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Property profile & analytics
OFF-MARKET
Estimated value
$3,025,000
Auto shops
507 New Paul Rd La Vergne, TN 37086-4958
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-2062766
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2023
Total area
26,160 SF
Lot
3 ac (130,680 SF)
APN
017-040.00-000
UPID
US80-2062766
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
$3.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$3.03M
Owner & transaction history
Second Harvest Food Bank · 5 yrs held
Second Harvest Food Bank
since 2020
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
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 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
$3,555,000
ML approach
$3,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±10% · vs last sale $2.82M (Sep 10 2020)
Last sale anchor
$2.82M
Sep 10 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
$116 / 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
$23,280
Tax year 2023
Assessed value
$1,363,240
Assessed 2024
Previous assessed
$257,040
+430.4% YoY
Effective rate
1.71%
On assessed value
Assessed land
$257,040
Assessed improvement
$1,106,200
Land market value
$642,600
Improvement market value
$2,765,500
Total market value
$3,408,100
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
2023
Heating
RADIANT
Stories
1
Units
1
Total area
26,160 SF
Lot
3 ac (130,680 SF)
APN
017-040.00-000
UPID
US80-2062766
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
Building & site characteristics
From public records
Year built
2023
Heating
RADIANT
Stories
1
Units
1
Lot
3 ac
Current owner
From public records · entity-resolved
Second Harvest Food Bank
Entity
Free & Clear · 5 yrs held
Mailing address
800 HWY 98TH BYPUS, COLUMBIA, MS 39429-8255
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2020
—
Second Harvest Food Bank
Nacarato Michael J JR Trust
Quit Claim Deed
related
—
Mar 15, 2019
$2,820,000
Amerco Real Estate Co
Patriots LLC
Grant Deed
—
Mar 8, 2019
—
Michael J Nacarato JR.
Patriot LLC
Quit Claim Deed
related
—
Oct 3, 2016
$3,490,000
Cpdc Centrepointe Holdings P 3
Patriot LLC
Grant Deed
related
—
Dec 29, 2015
—
James W Cameron III
Patriot LLC
Quit Claim Deed
related
—
Mar 12, 2008
$6,000,000
Patriot LLC
Toombs,faye
Warranty Deed
—
Feb 12, 2002
—
Waldron P Vester
Waldron,vester
Quit Claim Deed
related
—
Dec 27, 2000
—
Joyce Waldron
Waldron,roy L
Quit Claim Deed
related
—
Dec 8, 1993
$448,620
Ridge Townhomes Cedar
Unknown
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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