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Property profile & analytics
FOR SALE
Turn key restaurants
7535 Conner Rd Powell, TN 37849
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-3509055
For Sale
1 / 2
$2,450,000
7535 Conner Rd, Powell, TN 37849
View Listing →
Property summary
AI-generated overview
This exceptional 5,874 square foot Class A restaurant is available for $2,450,000. Located at 7535 Conner Rd in Powell, Tennessee (zip code 37849), this single-tenant property sits on a 2.14-acre lot and boasts 98 parking spaces. Built in 1997, the one-story building is zoned C-R-2 and offers a turnkey operation, complete with all tables, chairs, bar equipment, kitchen equipment, and flat screens. The property enjoys a high-traffic, high-visibility location just off I-75, making it ideal for a variety of uses, including a brewery, eatery, or even medical facility. The asking price is $442.62 per square foot. Owner financing is available at 5%. The property features a single building and is listed as a retail property with a restaurant subtype. The legal description is APN 047OB009. This is a NNN lease.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1997
Construction
LIGHT FRAME
Total area
5,873 SF
Lot
2.14 ac (93,218 SF)
APN
047OB009
UPID
US80-3509055
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
-
Los Braceros Mexican Cantina Restaurant
-
VACANT Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.76M
Owner & transaction history
Bltn Group LLC · 4 yrs held
Bltn Group LLC
since 2022
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
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 Powell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powell 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
$1,735,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.78M (Jan 3 2022)
Last sale anchor
$1.78M
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
$300 / 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
$27,256
Tax year 2023
Assessed value
$734,760
Assessed 2023
Previous assessed
$734,760
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$902,300
Improvement market value
$934,600
Total market value
$1,836,900
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
For Sale
Year built
1997
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Total area
5,873 SF
Lot
2.14 ac (93,218 SF)
APN
047OB009
UPID
US80-3509055
Jurisdiction
KNOX
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
LIGHT FRAME
Heating
STEAM
Stories
1
Units
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
Bltn Group LLC
Entity
Mailing address
234 MORRELL RD #302, KNOXVILLE, TN 37919-5876
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
Bltn Group LLC
—
Deed
related
$175,000 · Fractional Ownership
Oct 4, 2024
—
Bltn Group LLC
—
Deed
related
$550,000 · Lena Peroulas
Jan 3, 2022
—
Bltn Group LLC
The Bltn Group
Intrafamily Transfer
related
$2,450,000 · Southeast Bank
Nov 1, 2017
$1,775,000
Bltn Group
Troester Richard H & Ca
Warranty Deed
$1,423,812 · Peoples Bk
Nov 1, 2007
$1,700,000
Richard H Troester
Burleson,aubrey R
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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