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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Turn key restaurants
523 Sam Ridley Pkwy Smyrna, TN 37167-5627
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0893343
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Construction
FRAME
Total area
5,641 SF
Lot
1.32 ac (57,499 SF)
Zoning code
C-2
APN
028I-A-001.02-000
UPID
US80-0893343
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
-
Jim 'N Nick's Bar-B-Q Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Miketoo & Wam R/e Ptshp LLC · 21 yrs held
Miketoo & Wam R/e Ptshp LLC
since 2005
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$127 / 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
$21,582
Tax year 2023
Assessed value
$898,520
Assessed 2024
Previous assessed
$898,520
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$604,600
Assessed improvement
$293,920
Land market value
$1,511,500
Improvement market value
$734,800
Total market value
$2,246,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
5
Total area
5,641 SF
Lot
1.32 ac (57,499 SF)
Zoning code
C-2
APN
028I-A-001.02-000
UPID
US80-0893343
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-2 · Smyrna, TN
Zoning 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
Smyrna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
5
Lot
1.32 ac
Current owner
From public records · entity-resolved
Miketoo & Wam R/e Ptshp LLC
Entity
Mailing address
3520 PIEDMONT RD NE STE #410, ATLANTA, GA 30305-1512
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Jun 29, 2005
—
Miketoo & Wam R/e Ptshp LLC
Wam Ltd
Quit Claim Deed
related
$1,425,000 · First Tennessee Bank National
Oct 22, 2004
$526,230
Wam Ltd
Newco-ridley LLC
Grant Deed
—
—
—
Fresh Fund I LLC
—
Deed Of Trust
related
$38,000,000 · Pnc Bank
—
—
Miketoo & Wam R/e Ptshp LLC
—
Deed Of Trust
related
$190,000 · First Tennessee Bank National
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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