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Property profile & analytics
OFF-MARKET
Estimated value
$4,295,000
Specialty properties
2901 Old Franklin Rd Antioch, TN 37013-5088
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2734814
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Construction
FRAME
Total area
5,951 SF
Lot
18.24 ac (794,534 SF)
Zoning code
RM20
APN
163-00-0-416-00
UPID
US80-2734814
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
-
Smoov Cookin Restaurant
-
Waterleaf at Old Franklin Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.30M
Owner & transaction history
Waterleaf Tn LLC · 4 yrs held
Waterleaf Tn LLC
since 2022
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
RM20 · Antioch, TN
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 Antioch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antioch 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
$4,300,000
ML approach
$4,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.30M
Range $3.87M – $4.72M · ±10% · vs last sale $4.40M (Jun 28 2022)
Last sale anchor
$4.40M
Jun 28 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
$722 / 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
$824,013
Tax year 2023
Assessed value
$25,323,080
Assessed 2023
Previous assessed
$23,859,200
+6.1% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,397,760
Assessed improvement
$23,925,320
Land market value
$3,494,400
Improvement market value
$59,813,300
Total market value
$63,307,700
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Construction
FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
11
Stories
1
Total area
5,951 SF
Lot
18.24 ac (794,534 SF)
Zoning code
RM20
APN
163-00-0-416-00
UPID
US80-2734814
Jurisdiction
DAVIDSON
Zoning & alternative use
RM20 · Antioch, TN
Zoning RM20 · permitted uses
RM20 · Antioch, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Antioch. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
11
Lot
18.24 ac
Current owner
From public records · entity-resolved
Waterleaf Tn LLC
Entity
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
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
Jun 28, 2022
—
Waterleaf Tn LLC
Waterleaf At Antioch Apartments LLC
Quit Claim Deed
related
$64,000,000 · Brighthouse Financial
Jan 14, 2020
—
Waterleaf At Antioch Apts LLC
Fr3 LLC
Quit Claim Deed
related
—
Jan 14, 2020
$4,400,000
Waterleaf At Antioch Apartments LLC
Fr3 LLC
Special Warranty Deed
$39,135,000 · Cibc Bank USA
Aug 1, 2011
$3,134,186
Freeland Realty 3 LLC
Crews Crossings LLC
Grant Deed
—
Sep 25, 2009
—
Crews Crossing LLC
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Fr3 LLC
—
Deed Of Trust
related
$10,000 · Firstbank
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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