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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Turn key restaurants
791 Jefferson Ave Cookeville, TN 38501-4028
Trust Owned
5-yr Hold
Free & Clear
Property ID
US80-0333573
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Total area
10,712 SF
Lot
2.09 ac (91,040 SF)
Zoning code
C3
APN
071066C B 00102
UPID
US80-0333573
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
-
Super Hibachi Grill Buffet Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$650k
Owner & transaction history
Standifer,douglas L Trust · 5 yrs held
Standifer,douglas L Trust
since 2020
7 recorded transactions
Zoning & alternative use
C3 · Cookeville, TN
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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,050,000
Current use
MEDICAL BUILDING
$995,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$955,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$61 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,427
Tax year 2022
Assessed value
$723,560
Assessed 2023
Previous assessed
$711,640
+1.7% YoY
Effective rate
3.24%
On assessed value
Assessed land
$377,600
Assessed improvement
$345,960
Land market value
$944,000
Improvement market value
$864,900
Total market value
$1,808,900
Applied tax rate
71.0000
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
1995
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
6
Total area
10,712 SF
Lot
2.09 ac (91,040 SF)
Zoning code
C3
APN
071066C B 00102
UPID
US80-0333573
Jurisdiction
PUTNAM
Zoning & alternative use
C3 · Cookeville, TNZoning C3 · permitted uses
C3 · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Supplemental Regulations
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$955,000
RESTAURANT Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1995
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
2.09 ac
Current owner
From public records · entity-resolved
Standifer,douglas L Trust
Trust
Free & Clear · 5 yrs held
Mailing address
PO BOX 866, COOKEVILLE, TN 38503-0866
Ownership since
2020
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 15, 2020
—
Standifer,douglas L Trust
Douglas L Standifer
Correction Deed
related
—
May 5, 2020
—
Standifer,douglas L Trust
Douglas Standifer
Quit Claim Deed
related
—
Jun 1, 2009
$206,250
John P Lowe
Standifer,douglas L
Warranty Deed
—
Jan 16, 2009
$825,000
Douglas L Standifer
Figryanh LLC
Warranty Deed
$618,750 · Pinnacle National Bank
Dec 12, 2006
$1,943,389
Figryanh LLC
Ryans Restaurant Group INC
Deed Of Trust
related
$126,500,000 · German American Capital Corp
—
—
Fire Mountain Restaurants LLC
—
Deed Of Trust
related
—
—
—
Douglas Standifer
—
Deed Of Trust
related
—
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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