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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Retail space
102 Lumber Dr Franklin, TN 37064-3971
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-3299933
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
FRAME
Total area
13,791 SF
Lot
1.44 ac (62,726 SF)
APN
094090G E 00100
UPID
US80-3299933
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
-
Sleek Hair Co. Hair Salon
-
Koi Sushi & Thai Restaurant
-
4EVER Nails Spa Nail Salon
-
CMC Skincare LLC Spa & Massage Center Skin Care Clinic
-
PELUCHE BEAUTE PRESSBAR & NAILS Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.81M
Owner & transaction history
Blair J Wilson · 1 yrs held
Blair J Wilson
since 2025
Last sale
$2.9M
4 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 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
Method
Estimation
Statistic approach
$2,340,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
$3,830,000
6.5%
$3,535,000
7%
$3,285,000
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±10% · vs last sale $2.93M (May 8 2025)
Last sale anchor
$2.93M
May 8 2025
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
$204 / 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
$30,920
Tax year 2023
Assessed value
$1,136,280
Assessed 2023
Previous assessed
$1,136,280
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$456,440
Assessed improvement
$679,840
Land market value
$691,200
Improvement market value
$1,305,700
Total market value
$1,996,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
13,791 SF
Lot
1.44 ac (62,726 SF)
APN
094090G E 00100
UPID
US80-3299933
Jurisdiction
WILLIAMSON
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
2004
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
1.44 ac
Current owner
From public records · entity-resolved
Blair J Wilson
Individual
Free & Clear · 1 yrs held
Mailing address
104 WOODMONT BLVD STE #310, NASHVILLE, TN 37205-5244
Ownership since
2025
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
May 8, 2025
—
Blair J Wilson
Cherokee Lumber LLC
Quitclaim Deed
related
—
Apr 11, 2017
—
Cherokee Lumber LLC
Cherokee Equity Corp
Quit Claim Deed
related
—
Dec 20, 2016
$2,925,000
Cherokee Equity Corp
Village Place Ptshp
Warranty Deed
—
Apr 29, 2008
$2,850,000
Village Place Ptshp
Enzo Investment Group LLC
Warranty Deed
$2,380,000 · Regions Bank
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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