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Property profile & analytics
OFF-MARKET
Estimated value
$5,710,000
Drug stores
1301 Bell Rd, Antioch, TN 37013-3730
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0117690
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2002
Total area
15,510 SF
Lot
1.3 ac (56,628 SF)
Zoning code
CL
APN
162-00-0-285-00
UPID
US80-0117690
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$5.71M
Owner & transaction history
Snyder Properties III LLC · 4 yrs held
Snyder Properties III LLC
since 2022
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
CL · Antioch, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.7M
+17.4%
Auto repair, garage
$7.6M
+15.5%
Commercial (general)
$7.3M
+11.7%
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 Antioch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antioch 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
$5,665,000
ML approach
$5,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,570,000
Current use
RESTAURANT
$7,715,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,590,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,340,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$5.71M
Range $5.14M – $6.28M · ±10% · vs last sale $5.80M (May 3 2022)
Last sale anchor
$5.80M
May 3 2022
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
$368 / 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
$40,461
Tax year 2023
Assessed value
$1,243,425
Assessed 2023
Previous assessed
$1,800,000
-30.9% YoY
Effective rate
3.25%
On assessed value
Assessed land
$226,520
Assessed improvement
$1,016,905
Land market value
$566,300
Improvement market value
$2,542,262
Total market value
$3,108,562
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2002
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,510 SF
Lot
1.3 ac (56,628 SF)
Zoning code
CL
APN
162-00-0-285-00
UPID
US80-0117690
Jurisdiction
DAVIDSON
Zoning & alternative use
CL · Antioch, TN
Zoning CL · permitted uses
CL · Antioch, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Antioch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.6M
RESTAURANT
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$7.6M
COMMERCIAL (GENERAL)
Est. value
$7.3M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Snyder Properties III LLC
Entity
Mailing address
PO BOX 10921, MURFREESBORO, TN 37129-0019
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
$5,800,000
Snyder Properties III LLC
James H Benson
Special Warranty Deed
$4,640,000 · First Farmers & Merchants Bank
Aug 2, 2016
—
Snyder Properties III LLC
—
Deed
related
$4,674,181 · Old Second Nat'l Bk
Jun 9, 2016
$5,241,935
Snyder Properties III LLC
Sprit Wg Antioch Tn LLC
Special Warranty Deed
$4,226,110 · Old Second Bank
Apr 1, 2009
$4,753,927
Cole Wg Antioch Tn LLC
Cre Mill Crk Triple Net Holdin
Grant Deed
$4,425,000 · Lasalle National Bank
Mar 16, 2006
$5,000,000
Cre Mill Creek Triple Net Holdings
Mill Creek Associates Gp
Special Warranty Deed
$4,425,000 · Ubs Real Estate Investments INC
—
—
Spirit Wg Antioch Tn LLC
—
Loan Modification
related
$4,425,000 · Us Bank NA 2006-c4 (ce)
—
—
Snyder Properties III LLC
—
Loan Modification
related
$4,674,181 · Old Second Nat'l 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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