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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Office Spaces
229 Ward Cir Ste A11 Brentwood, TN 37027-7518
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-3425642
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,322 SF
Lot
0.03 ac (1,307 SF)
APN
094011A A 00100C001
UPID
US80-3425642
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
-
Divine Rebel Wellness Program
-
Norman Hall & Associates Real Estate Agency
-
Shani Creations Co. Art Studio
-
Legendary Concrete Brentwood Construction Company General Contractor
-
Replenishing Me Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
James A Lyday · 3 yrs held
James A Lyday
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+58.9%
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 Brentwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brentwood 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
$1,335,000
ML approach
$1,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$760,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.08M (Sep 2 2022)
Last sale anchor
$1.08M
Sep 2 2022
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
$904 / 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
$2,754
Tax year 2023
Assessed value
$126,920
Assessed 2023
Previous assessed
$126,920
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$39,680
Assessed improvement
$87,240
Land market value
$99,200
Improvement market value
$218,100
Total market value
$317,300
Applied tax rate
86.0000
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
0
Total area
1,322 SF
Lot
0.03 ac (1,307 SF)
APN
094011A A 00100C001
UPID
US80-3425642
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$760,000
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.03 ac
Current owner
From public records · entity-resolved
James A Lyday
Individual
Mailing address
9008 ENGLISHWOOD CT, BRENTWOOD, TN 37027-8526
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
$1,075,000
James A Lyday
John Gary Shaver
Warranty Deed
$860,000 · Capstar Bank
Mar 3, 2011
$209,000
John G Shaver
Scotts LLC
Warranty Deed
—
Jan 2, 2004
$133,130
Scotts LLC
Perryman,billy K
Grant Deed
$112,000 · Premier Bank Of Brentwood
Sep 27, 1994
$120,000
John Gary Shaver
Unknown,
Grant Deed
—
Jun 10, 1994
$112,800
L Partners
Unknown
Grant Deed
—
Apr 6, 1994
$525,000
Ward Circle Partners
Unknown,
Grant Deed
—
Feb 8, 1994
$110,000
John Gary Shaver
Unknown,
Grant Deed
—
Aug 5, 1993
$100,000
John Gary Shaves
Unknown,
Grant Deed
—
Mar 12, 1993
$100,000
John Gary Shver
Unknown,
Grant Deed
—
Jan 18, 1993
$112,000
John Gary Shaver
Unknown,
Grant Deed
—
—
—
Scotts LLC
—
Deed Of Trust
related
$50,000 · Pinnacle National Bank
—
—
Billy K Perryman
—
Deed Of Trust
related
$435,000 · Capital Bank & Trust Co
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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