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Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Retail space
1391 Hwy 96th N Fairview, TN 37062-8242
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0196729
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
9,020 SF
Lot
2.35 ac (102,366 SF)
APN
094018 02202
UPID
US80-0196729
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
$2.17M
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.91M
Owner & transaction history
Kerry Bullington · 5 yrs held
Kerry Bullington
since 2020
Last sale
$1.7M
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 Fairview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview 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
$2,190,000
ML approach
$2,170,000
CAP Approach
CAP Return
Estimation
6%
$2,505,000
6.5%
$2,315,000
7%
$2,150,000
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±10% · vs last sale $1.69M (Nov 13 2020)
Last sale anchor
$1.69M
Nov 13 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
$212 / 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
$18,240
Tax year 2023
Assessed value
$661,680
Assessed 2023
Previous assessed
$661,680
+0.0% YoY
Effective rate
2.76%
On assessed value
Assessed land
$158,720
Assessed improvement
$502,960
Land market value
$396,800
Improvement market value
$1,257,400
Total market value
$1,654,200
Applied tax rate
255.0000
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
2019
Heating
YES
Stories
1
Bathrooms
1
Total area
9,020 SF
Lot
2.35 ac (102,366 SF)
APN
094018 02202
UPID
US80-0196729
Jurisdiction
WILLIAMSON
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
2019
Heating
YES
Stories
1
Bathrooms
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Kerry Bullington
Individual
Mailing address
PO BOX 105, FRANKLIN, KY 42135-0105
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2020
$1,692,000
Kerry Bullington
Ludovici Building Twelve INC
Warranty Deed
$290,000 · Franklin Bank & Trust Co
May 31, 2019
$1,665,000
Ludovici Turner S Bldg Twelve
Turner,montgomery G SR
Grant Deed
—
Oct 30, 2018
$500,000
Montgomery G Turner SR.
Boulevard Investment Group LLC
Warranty Deed
—
Feb 7, 2017
—
Boulevard Investment Group LLC
—
Deed
related
—
Oct 9, 2008
$325,000
The Boulevard Investment Group LLC
Jimmy Hudgins
Warranty Deed
$260,000 · Traditions First Bank
Dec 5, 2007
—
Jimmy Hudgins
Hudgins,jimmy & Barbara
Quit Claim Deed
related
—
—
—
Boulevard Investment Group LLC
—
Loan Modification
related
—
—
—
Boulevard Investment Group LLC
—
Loan Modification
related
—
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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