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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Drive through restaurants
520 Jefferson Ave Cookeville, TN 38501-4010
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-1039461
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1991
Construction
FRAME
Total area
692 SF
Zoning code
PCD
APN
071053N B 02002
UPID
US80-1039461
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
-
Krystal Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Kira Mar LLC · 4 yrs held
Kira Mar LLC
since 2022
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
PCD · Cookeville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
PERMITTED USE RESIDENTIAL RS 20 RS 15 RS 10 RS 7.5 RS 5 RD RM 8 RM 14 RMHP PRD CBD CN CL CG CR PCD MS UNV CI LM HM QM Single-family detached XXXXXXX X X R X Zero lot-line detached R RRR X R Duplex/Two-family XX X X R X Zero lot-line attached RR X R Single-family attached (Townhouse) RRRR XRRRR R R Single-family detac
Zone name
Planned Commercial Development
General category
COMMERCIAL
Zone area
118.28 ac
Source
Supplemental Regulations
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$2,025,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.48M (Jan 3 2022)
Last sale anchor
$1.48M
Jan 3 2022
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
$2,493 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,579
Tax year 2022
Assessed value
$258,920
Assessed 2023
Previous assessed
$230,200
+12.5% YoY
Effective rate
2.93%
On assessed value
Assessed land
$181,200
Assessed improvement
$77,720
Land market value
$453,000
Improvement market value
$194,300
Total market value
$647,300
Applied tax rate
71.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1991
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
692 SF
Zoning code
PCD
APN
071053N B 02002
UPID
US80-1039461
Jurisdiction
PUTNAM
Zoning & alternative use
PCD · Cookeville, TNZoning PCD · permitted uses
PCD · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
PERMITTED USE RESIDENTIAL RS 20 RS 15 RS 10 RS 7.5 RS 5 RD RM 8 RM 14 RMHP PRD CBD CN CL CG CR PCD MS UNV CI LM HM QM Single-family detached XXXXXXX X X R X Zero lot-line detached R RRR X R Duplex/Two-family XX X X R X Zero lot-line attached RR X R Single-family attached (Townhouse) RRRR XRRRR R R Single-family detac
Zone name
Planned Commercial Development
General category
COMMERCIAL
Zone area
118.28 ac
Source
Supplemental Regulations
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Current owner
From public records · entity-resolved
Kira Mar LLC
Entity
Free & Clear · 4 yrs held
Mailing address
400 BRANDYWINE RD, SPRINGFIELD, IL 62704-6361
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$1,475,000
Kira Mar LLC
Wac Enterprises INC
Special Warranty Deed
—
Jul 12, 1991
$260,000
Wac Enterprises INC
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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