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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Turn key restaurants
4142 Old Hillsboro Rd Franklin, TN 37064-9581
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1565004
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,505 SF
Lot
1.29 ac (56,192 SF)
APN
094093E B 00200
UPID
US80-1565004
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
-
Leipers Fork Lawn Chair Theater Cinema Theater & Performing Art Venue
-
Puckett’s Grocery & Convenience Store Food Market
-
FOX & LOCKE Music Venue Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.02M
Blend (final)
Blend
$2.91M
Owner & transaction history
Fox & Locke LLC · 4 yrs held
Fox & Locke LLC
since 2021
Last sale
$2.5M
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
$3,375,000
ML approach
$3,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±10% · vs last sale $2.46M (Dec 3 2021)
Last sale anchor
$2.46M
Dec 3 2021
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
$645 / 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
$9,553
Tax year 2023
Assessed value
$508,160
Assessed 2023
Previous assessed
$508,160
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$340,000
Assessed improvement
$168,160
Land market value
$850,000
Improvement market value
$420,400
Total market value
$1,270,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
YES
Stories
1
Bathrooms
0
Total area
4,505 SF
Lot
1.29 ac (56,192 SF)
APN
094093E B 00200
UPID
US80-1565004
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.29 ac
Current owner
From public records · entity-resolved
Fox & Locke LLC
Entity
Mailing address
4295 OLD HILLSBORO RD, FRANKLIN, TN 37064-9585
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
$2,460,000
Fox & Locke LLC
Leipers 4142 LLC
Warranty Deed
$1,968,000 · Firstbank
Dec 29, 2011
$600,000
Leipers 4142 LLC
A Marshall Family Foods INC
Warranty Deed
$627,750 · Pinnacle National Bank
Jan 30, 1998
$200,000
A Marshall Family Foods In
A,marshall Famil
Grant Deed
related
—
May 22, 1989
$150,000
Mary E Stewart
Unknown
Grant Deed
—
—
—
Pucketts 5th & Church INC
—
Deed Of Trust
related
$790,000 · Community First Bank
—
—
Leipers 4142 LLC
—
Deed Of Trust
related
$537,075 · Private Individual
—
—
A Marshall Family Foods INC
—
Deed Of Trust
related
$300,000 · Franklin National Bank
—
—
A Marshall Family Foods INC
—
Deed Of Trust
related
$125,000 · Cumberland Bank
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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