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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Assisted living facilities
1015 Generations Way Franklin, TN 37064-1579
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-2703039
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2018
Total area
35,558 SF
Lot
5.32 ac (231,739 SF)
Zoning code
SE
APN
094064 01900
UPID
US80-2703039
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
$1.99M
Owner & transaction history
Franklin Tn Alzheimers Invtrs · 9 yrs held
Franklin Tn Alzheimers Invtrs
since 2017
6 recorded transactions
Zoning & alternative use
SE · Franklin, 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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$56 / 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
$75,838
Tax year 2023
Assessed value
$2,786,920
Assessed 2023
Previous assessed
$2,786,920
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,106,560
Assessed improvement
$1,680,360
Land market value
$2,766,400
Improvement market value
$5,039,900
Total market value
$7,806,300
Applied tax rate
263.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2018
Heating
YES
Stories
1
Bathrooms
2
Total area
35,558 SF
Lot
5.32 ac (231,739 SF)
Zoning code
SE
APN
094064 01900
UPID
US80-2703039
Jurisdiction
WILLIAMSON
Zoning & alternative use
SE · Franklin, TNZoning SE · permitted uses
SE · Franklin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Franklin Zoning Ordinance
Building & site characteristics
From public records
Year built
2018
Heating
YES
Stories
1
Bathrooms
2
Lot
5.32 ac
Current owner
From public records · entity-resolved
Franklin Tn Alzheimers Invtrs
Individual
Mailing address
PO BOX 813, OOLTEWAH, TN 37363-0813
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2017
$1,400,000
Franklin Tn Alzheimers Invtrs
Harpeth Medical Investors LLC
Grant Deed
$5,600,000 · First Tn Bk
Aug 27, 2009
$698,500
Franklin Christian Academy
Franklin Community Church
Warranty Deed
$688,500 · Franklin Community Church Incorpora
Feb 27, 1995
—
Tomlinson Fort
—
Deed Of Trust
related
—
May 31, 1994
—
Fort Martha Kir Tomlinson
Unknown,
Grant Deed
$325,000 · Walter O Carlisle JR Etal
May 31, 1994
$425,000
Tomlinson Fort
Unknown
Grant Deed
—
—
—
Franklin Tn Alzheimers Invtrs
—
Deed Of Trust
related
$8,570,000 · Southeast Bk
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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