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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Auto shops
310 College St Lebanon, TN 37087-3627
Entity Owned
Free & Clear
Property ID
US80-0851505
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1936
Total area
6,993 SF
Lot
3.23 ac (140,699 SF)
Zoning code
M2
APN
068L D 02800
UPID
US80-0851505
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
-
AMERICAN LOCATORS & RECOVERY Accounting Firm Loan Service
-
Big Lenny's Storage and Parking-Lebanon Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Checkerboard Sales Big Box & Wholesale Store Production Facility
-
GoodTaste Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$2.37M
Owner & transaction history
Big Lennys Storage Lebanon LLC
Big Lennys Storage Lebanon LLC
since 2025
Last sale
$2.9M
6 recorded transactions
Zoning & alternative use
M2 · Lebanon, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+141.2%
Medical building
$1.8M
+30.6%
Commercial (general)
$1.5M
+12.1%
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$2,365,000
ML approach
$2,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,300,000
Change: +141% · Conversion: Difficult
MEDICAL BUILDING
$1,785,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,535,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±10% · vs last sale $2.90M (Nov 9 2022)
Last sale anchor
$2.90M
Nov 9 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
$338 / 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
$7,934
Tax year 2023
Assessed value
$274,360
Assessed 2023
Previous assessed
$274,360
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$68,080
Assessed improvement
$206,280
Land market value
$170,200
Improvement market value
$515,700
Total market value
$685,900
Applied tax rate
950.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1936
Heating
YES
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
6,993 SF
Lot
3.23 ac (140,699 SF)
Zoning code
M2
APN
068L D 02800
UPID
US80-0851505
Jurisdiction
WILSON
Zoning & alternative use
M2 · Lebanon, TNZoning M2 · permitted uses
M2 · Lebanon, TN
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
RESTAURANT
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1936
Heating
YES
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
3.23 ac
Current owner
From public records · entity-resolved
Big Lennys Storage Lebanon LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5485 MT VERNON PKWY, ATLANTA, GA 30327-4751
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Big Lennys Storage Lebanon LLC
Big Lennys Storage Lebanon 1 LLC
Deed
related
—
Nov 9, 2022
$2,900,000
Big Lennys Storage Lebanon 1 LLC
Re Land Tn I LLC
Warranty Deed
—
Jun 22, 2021
$1,300,000
Re Land Tn 1 INC
Twyla Jean Martin
Warranty Deed
$1,040,000 · Liberty State Bank
Oct 21, 2019
—
Twyla J Martin
Stone Carolyn W Trust
Quit Claim Deed
related
—
Feb 28, 2008
—
Stone Carolyn W Trust
Stone Carolyn W Trust
Quit Claim Deed
related
—
Jun 27, 2007
—
Stone Carolyn W Trust
Stone,carolyn W
Quit Claim Deed
related
—
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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