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Property profile & analytics
FOR LEASE
Office Spaces
131 Saundersville Rd Hendersonville, TN 37075
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-1490906
For Lease
1 / 2
$10,815,000
131 Saundersville Rd, Hendersonville, TN 37075
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
50,142 SF
Lot
2.37 ac (103,237 SF)
APN
083145 07900
UPID
US80-1490906
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
-
Sonja Kelly Real Estate Agency
-
Suntrust Mortgage Loan Service Bank
-
Leidos Engineering Consultant
-
Angela Neely, Broker, REALTOR®, Benchmark Realty, LLC Real Estate Agency
-
Andy L Allman - Atty Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.38M
Comparable Approach
Comparable
$7.28M
Blend (final)
Blend
$10.82M
Owner & transaction history
Realco-tn LLC · 7 yrs held
Realco-tn LLC
since 2018
4 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,155,000
6.5%
$9,375,000
7%
$8,705,000
Blend value · Realmo final
$10.82M
Range $9.73M – $11.90M · ±10%
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
$216 / 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
$88,642
Tax year 2023
Assessed value
$2,753,520
Assessed 2023
Previous assessed
$2,753,520
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$356,040
Assessed improvement
$2,397,480
Land market value
$890,100
Improvement market value
$5,993,700
Total market value
$6,883,800
Applied tax rate
83.0000
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
For Lease
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
15
Total area
50,142 SF
Lot
2.37 ac (103,237 SF)
APN
083145 07900
UPID
US80-1490906
Jurisdiction
SUMNER
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
15
Lot
2.37 ac
Current owner
From public records · entity-resolved
Realco-tn LLC
Entity
Free & Clear · 7 yrs held
Mailing address
194 SUMMERS ST, CHARLESTON, WV 25301-2132
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2021
—
Leslie A Johnson
—
Deed
related
$267,000 · Loandepot.com LLC
Sep 18, 2018
—
Realco-tn LLC
Gasco Real Estate Holdings LLC
Quit Claim Deed
related
—
Aug 23, 2013
$7,557,000
Gasco Real Estate Holdings LLC
Ilv Holdings 1 LLC
Grant Deed
—
Aug 4, 2009
$450,000
Kept Enterprises LLC
Ilv Holdings I LLC
Special Warranty Deed
$1,663,819 · Us Bank NA
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.
Try Rey
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