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Property profile & analytics
OFF-MARKET
Retail space
11679 Lebanon Rd Mount Juliet, TN 37122-2551
Individually Owned
14-yr Hold
Property ID
US80-1984268
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Total area
555 SF
Lot
83 ac (3,615,480 SF)
APN
054 00100
UPID
US80-1984268
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William T Searcy · 14 yrs held
William T Searcy
since 2011
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 Mount Juliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Juliet 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,889
Tax year 2023
Assessed value
$143,080
Assessed 2023
Previous assessed
$143,080
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$135,600
Assessed improvement
$7,480
Land market value
$339,000
Improvement market value
$18,700
Total market value
$357,700
Applied tax rate
95.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1938
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
0
Total area
555 SF
Lot
83 ac (3,615,480 SF)
APN
054 00100
UPID
US80-1984268
Jurisdiction
WILSON
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
1938
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
83 ac
Current owner
From public records · entity-resolved
William T Searcy
Individual
Mailing address
11677 LEBANON RDA, MOUNT JULIET, TN 37122-2551
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2011
—
William T Searcy
Searcy,larry O
Quit Claim Deed
related
—
Jul 25, 2007
$307,400
Tiara Development LLC
Sts Of Bac
Warranty Deed
—
Jun 10, 1999
$157,000
Brian Thomason
Hodges,leroy & P
Grant Deed
—
Oct 4, 1996
$7,000
Darryl E Searcy
—
Grant Deed
related
—
May 19, 1994
—
T Brown Ginger Mark
Unknown,
Grant Deed
$20,500 · First Bank & Trust
—
—
Phyllis M Searcy
—
Deed Of Trust
related
$130,000 · Wells Fargo Bank
—
—
Phyllis M Search
—
Deed Of Trust
related
$108,013 · Citifinancial Services INC
—
—
Phyllis M Searcy
—
Deed Of Trust
related
$103,065 · Citifinancial INC
—
—
Phyllis M Searcy
—
Deed Of Trust
related
$102,000 · Wells Fargo 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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