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Property profile & analytics
FOR LEASE
Retail space
201 E Market St Lebanon, TN 37087
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0392478
For Lease
1 / 10
$2,500/Mo
201 E Market St, Lebanon, TN 37087
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Total area
651 SF
Lot
65 ac (2,831,400 SF)
APN
068E B 01800
UPID
US80-0392478
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
-
E. Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chapman Team Properies LLC · 3 yrs held
Chapman Team Properies LLC
since 2022
Last sale
$175,000
6 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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$878
Tax year 2023
Assessed value
$30,360
Assessed 2023
Previous assessed
$30,360
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$13,000
Assessed improvement
$17,360
Land market value
$32,500
Improvement market value
$43,400
Total market value
$75,900
Applied tax rate
950.0000
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
For Lease
Year built
1926
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
0
Total area
651 SF
Lot
65 ac (2,831,400 SF)
APN
068E B 01800
UPID
US80-0392478
Jurisdiction
WILSON
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
1926
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
65 ac
Current owner
From public records · entity-resolved
Chapman Team Properies LLC
Entity
Mailing address
3632 SE TATER PEELER RD, LEBANON, TN 37090-0662
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2026
—
Chapman Team Properties LLC
—
Deed
related
$243,750 · First Financial Bank.
Sep 21, 2022
$175,000
Chapman Team Properies LLC
Stephen Manley Evangelistic Assn In
Warranty Deed
$144,715 · Cedarstone Bank
Sep 21, 2022
—
Stephen Manley Evangelistic Assn In
James R Irons
Quit Claim Deed
related
—
Mar 2, 2021
$68,000
Stephen Manley Evangelistic Assn In
James R Irons
Warranty Deed
—
Jun 17, 2005
$241,790
Gregory Smith
Taylor,charles E
Warranty Deed
$283,955 · Wilson Bank & Trust
Jul 6, 2000
$57,500
James R Irons
Wright,betty I
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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