA 30338-5463
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Aug 25, 2021
—
Carden Rentals LLC
—
Deed
related
$850,000 · Republic Bank & Trust Co
Jul 22, 2011
$2,108,301
Carden Rentals LLC
Hazin,asia
Deed Of Trust
related
$1,500,000 · Wilson Bank & Trust
Aug 4, 2006
$2,046,489
Asia Hazin
Smyrna Real Estate Group LLC
Grant Deed
—
Oct 22, 2004
$402,261
Smyrna Real Estate Group LLC
Newco-ridley LLC
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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