Back to Search
Property profile & analytics
FOR LEASE
Office Spaces
377 Riverside Dr Franklin, TN 37064
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-1855871
For Lease
1 / 2
Contact for pricing
377 Riverside Dr, Franklin, TN 37064
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Total area
53,905 SF
Lot
4.78 ac (208,217 SF)
APN
094079 10102
UPID
US80-1855871
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
-
Erika B. Coppen, LPC-MHSP: Thrive Mental Health Services Counselor Mental Health Service
-
Tiffany T Bird Spiritual Direction & Life Coaching Life Coach
-
Nashville Realty Group Real Estate Agency
-
Whitestone Healthcare Employment Agency
-
Blueprint Integrative Mental Health, LLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.93M
Blend (final)
Blend
$10.85M
Owner & transaction history
Ecg Franklin LP · 7 yrs held
Ecg Franklin LP
since 2018
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.85M
Range $9.77M – $11.94M · ±10%
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
$201 / 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
$160,200
Tax year 2023
Assessed value
$5,887,080
Assessed 2023
Previous assessed
$5,887,080
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,471,760
Assessed improvement
$4,415,320
Land market value
$1,720,800
Improvement market value
$365,300
Total market value
$2,086,100
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
1985
Heating
YES
Cooling
YES
Buildings
2
Stories
4
Bathrooms
39
Total area
53,905 SF
Lot
4.78 ac (208,217 SF)
APN
094079 10102
UPID
US80-1855871
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
1985
Heating
YES
Cooling
Yes
Stories
4
Buildings
2
Bathrooms
39
Lot
4.78 ac
Current owner
From public records · entity-resolved
Ecg Franklin LP
Entity
Mailing address
118 16TH AVE S STE #200, NASHVILLE, TN 37203-3135
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2018
$13,100,000
Ecg Franklin LP
Lin Don Realty LLC
Grant Deed
$9,600,000 · Miscellaneous Ins Co
Nov 2, 2018
—
Ecg Franklin LP
Lin Don Realty LLC
Quit Claim Deed
related
—
Oct 6, 2014
—
Lin Don Realty LLC
—
Grant Deed
related
$12,600,000 · Barclays Bk/plc
Dec 6, 2004
—
Lin Don Realty LLC
—
Deed Of Trust
related
$14,000,000 · Greenwich Capital Fin'l INC
Dec 19, 1991
$2,000,000
Ucg Energy Corp
Unknown
Grant Deed
—
Sep 4, 1991
$2,100,000
Commerce Trading Corp
Unknown,
Grant Deed
—
Dec 4, 1989
$3,500,000
Franklin American Corp
Unknown,
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
