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Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Retail space
2003 Wall St 39 Spring Hill, TN 37174-4209
Individually Owned
8-yr Hold
Free & Clear
Property ID
US80-1411541
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
FRAME
Total area
24,710 SF
Lot
2.76 ac (120,226 SF)
APN
094153 03021
UPID
US80-1411541
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
-
Grecian Family Restaurant and Bakery Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.97M
Owner & transaction history
Wall Street Retail Center · 8 yrs held
Wall Street Retail Center
since 2017
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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%
$6,865,000
6.5%
$6,335,000
7%
$5,885,000
Blend value · Realmo final
$4.97M
Range $4.47M – $5.46M · ±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
$201 / 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
$15,383
Tax year 2023
Assessed value
$2,081,560
Assessed 2023
Previous assessed
$2,081,560
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$624,480
Assessed improvement
$1,457,080
Land market value
$966,000
Improvement market value
$3,428,000
Total market value
$4,394,000
Applied tax rate
701.0000
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
2006
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
3
Total area
24,710 SF
Lot
2.76 ac (120,226 SF)
APN
094153 03021
UPID
US80-1411541
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
2.76 ac
Current owner
From public records · entity-resolved
Wall Street Retail Center
Individual
Free & Clear · 8 yrs held
Mailing address
1634 WEXFORD DR, MURFREESBORO, TN 37129-5846
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
Sep 25, 2017
—
Wall Street Retail Center
Reed,mary F
Quit Claim Deed
related
—
Feb 20, 2015
$2,600,000
Wall Street Retail Center|reed,charles E Etal
Reed Thomas L JR
Warranty Deed
related
—
Aug 30, 2012
—
Thomas L Reed JR.
Reed Family R/e Ptshp Three LP
Quit Claim Deed
related
—
Mar 16, 2006
—
Reed Family R/e Ptshp Three
Reed Family R/e Ptshp One
Quit Claim Deed
related
$3,400,000 · Amsouth Bank
Dec 28, 2004
—
Thomas L Reed III
Demumbrum,carol A
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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