Entity Owned Property summary
AI-generated overview
Meridian Cool Springs is a 60-acre mixed-use development in the Cool Springs area of Franklin, Tennessee. The project includes approximately 900,000 square feet of office space and more than 90,000 square feet of retail and restaurant space, along with three on-site hotels, arranged on a pedestrian-oriented campus with tree-lined streets and multiple walkable connections between offices, retail, restaurants, and hotels. The development is positioned near interstate access points and is about one-half mile from Cool Springs Galleria. On-site amenities include a fitness center and mail services, and the office suites are configured with tenant-specific security card access, full-height windows in each suite, on-site staff presence, and extensive landscaping. The campus includes shared outdoor space, including a prominent green space area open to all, supporting a walkable work-and-lifestyle environment with nearby apartments located about one to two blocks away.
Property profile
Verified
Property type
Other office properties
Use group
OFFICE (GENERAL)
Year built
2008
Total area
126,577 SF
Lot
4.62 ac (201,247 SF)
APN
094053 14308
UPID
US80-0085722
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Title Company
-
Law Firm
-
Law Firm
-
Loan Service Bank
-
Insurance Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.11M
Comparable Approach
Comparable
$25.25M
Blend (final)
Blend
$18.80M
Owner & transaction history
since 2025
Last sale
$19.5M
3 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$18.80M
Value range
$16.92M – $20.67M
±10% around blend
Estimated value / SF
$148 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$16.92M
blend $18.80M
$20.67M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
126,577 SF
Lot area
4.62 ac
Year built
2008
Stories
4
APN
094053 14308
Assessed value
$11,263,240
Annual tax
$242,847
3
Income approach: direct capitalization
Partial preview
Income approach indication
$14.11M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$15.29M
@ 6.5% CAP return
$14.11M
@ 7% CAP return
$13.10M
4
Sales comparison
Partial preview
Sales approach indication
$25.25M
Range $18.42M – $40.82M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$18.80M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 96 sales
$370
-60%
Submarket 165 sales
$405
-63%
County 263 sales
$390
-62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $148/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.90%
Implied, in-place cap rate for this other office properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.90%
9.0%
NOI (est.)
$1.37M *
Last sale · Mar 2025
$19.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$23.14M
Move the market yield to see immediate price impact.
Value / SF
$183
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.40%5.90%6.40%
$1.23M
$22.75M
$20.82M
$19.20M
$1.37M
$25.28M
$23.14M
$21.33M
$1.50M
$27.81M
$25.45M
$23.46M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$242,847
Tax year 2023
Assessed value
$11,263,240
Assessed 2023
Previous assessed
$11,263,240
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$2,815,800
Assessed improvement
$8,447,440
Land market value
$2,552,600
Improvement market value
$526,300
Total market value
$3,078,900
Applied tax rate
263.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Stories
4
Total area
126,577 SF
Lot
4.62 ac (201,247 SF)
APN
094053 14308
UPID
US80-0085722
Jurisdiction
WILLIAMSON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
4
Lot
4.62 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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