Individually Owned Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2017
Construction
FRAME
Total area
13,914 SF
Zoning code
SP
APN
057 00811
UPID
US80-2995902
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.74M
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$530k
Owner & transaction history
Zoning & alternative use
SP · Lebanon, TN
Zoning description
14.404. SP - Specific Plan Districts 14.405. SHO - South Hartmann Overlay District 14.406. IFO - Infill Overlay District Chapter 5 - Design Standards 14.501. Intent 14.502. Applicability 14.503. Supplemental Bulk Regulat…
General category
PLANNED_DEVELOPMENT
Top alternative use upside
Medical building
$3.6M
+16.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$530k
Value range
$477k – $583k
±10% around blend
Estimated value / SF
$38 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$477k
blend $530k
$583k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,914 SF
Year built
2017
Stories
1
APN
057 00811
Zoning
SP
Assessed value
$734,840
Annual tax
$21,249
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.74M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.97M
@ 6.5% CAP return
$2.74M
@ 7% CAP return
$2.54M
4
Sales comparison
Partial preview
Sales approach indication
$2.88M
Range $767k – $2.88M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$530k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 45 sales
$219
-83%
Submarket 69 sales
$283
-87%
County 97 sales
$237
-84%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $38/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+16%
vs current-use indication
Commercial (general) · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$735k
Move the market yield to see immediate price impact.
Value / SF
$53
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$46k
$926k
$661k
$514k
$51k
$1.03M
$735k
$572k
$57k
$1.13M
$808k
$629k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,249
Tax year 2023
Assessed value
$734,840
Assessed 2023
Previous assessed
$734,840
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$51,200
Assessed improvement
$683,640
Land market value
$128,000
Improvement market value
$1,709,100
Total market value
$1,837,100
Applied tax rate
950.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
NONE
Stories
1
Total area
13,914 SF
Zoning code
SP
APN
057 00811
UPID
US80-2995902
Jurisdiction
WILSON
Zoning & alternative use
SP · Lebanon, TNZoning SP · permitted uses
SP · Lebanon, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
14.404. SP - Specific Plan Districts 14.405. SHO - South Hartmann Overlay District 14.406. IFO - Infill Overlay District Chapter 5 - Design Standards 14.501. Intent 14.502. Applicability 14.503. Supplemental Bulk Regulat…
General category
PLANNED_DEVELOPMENT
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
FRAME
Heating
NONE
Stories
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
SP
PLANNED_DEVELOPMENT
Jurisdiction
Lebanon, TN
Recorded code
SP
Official district
SP
Official district profile
What the municipal code says about SP
Zoning description
14.404. SP - Specific Plan Districts 14.405. SHO - South Hartmann Overlay District 14.406. IFO - Infill Overlay District Chapter 5 - Design Standards 14.501. Intent 14.502. Applicability 14.503. Supplemental Bulk Regulat…
General category
PLANNED_DEVELOPMENT
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SP in Lebanon, TN.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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