Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants
980 Jefferson Ave Cookeville, TN 38501-4018
Entity Owned
13-yr Hold
Free & Clear
Property ID
US80-3503945
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2002
Total area
3,038 SF
Lot
0.96 ac (42,000 SF)
Zoning code
C-3
APN
071066K A 00600
UPID
US80-3503945
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
-
Dunkin' Cafe & Coffee Shop
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
Grossman Cookeville LLC · 13 yrs held
Grossman Cookeville LLC
since 2013
7 recorded transactions
Zoning & alternative use
C-3 · 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
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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$15,986
Tax year 2022
Assessed value
$529,240
Assessed 2023
Previous assessed
$485,600
+9.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$325,600
Assessed improvement
$203,640
Land market value
$814,000
Improvement market value
$509,100
Total market value
$1,323,100
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2002
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
3,038 SF
Lot
0.96 ac (42,000 SF)
Zoning code
C-3
APN
071066K A 00600
UPID
US80-3503945
Jurisdiction
PUTNAM
Zoning & alternative use
C-3 · Cookeville, TNZoning C-3 · permitted uses
C-3 · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Supplemental Regulations
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Grossman Cookeville LLC
Entity
Free & Clear · 13 yrs held
Mailing address
2398 E CAMELBACK RD STE #1100, PHOENIX, AZ 85016-9016
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2013
—
Grossman Cookeville LLC
Grossman Jack M Trust
Quit Claim Deed
related
—
Jul 15, 2003
$2,223,000
Grossman,jack M Tr
Cnl Funding 2001
Grant Deed
—
Jan 21, 2003
$1,771,000
Cnl Funding 2001-a LP
Jack,i
Grant Deed
related
—
Sep 26, 2001
$900,000
B Jack
Cnl Apf Partners
Grant Deed
—
Jul 26, 2000
—
Cnl Apf Partners LP
Cnl American Pro
Quit Claim Deed
related
—
Aug 6, 1997
$1,067,875
Cnl American Properties
—
Grant Deed
related
—
Mar 1, 1994
$510,000
Donald W Et Al Garis
Unknown
Grant Deed
—
Jan 30, 1990
$439,000
Harold L Jenkins
Unknown,
Grant Deed
—
Feb 15, 1989
$450,000
Little Bear Enterprises
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 980 Jefferson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
