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Property profile & analytics
OFF-MARKET
Turn key restaurants
540 Patriot Dr Dandridge, TN 37725-3216
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-1052270
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Total area
4,420 SF
Lot
1.46 ac (63,598 SF)
Zoning code
B-3
APN
057M A 00800
UPID
US80-1052270
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
-
Taste of Dandridge 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
by Request
Owner & transaction history
Carroll E Jarnigan JR · 3 yrs held
Carroll E Jarnigan JR
since 2023
7 recorded transactions
Zoning & alternative use
B-3 · Dandridge, 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 Dandridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dandridge 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
—
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
Property tax & assessments
Assessed value
$205,080
Assessed 2023
Previous assessed
$205,080
+0.0% YoY
Assessed land
$94,640
Assessed improvement
$110,440
Land market value
$236,600
Improvement market value
$276,100
Total market value
$512,700
Applied tax rate
45.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1988
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
4,420 SF
Lot
1.46 ac (63,598 SF)
Zoning code
B-3
APN
057M A 00800
UPID
US80-1052270
Jurisdiction
JEFFERSON
Zoning & alternative use
B-3 · Dandridge, TN
Zoning B-3 · permitted uses
B-3 · Dandridge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dandridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Carroll E Jarnigan JR
Individual
Free & Clear · 3 yrs held
Mailing address
1345 COLLINSON FRD RD, MORRISTOWN, TN 37814-1331
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
Carroll E Jarnigan JR
Jarnigan Family Foods LLC
Intrafamily Transfer
related
—
Nov 29, 2016
$525,000
Rhonda M Walker
Mishket,h Steven & Rebecca C
Warranty Deed
$446,250 · Branch Bk&tr
Nov 21, 2016
—
H Steven Mishket
Jefferson Properties Ltd
Quit Claim Deed
related
—
Dec 20, 2010
—
H Steven Mishket
Beckstem Ents INC
Quit Claim Deed
related
—
Nov 19, 2009
—
Beckstem Ents INC
Grandslam Pizza & Wings
Quit Claim Deed
related
—
Jul 6, 2009
—
Beckstem Ents INC
Beckstem INC
Quit Claim Deed
related
—
Nov 15, 2004
$225,500
Beckstem INC
Western Outlets 2 INC
Warranty 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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