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Property profile & analytics
OFF-MARKET
Estimated value
$5,355,000
Grocery and convenience stores
1566 Mcewen Dr, Franklin, TN 37067-1732
Individually Owned
12-yr Hold
Free & Clear
Property ID
US80-0512090
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2010
Total area
21,255 SF
Lot
3.61 ac (157,252 SF)
APN
094062 02114
UPID
US80-0512090
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
-
Amazon Locker - Mcewen Postal Service Courier Service
-
Amazon Counter at Whole Foods Market Courier Service Postal Service
-
Whole Foods Market Grocery & Convenience Store Food Market
-
1799 and Vine Restaurant
-
WFM Coffee Bar Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.36M
Owner & transaction history
T-c Southside Of Mcewen Retail Ll · 12 yrs held
T-c Southside Of Mcewen Retail Ll
since 2014
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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%
$5,905,000
6.5%
$5,450,000
7%
$5,060,000
Blend value · Realmo final
$5.36M
Range $4.82M – $5.89M · ±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
$252 / 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
$56,848
Tax year 2023
Assessed value
$2,636,600
Assessed 2023
Previous assessed
$2,636,600
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$1,371,800
Assessed improvement
$1,264,800
Land market value
$3,429,500
Improvement market value
$3,162,000
Total market value
$6,591,500
Applied tax rate
263.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2010
Heating
NONE
Stories
1
Total area
21,255 SF
Lot
3.61 ac (157,252 SF)
APN
094062 02114
UPID
US80-0512090
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
2010
Heating
NONE
Stories
1
Lot
3.61 ac
Current owner
From public records · entity-resolved
T-c Southside Of Mcewen Retail Ll
Individual
Free & Clear · 12 yrs held
Mailing address
300 GALLERIA PKWY SE, ATLANTA, GA 30339-3153
Ownership since
2014
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
Jun 23, 2014
$17,122,293
T-c Southside Of Mcewen Retail Ll
Agl Of Slc Mcewen No 3 LLC
Grant Deed
—
Feb 4, 2010
—
Agl/slc Mcewen #3 LLC
Slc Mallory Land Holdings LLC
Quit Claim Deed
related
$7,420,000 · Us Bank NA
Aug 22, 2008
—
Agl Of Slc Mcewen No 3 LLC
—
Trustees Deed
related
$2,850,000 · Bancorp South Bank
Mar 24, 2008
—
Slc Mcewen Land Holdings LLC
Slc Mallory Land Holdings LLC
Quit Claim Deed
related
$30,000 · Regions Bank
Feb 8, 2008
$4,386,625
Agl Of Slc Mcewen No 3 LLC
Slc Mallory Land Holdings LLC
Grant Deed
—
Dec 28, 2007
—
Slc Mcewen Land Holdings LLC
Slc Mallory Land Holdings LLC
Quit Claim Deed
related
—
Sep 19, 2005
—
Slc Mallory Land Holdings LLC
Southern Land Co LLC
Quit Claim Deed
related
$2,000,000 · Bancorpsouth
Mar 18, 2005
$50,300
City Of Franklin
Kuhlo,ernest C & Patricia O
Warranty 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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