Technical
Financial
Distress signals
Property profile

505 Main St Crossville, TN 38555

OFF-MARKET
Drive through restaurants
Property ID
US80-1237612
2,830 SF 0.52 ac lot Built 1997
Entity Owned 36-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of a 2,830-square-foot restaurant building on a 0.63-acre parcel with direct frontage on Main Street/U.S. Highway 127. It is positioned as an out-parcel to an IGA-anchored shopping center and is located in Crossville, Tennessee, on the Cumberland Plateau near the intersection of Interstate 40 and U.S. Highway 127. The site is approximately 60 miles west of Knoxville and 100 miles east of Nashville. The property is configured for restaurant use and would be governed by a long-term lease structure with provisions for annual rental escalations beginning in year six and extending through renewal options, for a possible total term up to 45 years.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1997
Total area 2,830 SF
Lot 0.52 ac (22,632 SF)
APN 018100J D 00700
UPID US80-1237612

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

505 Main St Crossville, TN 38555-5627
Crossville metro Census 970502 CROSSVILLE, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 1990
4 recorded transactions
2023
Price N/A
2016
Price N/A
1990
$202,409
1990
$182,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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