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Property profile & analytics
FOR LEASE
Office Spaces
3000 Meridian Blvd Franklin, TN 37067
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-0085722
For Lease
1 / 2
$18,795,000
3000 Meridian Blvd, Franklin, TN 37067
View Listing →
Property profile
Verified
Property type
Office Spaces
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Concord Title Cool Springs Title Company
-
Michael K Pence Law Firm
-
Starnes Davis Florie LLP Law Firm
-
Derrick Cozart Team, First National Bank Mortgage Loan Service Bank
-
PICA Insurance Agency
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
Boyle 2555 Meridian Joint Venture · 1 yrs held
Boyle 2555 Meridian Joint Venture
since 2025
Last sale
$19.5M
3 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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$15,610,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,285,000
6.5%
$14,110,000
7%
$13,100,000
Blend value · Realmo final
$18.80M
Range $16.92M – $20.67M · ±10% · vs last sale $19.50M (Mar 26 2025)
Last sale anchor
$19.50M
Mar 26 2025
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
$148 / 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
$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
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
For Lease
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
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
2008
Heating
NONE
Stories
4
Lot
4.62 ac
Current owner
From public records · entity-resolved
Boyle 2555 Meridian Joint Venture
Entity
Mailing address
3000 MERIDIAN BLVD STE #400, FRANKLIN, TN 37067-9900
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
$19,500,000
Boyle 2555 Meridian Joint Venture
Proassurance Insurance Co Of Americ
Special Warranty Deed
$105,000 · The Northwest Mutual Life Insurance
Dec 13, 2017
—
Podiatry Insurance Co Of America
—
Deed
related
$22,610,000 · First Tennessee Bank NA
Jul 27, 2007
$3,700,000
Podiatry Ins Co Of America
Boyle 2000 Meridian
Grant Deed
—
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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