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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Commercial real estate
111 Glendale Dr, La Vergne, TN 37086-2906
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3086939
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1952
Construction
FRAME
Total area
1,416 SF
Lot
0.33 ac (14,331 SF)
APN
018A-A-014.00-000
UPID
US80-3086939
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
-
Discovery Zone Learning Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Azer Mokbel Rezk · 3 yrs held
Azer Mokbel Rezk
since 2023
Last sale
$1.3M
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 La Vergne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Vergne 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
$1,155,000
ML approach
$1,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.30M (Feb 2 2023)
Last sale anchor
$1.30M
Feb 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
$890 / 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
$1,696
Tax year 2023
Assessed value
$70,280
Assessed 2024
Previous assessed
$70,280
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$26,600
Assessed improvement
$43,680
Land market value
$66,500
Improvement market value
$109,200
Total market value
$175,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1952
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,416 SF
Lot
0.33 ac (14,331 SF)
APN
018A-A-014.00-000
UPID
US80-3086939
Jurisdiction
RUTHERFORD
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
1952
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Azer Mokbel Rezk
Individual
Mailing address
2009 KEATON DR, LA VERGNE, TN 37086-2450
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2023
$1,300,000
Azer Mokbel Rezk
Sam Ghali
Warranty Deed
—
Aug 27, 2021
$979,000
Sam Ghali
Dawn Bogic
Warranty Deed
—
Aug 7, 2018
$850,000
Bogic,dawn L Trust
Shams Properties LLC
Grant Deed
—
Mar 27, 2018
—
Shams Properties LLC
—
Deed
related
$880,000 · Liberty St Bk
Sep 25, 2012
—
Shams Properties LLC
—
Grant Deed
related
$3,660,000 · Wilson Bank & Trust
May 20, 2009
—
Shams Properties LLC
Shams,mohammad R
Quit Claim Deed
related
—
Apr 4, 2005
$725,000
Mohammad R Shams
Tomlin,tim L
Warranty Deed
$580,000 · Liberty State Bank
Nov 16, 2001
$51,000
Tim Tomlin
Reed,era K
Grant Deed
—
—
—
Mohammad Shams
—
Deed Of Trust
related
$995,261 · Liberty State Bank
—
—
Shams Properties LLC
—
Deed Of Trust
related
$880,000 · Liberty St Bk
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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