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Property profile & analytics
OFF-MARKET
Estimated value
$9,455,000
Assisted living facilities
10540 Cedar Grv Rd Smyrna, TN 37167-6138
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1098419
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Construction
FRAME
Total area
57,104 SF
Lot
3.64 ac (158,558 SF)
Zoning code
C-2
APN
028-068.00-000
UPID
US80-1098419
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
-
The Pavilion Senior Living Smyrna Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.46M
Owner & transaction history
Smyrna Ths LLC · 3 yrs held
Smyrna Ths LLC
since 2023
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
C-2 · Smyrna, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.0M
+220.1%
Commercial (general)
$10.8M
+189.0%
Office building
$7.4M
+96.8%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$8,875,000
ML approach
$8,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$11,990,000
Change: +220% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,825,000
Change: +189% · Conversion: Difficult
OFFICE BUILDING
$7,370,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,595,000
Change: +76% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,985,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$5,930,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$9.46M
Range $8.51M – $10.40M · ±10% · vs last sale $10.00M (Jun 2 2023)
Last sale anchor
$10.00M
Jun 2 2023
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
$166 / 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
$64,456
Tax year 2023
Assessed value
$2,683,540
Assessed 2024
Previous assessed
$2,683,540
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$587,320
Assessed improvement
$2,096,220
Land market value
$1,468,300
Improvement market value
$5,240,550
Total market value
$6,708,850
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
2009
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Rooms
92
Bathrooms
83
Total area
57,104 SF
Lot
3.64 ac (158,558 SF)
Zoning code
C-2
APN
028-068.00-000
UPID
US80-1098419
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-2 · Smyrna, TN
Zoning C-2 · permitted uses
C-2 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$12.0M
COMMERCIAL (GENERAL)
Est. value
$10.8M
OFFICE BUILDING
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RETAIL STORES
Est. value
$5.9M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Rooms
92
Bathrooms
83
Lot
3.64 ac
Current owner
From public records · entity-resolved
Smyrna Ths LLC
Entity
Mailing address
680 10TH BLVD, LEBANON, TN 37087-1724
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Smyrna Ths LLC
—
Deed
related
$4,555,000 · First National Bank
Jun 2, 2023
$10,000,000
Smyrna Ths LLC
Emerald Group LLC
Warranty Deed
$2,750,000 · Emerald Group LLC
Nov 1, 2019
—
Emerald Group LLC
—
Grant Deed
related
$5,625,000 · Legends Bk
Apr 17, 2007
—
Emerald Group LLC
—
Deed Of Trust
related
$7,525,000 · Us Bank NA
Nov 3, 2006
$1,200,000
Emerald Group LLC
Parker & Parks Dev
Warranty Deed
$203,652 · Us Bank NA
Jan 27, 2003
$17,000
Town Of Smyrna
Parker & Parks D
Grant Deed
—
Dec 16, 2002
$756,618
Smyrna Medical Office Buil
Parker & Parks D
Grant Deed
—
—
—
Emerald Group LLC
—
Deed Of Trust
related
$8,357,520 · Us Bank NA
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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