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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Office Spaces
203 Beasley Dr Franklin, TN 37064-3907
Entity Owned
~
Est. High Equity
Property ID
US80-1500826
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Total area
8,151 SF
Lot
1.33 ac (57,935 SF)
APN
094090G C 00801
UPID
US80-1500826
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
-
Food Stamps Social Service Agency Charitable Organization
-
Vocational Rehabilitation Services Social Service Agency
-
Adult Probation Probation Office
-
Human Service Department Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.39M
Owner & transaction history
203 Beasley Drive LLC
203 Beasley Drive LLC
since 2025
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
$1,610,000
ML approach
$1,880,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±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
$171 / 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
$17,071
Tax year 2023
Assessed value
$627,320
Assessed 2023
Previous assessed
$627,320
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$292,600
Assessed improvement
$334,720
Land market value
$731,500
Improvement market value
$836,800
Total market value
$1,568,300
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Heating
YES
Cooling
YES
Stories
1
Bathrooms
5
Total area
8,151 SF
Lot
1.33 ac (57,935 SF)
APN
094090G C 00801
UPID
US80-1500826
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
1989
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
5
Lot
1.33 ac
Current owner
From public records · entity-resolved
203 Beasley Drive LLC
Entity
Mailing address
212 OVERLOOK CIR STE #207, BRENTWOOD, TN 37027-5396
Ownership since
2025
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
Dec 1, 2025
—
203 Beasley Drive LLC
Richland South LLC
Special Warranty Deed
$1,100,000 · Hancock Whitney Bank
Jun 14, 2021
$1,300,000
Richaland South LLC
Charles Raines
Special Warranty Deed
—
Dec 5, 2016
—
Charles D Raines
—
Deed
related
$1,000,000 · Heritage Bank & Trust
Feb 19, 2010
—
Charles Raines
—
Trustees Deed
related
$450,000 · F & M Bank
Apr 14, 2005
—
State Of Tennessee
Anderson,loyd T
Grant Deed
related
—
Dec 29, 1992
$420,000
Loyd T Anderson
Unknown
Grant Deed
—
—
—
Charles Raines
—
Deed Of Trust
related
$515,625 · Franklin Synergy Bank
—
—
Charles Raines
—
Deed Of Trust
related
$405,335 · Loyd T Anderson
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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