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Property profile & analytics
OFF-MARKET
Estimated value
$13,400,000
Retail space
1037 Main St 1027, Lebanon, TN 37087-3355
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-2615581
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,420 SF
Lot
16.5 ac (718,740 SF)
APN
058O C 04100
UPID
US80-2615581
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
-
Davis Dentistry of Lebanon Dental Office
-
Dr. Peter T. Gardner, MD Pediatrician Physician
-
Livingston Chiropractic Clinic Alternative Medicine Practice
-
EPI Electric Electrical Service General Contractor
-
Dr. Ann Maggio Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.40M
Owner & transaction history
Bza Cedar Crest Spe LLC · 1 yrs held
Bza Cedar Crest Spe LLC
since 2024
Last sale
$13.4M
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$13,400,000
ML approach
$13,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.40M
Range $12.06M – $14.74M · ±10% · vs last sale $13.40M (Oct 31 2024)
Last sale anchor
$13.40M
Oct 31 2024
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
$1,423 / 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
$83,763
Tax year 2023
Assessed value
$2,896,680
Assessed 2023
Previous assessed
$2,896,680
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$668,600
Assessed improvement
$2,228,080
Land market value
$1,671,500
Improvement market value
$5,570,200
Total market value
$7,241,700
Applied tax rate
950.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Units
1
Bathrooms
28
Total area
9,420 SF
Lot
16.5 ac (718,740 SF)
APN
058O C 04100
UPID
US80-2615581
Jurisdiction
WILSON
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Units
1
Bathrooms
28
Lot
16.5 ac
Current owner
From public records · entity-resolved
Bza Cedar Crest Spe LLC
Entity
Free & Clear · 1 yrs held
Mailing address
162 N MAIN ST STE #5, FLORIDA, NY 10921-1049
Ownership since
2024
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 31, 2024
$13,400,000
Bza Cedar Crest Spe LLC
Bvc Cedar Crest Spe LLC
Special Warranty Deed
—
Jun 24, 2019
—
Bvc Cedar Crest Spe LLC
Bvc Cedar Crest LLC
Quit Claim Deed
related
—
Feb 12, 2018
$400,000
Memphis Checkers LLC
Bvc Cedar Crest LLC
Grant Deed
—
Jun 14, 2004
—
Lebanon Shopping Center Gp
Bvt Lebanon Shopping Center
Quit Claim Deed
related
$4,925,000 · National Bk/commerce
Jun 14, 2004
$4,317,275
Lebanon Shopping Center Gp
Bvt Lebanon Shopping Center
Grant Deed
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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