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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Assisted living facilities
1101 Glenoaks Rd Shelbyville, TN 37160-2529
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-2032157
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1978
Total area
37,340 SF
Lot
5.52 ac (240,451 SF)
APN
002078G D 01000
UPID
US80-2032157
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
-
Vanguard Healthcare Retirement Community Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Momentum III LLC · 1 yrs held
Momentum III LLC
since 2024
Last sale
$2.6M
7 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 Shelbyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelbyville 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
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,840,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,595,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$3,575,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,085,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,850,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,620,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,770,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Sep 19 2024)
Last sale anchor
$2.60M
Sep 19 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
$70 / 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
Property tax & assessments
Assessed value
$1,394,000
Assessed 2023
Previous assessed
$1,653,240
-15.7% YoY
Assessed land
$40,800
Assessed improvement
$1,353,200
Land market value
$102,000
Improvement market value
$3,383,000
Total market value
$3,485,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
1
Bathrooms
35
Total area
37,340 SF
Lot
5.52 ac (240,451 SF)
APN
002078G D 01000
UPID
US80-2032157
Jurisdiction
BEDFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.6M
RETAIL STORES
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RESTAURANT
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
WAREHOUSE, STORAGE
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
1978
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
35
Lot
5.52 ac
Current owner
From public records · entity-resolved
Momentum III LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3410 DUNDEE RD #215, NORTHBROOK, IL 60062-2351
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2024
$5,000,000
Momentum III LLC
Boulevard Terrace Snf Realty LLC
Trustees Deed
related
—
Nov 13, 2019
$2,600,000
Glen Oaks Snf Realty LLC
Gmj LLP
Trustees Deed
$11,100,000 · Greystone Svcg
Feb 15, 2018
—
Gmj LLP
—
Loan Modification
related
$45,459,555 · Other Institutional Lenders
Jan 3, 2013
—
Gmj Ltd Liability Ptshp
—
Deed Of Trust
related
$86,455,000 · General Electric Capital Corp
Nov 13, 2012
—
Gmj Ltd Liability Ptshp LP
—
Deed Of Trust
related
$64,955,000 · General Electric Capital Corp
Jul 3, 2007
$5,075,000
Gmj LLP
Glen Oaks Enterprises LLC
Warranty Deed
$3,300,000 · Pinnacle National Bank
Apr 8, 1999
—
Glen Oaks Convalescent Ctr
Walker,joe T & E
Grant Deed
related
—
May 25, 1994
—
Joe And Walker
Unknown,
Grant Deed
$150,000 · Nationsbank Of Tennessee 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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