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Property profile & analytics
OFF-MARKET
Estimated value
$3,440,000
Office Spaces
1113 Castle Hts Ave Lebanon, TN 37087-5640
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0920163
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
7,381 SF
Lot
0.67 ac (29,230 SF)
Zoning code
B3
APN
058 04508
UPID
US80-0920163
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
-
Jerry B. Young Construction, Inc. Construction Company
-
StepStone Family & Youth Services - Lebanon, Tennessee Foster Care Service Social Service Agency
-
RBI Telecommunications Service (Bike/Boat/Book/etc) Store
-
Rayes Auto Glass Co. Auto Repair Shop
-
SURGE Staffing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.44M
Owner & transaction history
Sdh Nashville LLC · 1 yrs held
Sdh Nashville LLC
since 2024
Last sale
$3.4M
6 recorded transactions
Zoning & alternative use
B3 · Lebanon, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+115.2%
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
$3,440,000
ML approach
$3,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,485,000
Change: +115% · Conversion: Difficult
Blend value · Realmo final
$3.44M
Range $3.10M – $3.78M · ±10% · vs last sale $3.44M (Dec 19 2024)
Last sale anchor
$3.44M
Dec 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
$466 / 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
$8,820
Tax year 2023
Assessed value
$305,000
Assessed 2023
Previous assessed
$305,000
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$60,240
Assessed improvement
$244,760
Land market value
$150,600
Improvement market value
$611,900
Total market value
$762,500
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
7,381 SF
Lot
0.67 ac (29,230 SF)
Zoning code
B3
APN
058 04508
UPID
US80-0920163
Jurisdiction
WILSON
Zoning & alternative use
B3 · Lebanon, TNZoning B3 · permitted uses
B3 · Lebanon, TN
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
RESTAURANT
Est. value
$3.5M
RESTAURANT
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
2006
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
0.67 ac
Current owner
From public records · entity-resolved
Sdh Nashville LLC
Entity
Mailing address
1168 SADDLE SPGS DR, THOMPSONS STATION, TN 37179-5375
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$3,440,700
Sdh Nashville LLC
Chn LLC
Warranty Deed
—
Jan 14, 2022
—
Marvin Glynn Blanton
Marvin Glynn Blanton
Intrafamily Transfer
related
—
Apr 2, 2018
$625,000
Marvin G Blanton
Ath Properties LLC
Warranty Deed
—
Apr 1, 2011
$115,000
Ath Properties LLC
Carey,cliff SR
Warranty Deed
—
May 19, 2009
—
Thomas M Hazelwood
Carey,cliff SR
Quit Claim Deed
related
—
—
—
Carey-bentley Properties
—
Deed Of Trust
related
$500,000 · First Freedom Savings Bank
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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