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Property profile & analytics
OFF-MARKET
Estimated value
$3,210,000
Super regional malls
2098 Wall St Spring Hill, TN 37174-4208
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-0527399
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2014
Total area
2,576 SF
Lot
0.73 ac (31,799 SF)
APN
094167 00423
UPID
US80-0527399
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
-
Dairy Queen Grill & Chill Restaurant Take-out & Catering
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
Dunkin' Bakery Discount Store
-
Chipotle Mexican Grill Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.21M
Owner & transaction history
Springchip LLC · 4 yrs held
Springchip LLC
since 2021
Last sale
$3.1M
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 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
$3,225,000
ML approach
$3,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.21M
Range $2.89M – $3.53M · ±10% · vs last sale $3.11M (Dec 29 2021)
Last sale anchor
$3.11M
Dec 29 2021
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
$1,246 / 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
$9,715
Tax year 2023
Assessed value
$378,160
Assessed 2023
Previous assessed
$378,160
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$200,760
Assessed improvement
$177,400
Land market value
$501,900
Improvement market value
$443,500
Total market value
$945,400
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Total area
2,576 SF
Lot
0.73 ac (31,799 SF)
APN
094167 00423
UPID
US80-0527399
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
2014
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Springchip LLC
Entity
Free & Clear · 4 yrs held
Mailing address
300 SE 5TH AVE APT #4100, BOCA RATON, FL 33432-5061
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
$3,114,307
Springchip LLC
D7 Spring Hill LLC
Special Warranty Deed
—
Oct 4, 2021
—
D7 Spring Hill LLC
D7 3 LLC
Intrafamily Transfer
related
—
Jan 16, 2019
—
D7 3 LLC
Frauenshuh Hospitality Group Of Tn
Quit Claim Deed
related
$70,000,000 · Wells Fargo Bank NA
Mar 23, 2017
—
Frauenshuh Hospitality Group & T
—
Deed
related
$78,000,000 · Lake Forest Bk&tr
Dec 22, 2009
$894,000
First Farmers & Merchants Bank
Graham William A
Trustees Deed
related
—
—
—
Frauenshuh Hospitality Group & T
—
Loan Modification
related
$38,828,831 · General Elec Cap
—
—
Frauenshuh Hospitality Group & T
—
Loan Modification
related
$78,000,000 · Lake Forest Bk&tr
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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