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Property profile & analytics
OFF-MARKET
Estimated value
$6,020,000
Office Spaces
1624 Westgate Cir Brentwood, TN 37027-8053
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-3176521
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2000
Construction
STEEL FRAME
Total area
20,670 SF
Lot
2.28 ac (99,317 SF)
APN
094054A C 00700
UPID
US80-3176521
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
-
The Renfrew Center for Eating Disorders - Nashville, TN Eating Disorder Treatment Center
-
The Mark Lonsway Team Real Estate Agency
-
Tiffany Phillips, MA Physician
-
RE/MAX Fine Homes Real Estate Agency
-
Performance Therapy Institute Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.72M
CAP Approach
CAP
$4.30M
Comparable Approach
Comparable
$6.75M
Blend (final)
Blend
$6.02M
Owner & transaction history
Fk Properties General Partnership · 4 yrs held
Fk Properties General Partnership
since 2022
Last sale
$6.2M
5 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 Brentwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brentwood 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
$7,695,000
ML approach
$7,715,000
CAP Approach
CAP Return
Estimation
6%
$4,650,000
6.5%
$4,295,000
7%
$3,985,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,475,000
Current use
Blend value · Realmo final
$6.02M
Range $5.42M – $6.62M · ±10% · vs last sale $6.19M (Jun 30 2022)
Last sale anchor
$6.19M
Jun 30 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
$291 / 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
$38,849
Tax year 2023
Assessed value
$1,790,240
Assessed 2023
Previous assessed
$1,790,240
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$447,560
Assessed improvement
$1,342,680
Land market value
$1,643,300
Improvement market value
$88,400
Total market value
$1,731,700
Applied tax rate
86.0000
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
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
8
Total area
20,670 SF
Lot
2.28 ac (99,317 SF)
APN
094054A C 00700
UPID
US80-3176521
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.5M
COMMERCIAL (GENERAL) Current
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
2000
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
8
Lot
2.28 ac
Current owner
From public records · entity-resolved
Fk Properties General Partnership
Entity
Free & Clear · 4 yrs held
Mailing address
2325 SCOTTSVILLE RD, BOWLING GREEN, KY 42104-4107
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2022
$6,187,500
Fk Properties General Partnership
Ss Westgate LLC
Special Warranty Deed
—
Mar 27, 2019
$1,272,856
Stein,david M Trust
Westgate Commons Owners LLC
Grant Deed
—
Mar 27, 2019
$10,400,000
Ss Westgate LLC
Westgate Commons Owners LLC
Special Warranty Deed
related
$9,000,000 · Franklin Synergy Bank
Aug 26, 2008
$2,596,955
Pem Westgate 2 LLC
Pem Westgate S LLC
Grant Deed
—
Jul 11, 2008
$3,526,779
Pem Westgate S LLC
Garden 1 LLC
Grant Deed
$5,350,000 · Prudential Insurance Co
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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