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Property profile & analytics
OFF-MARKET
Auto shops
701 Pleasant Shade Hwy Pleasant Shade, TN 37145-3210
Individually Owned
10-yr Hold
Free & Clear
Property ID
US80-1518747
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1930
Total area
1,785 SF
Lot
0.2 ac (8,712 SF)
Zoning code
5682
APN
080013 03603
UPID
US80-1518747
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark A Erickson · 10 yrs held
Mark A Erickson
since 2015
4 recorded transactions
Zoning & alternative use
5682 · Pleasant Shade, 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 Pleasant Shade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasant Shade 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
$19,320
Assessed 2023
Previous assessed
$19,320
+0.0% YoY
Assessed land
$5,400
Assessed improvement
$13,920
Land market value
$13,500
Improvement market value
$34,800
Total market value
$48,300
Applied tax rate
80.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1930
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
0
Total area
1,785 SF
Lot
0.2 ac (8,712 SF)
Zoning code
5682
APN
080013 03603
UPID
US80-1518747
Jurisdiction
SMITH
Zoning & alternative use
5682 · Pleasant Shade, TN
Zoning 5682 · permitted uses
5682 · Pleasant Shade, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pleasant Shade. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mark A Erickson
Individual
Free & Clear · 10 yrs held
Mailing address
29 NIXON VLY LN, LANCASTER, TN 38569-6235
Ownership since
2015
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
Aug 4, 2015
$28,000
Mark A Erickson
Shoulders,jeanne R
Warranty Deed
—
Jul 27, 2015
—
Jeanne R Shoulders
Shoulders,daniel D
Quit Claim Deed
related
—
Dec 22, 1994
—
Daniel Shoulders
—
Deed Of Trust
related
—
Apr 11, 1989
$8,000
Gene Shoulders
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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