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Property profile & analytics
OFF-MARKET
Retail space
220 Monument Rd Summertown, TN 38483-7721
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-1144153
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD
Total area
7,168 SF
Lot
0.84 ac (36,590 SF)
APN
050007 03903
UPID
US80-1144153
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
-
Eagles Nest Daycare Daycare Center
-
Little Lambs Daycare Daycare Center
-
Gifts From the Heart Florist (Bike/Boat/Book/etc) Store Florist
-
Bailey & Co Boutique and Gifts Clothing & Fashion Store
-
Little Rea’s Boutique Clothing & Fashion Store
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
Steve Kilburn · 5 yrs held
Steve Kilburn
since 2021
Last sale
$180,000
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 Summertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summertown 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
$1,414
Tax year 2023
Assessed value
$70,320
Assessed 2023
Previous assessed
$70,320
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$5,320
Assessed improvement
$65,000
Land market value
$13,300
Improvement market value
$162,500
Total market value
$175,800
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2007
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
7,168 SF
Lot
0.84 ac (36,590 SF)
APN
050007 03903
UPID
US80-1144153
Jurisdiction
LAWRENCE
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
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
3
Lot
0.84 ac
Current owner
From public records · entity-resolved
Steve Kilburn
Individual
Free & Clear · 5 yrs held
Mailing address
571 WEAKLEY CRK RD, LAWRENCEBURG, TN 38464-6019
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
Steve Kilburn
—
Deed
related
$538,400 · Wayne County Bank
Mar 26, 2021
$180,000
Steve Kilburn
Wayne Wesson
Warranty Deed
—
Jan 27, 2020
$150,000
L Wayne Wesson
James
Warranty Deed
—
Mar 18, 2011
$15,000
James
Konig,larry
Warranty Deed
related
—
Aug 9, 2007
$200,000
Adam Konig
Konig,larry
Warranty Deed
related
$66,140 · Community First Bank
—
—
Adam Konig
—
Deed Of Trust
related
$71,961 · Community First Bank
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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