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Property profile & analytics
OFF-MARKET
Estimated value
$5,350,000
Retail space
12912 Lebanon Rd 12898 Mount Juliet, TN 37122-2865
Trust Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0688781
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
FRAME
Total area
18,852 SF
Lot
1.79 ac (77,972 SF)
Zoning code
CG
APN
053K E 00200
UPID
US80-0688781
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
$5.35M
CAP Approach
CAP
$6.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.35M
Owner & transaction history
Andrew J Lineberry Living Trust · 1 yrs held
Andrew J Lineberry Living Trust
since 2024
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
CG · Mount Juliet, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.9M
+245.4%
Commercial (general)
$5.0M
+95.4%
Medical building
$4.8M
+86.9%
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
Method
Estimation
Statistic approach
$5,350,000
ML approach
$5,350,000
CAP Approach
CAP Return
Estimation
6%
$7,185,000
6.5%
$6,635,000
7%
$6,160,000
Alternative Use
Use
Estimation
RESTAURANT
$8,895,000
Change: +245% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,030,000
Change: +95% · Conversion: Easy
MEDICAL BUILDING
$4,815,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,685,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$5.35M
Range $4.82M – $5.89M · ±10% · vs last sale $5.35M (Dec 11 2024)
Last sale anchor
$5.35M
Dec 11 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
$284 / 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
$19,397
Tax year 2023
Assessed value
$960,760
Assessed 2023
Previous assessed
$960,760
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$179,360
Assessed improvement
$781,400
Land market value
$448,400
Improvement market value
$1,953,500
Total market value
$2,401,900
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
2007
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
6
Total area
18,852 SF
Lot
1.79 ac (77,972 SF)
Zoning code
CG
APN
053K E 00200
UPID
US80-0688781
Jurisdiction
WILSON
Zoning & alternative use
CG · Mount Juliet, TN
Zoning CG · permitted uses
CG · Mount Juliet, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Juliet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2007
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
1.79 ac
Current owner
From public records · entity-resolved
Andrew J Lineberry Living Trust
Trust
Mailing address
1003 QUILLEN WAY, LEBANON, TN 37087-2261
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2024
$5,350,000
Andrew J Lineberry Living Trust
Mt Juliet Commons LLC
Special Warranty Deed
$4,075,000 · First Freedom Bank
Aug 9, 2018
—
Mt Juliet Commons LLC
—
Trustees Deed
related
$4,500,000 · Peter A Schulert
Jun 1, 2010
—
Juliet Commons LP Mt
—
Trustees Deed
related
$180,000 · F & M Bank
Nov 20, 2009
—
Juliet Commons Mt
—
Trustees Deed
related
$238,926 · F & M Bank
Feb 20, 2007
—
Mt Juliet Commons LLC
Mt Juliet Commons
Quit Claim Deed
related
$1,500,000 · First Freedom Savings Bank
—
—
Juliet Commons LP Mt
—
Deed Of Trust
related
$167,088 · F & M Bank
—
—
Mt Juliet Commons LLC
—
Deed Of Trust
related
$2,275,000 · F & M Bank
—
—
Mt Juliet Commons LLC
—
Deed Of Trust
related
$1,100,000 · Peter Schulert
—
—
Juliet Commons Mt
—
Deed Of Trust
related
$2,670,000 · F & M 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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