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Property profile & analytics
FOR SALE
Auto shops
1229 Hartmann Dr Lebanon, TN 37090-4108
Individually Owned
6-yr Hold
Free & Clear
Property ID
US80-2133585
For Sale
Contact for pricing
1229 Hartmann Dr, Lebanon, TN 37090-4108
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2021
Total area
8,140 SF
Lot
2.04 ac (88,862 SF)
Zoning code
B4
APN
081 08614
UPID
US80-2133585
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
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$195k
Owner & transaction history
Mark Wilson · 6 yrs held
Mark Wilson
since 2020
Last sale
$270,000
7 recorded transactions
Zoning & alternative use
B4 · Lebanon, TN
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 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
$195,000
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$195k
Range $176k – $215k · ±10% · vs last sale $270k (Mar 16 2020)
Last sale anchor
$270k
Mar 16 2020
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
$24 / 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
$11,672
Tax year 2023
Assessed value
$403,640
Assessed 2023
Previous assessed
$403,640
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$160,000
Assessed improvement
$243,640
Land market value
$400,000
Improvement market value
$609,100
Total market value
$1,009,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
2021
Heating
NONE
Stories
1
Total area
8,140 SF
Lot
2.04 ac (88,862 SF)
Zoning code
B4
APN
081 08614
UPID
US80-2133585
Jurisdiction
WILSON
Zoning & alternative use
B4 · Lebanon, TNZoning B4 · permitted uses
B4 · Lebanon, TN
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
2021
Heating
NONE
Stories
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Mark Wilson
Individual
Free & Clear · 6 yrs held
Mailing address
5040 CHICKEN RD, LEBANON, TN 37090-7616
Ownership since
2020
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
Jun 21, 2021
—
Mark Wilson
—
Deed
related
$650,000 · First Freedom Bank
Mar 16, 2020
$270,000
Mark Wilson
Jonathan G Dugdale
Warranty Deed
—
Jun 3, 2015
—
John Lancaster
Dugdale,jonathan G
Quit Claim Deed
related
—
Feb 11, 2014
—
Jonathan G Dugdale
Lancaster,john
Quit Claim Deed
related
$372,774 · Banktennessee
Oct 1, 2012
—
Johnathan G Dugdale
—
Trustees Deed
related
$45,600 · Farmers & Merchants Bk & Tr
—
—
Johnathan G Dugdale
—
Loan Modification
related
—
—
—
Dugdale,jonathan G
—
Deed Of Trust
related
$364,000 · Wilson Bk&tr
—
—
Jonathan G Dugdale
—
Deed Of Trust
related
—
—
—
Mark L Wilson
—
Deed Of Trust
related
$220,601 · Banktennessee
—
—
Johnathan G Dugdale
—
Deed Of Trust
related
$727,002 · Farmers & Merchants Bk & Tr
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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