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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Warehouses
1415 Heil Quaker Blvd La Vergne, TN 37086-3520
Entity Owned
5-yr Hold
Free & Clear
Property ID
US80-3204068
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1991
Total area
10,800 SF
Lot
1.51 ac (65,776 SF)
Zoning code
IR
APN
183-00-0-161-00
UPID
US80-3204068
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
by Request
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.13M
Owner & transaction history
Lolo Enterprises LLC · 5 yrs held
Lolo Enterprises LLC
since 2020
Last sale
$2.2M
4 recorded transactions
Zoning & alternative use
IR · La Vergne, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+68.3%
Office building
$3.0M
+64.2%
Neighborhood: shopping center
$2.8M
+52.1%
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 La Vergne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Vergne 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%
$1,795,000
6.5%
$1,655,000
7%
$1,540,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,810,000
Current use
MEDICAL BUILDING
$3,045,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$2,975,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,755,000
Change: +52% · Conversion: Moderate
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.20M (Dec 3 2020)
Last sale anchor
$2.20M
Dec 3 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
$197 / 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
$27,577
Tax year 2023
Assessed value
$847,480
Assessed 2023
Previous assessed
$847,480
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$90,600
Assessed improvement
$756,880
Land market value
$226,500
Improvement market value
$1,892,200
Total market value
$2,118,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
10,800 SF
Lot
1.51 ac (65,776 SF)
Zoning code
IR
APN
183-00-0-161-00
UPID
US80-3204068
Jurisdiction
DAVIDSON
Zoning & alternative use
IR · La Vergne, TN
Zoning IR · permitted uses
IR · La Vergne, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Vergne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$3.0M
OFFICE BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
1.51 ac
Current owner
From public records · entity-resolved
Lolo Enterprises LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1415 HEIL QUAKER BLVD, LA VERGNE, TN 37086-3520
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
$2,200,000
Lolo Enterprises LLC
Bonacres LLC
Warranty Deed
—
Jan 5, 2015
$1,315,000
Bonacres LLC
Mark A Cleveland
Warranty Deed
$1,000,000 · First Tennessee Bank NA
Jul 30, 2008
$1,130,000
Mark A Cleveland
Five Star Investments
Warranty Deed
—
Feb 20, 1991
$82,830
Five Star Investments Ltd
Unknown
Grant Deed
—
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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