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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Turn key restaurants
6519 Broadway Ave Tyler, TX 75703-4668
Individually Owned
21-yr Hold
Free & Clear
Property ID
US82-4519427
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Total area
8,497 SF
Lot
2.2 ac (95,832 SF)
APN
1-50000-1434-00-013110
UPID
US82-4519427
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
-
Clear Springs Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$893k
Blend (final)
Blend
$680k
Owner & transaction history
Owner Name Unavailable · 21 yrs held
Owner Name Unavailable
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$810,000
+2.6%
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 Tyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyler 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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$790,000
Current use
COMMERCIAL (GENERAL)
$810,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$735,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$715,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
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
$80 / 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
$37,564
Tax year 2023
Assessed value
$2,154,906
Assessed 2023
Previous assessed
$2,154,906
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,149,984
Assessed improvement
$1,004,922
Land market value
$1,149,984
Improvement market value
$1,004,922
Total market value
$2,154,906
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
Heating
NONE
Buildings
2
Stories
1
Total area
8,497 SF
Lot
2.2 ac (95,832 SF)
APN
1-50000-1434-00-013110
UPID
US82-4519427
Jurisdiction
SMITH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$735,000
OFFICE BUILDING
Est. value
$715,000
RESTAURANT Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Buildings
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 21 yrs held
Mailing address
PO BOX 635280, NACOGDOCHES, TX 75963-5280
Ownership since
2004
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
Dec 29, 2020
—
Hill Country Restaurants INC
—
Deed
related
$1,000,000 · Bancorpsouth
Feb 7, 2019
—
Hill Country Restaurants INC
—
Deed
related
$1,000,000 · Bancorpsouth
Sep 16, 2013
—
Dewitt Partners Ltd
—
Deed Of Trust
related
$1,000,000 · Bancorpsouth
Oct 20, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Hill Country Restaurants INC
—
Loan Modification
related
$1,000,000 · Bancorpsouth
—
—
Hill Country Restaurants INC
—
Loan Modification
related
$1,000,000 · Bancorpsouth
—
—
Dewitt Partners Ltd
—
Deed Of Trust
related
$2,023,231 · Regions Bank
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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