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Property profile & analytics
OFF-MARKET
Estimated value
$3,225,000
Hotels
1975-1977 Providence Pkwy Mount Juliet, TN 37122
Entity Owned
9-yr Hold
Free & Clear
Property ID
US80-2985363
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2020
Construction
WOOD
Total area
107,684 SF
Lot
4.45 ac (193,842 SF)
Zoning code
PUD
APN
096 00203
UPID
US80-2985363
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
by Request
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$3.23M
Owner & transaction history
Everest Property Holdings LLC · 9 yrs held
Everest Property Holdings LLC
since 2017
5 recorded transactions
Zoning & alternative use
PUD · Mount Juliet, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.9M
+143.3%
Medical building
$4.6M
+127.8%
Industrial (general)
$3.5M
+73.3%
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 Mount Juliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Juliet 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,015,000
Current use
AUTO REPAIR, GARAGE
$4,900,000
Change: +143% · Conversion: Difficult
MEDICAL BUILDING
$4,590,000
Change: +128% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,490,000
Change: +73% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,035,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$3.23M
Range $2.90M – $3.55M · ±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
$30 / 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
$142,173
Tax year 2023
Assessed value
$7,042,080
Assessed 2023
Previous assessed
$7,042,080
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,068,880
Assessed improvement
$5,973,200
Land market value
$2,672,200
Improvement market value
$14,933,000
Total market value
$17,605,200
Applied tax rate
95.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Stories
1
Total area
107,684 SF
Lot
4.45 ac (193,842 SF)
Zoning code
PUD
APN
096 00203
UPID
US80-2985363
Jurisdiction
WILSON
Zoning & alternative use
PUD · Mount Juliet, TN
Zoning PUD · permitted uses
PUD · Mount Juliet, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Juliet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.6M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
WAREHOUSE, STORAGE
Est. value
$3.0M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
2020
Construction
WOOD
Heating
NONE
Stories
1
Lot
4.45 ac
Current owner
From public records · entity-resolved
Everest Property Holdings LLC
Entity
Free & Clear · 9 yrs held
Mailing address
906 HARPETH VLY PL, NASHVILLE, TN 37221-1141
Ownership since
2017
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
Nov 12, 2019
—
Everest Hospitality LLC
—
Grant Deed
related
$19,105,000 · First Tn Bk
Mar 2, 2017
—
Everest Property Holdings LLC
Ah Johnson Family LLC
Quit Claim Deed
related
—
Jul 29, 2014
$2,027,300
Tdg Mt Juliet LLC
Ah Johnson Family LLC
Trustees Deed
$20,678,000 · First Tn Bk
Feb 11, 2008
$364,916
Kpcd LLC
Ah Johnson Family LLC
Grant Deed
—
Jan 19, 2001
—
A H Johnson
Johnson,william
Quit Claim Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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