Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office Spaces
427 Park Ave Lebanon, TN 37087-3630
Individually Owned
Absentee Owner
Free & Clear
Property ID
US80-3509453
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2003
Total area
3,600 SF
Lot
84 ac (3,659,040 SF)
APN
067I B 01100
UPID
US80-3509453
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
-
Crockett Surveying Land Surveyor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$700k
Owner & transaction history
Allan Foutch
Allan Foutch
since 2026
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$920,000
+16.5%
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$710,000
7%
$655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$790,000
Current use
MEDICAL BUILDING
$920,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$705,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Sep 19 2024)
Last sale anchor
$700k
Sep 19 2024
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
$194 / 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
$3,391
Tax year 2023
Assessed value
$117,280
Assessed 2023
Previous assessed
$117,280
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$23,520
Assessed improvement
$93,760
Land market value
$58,800
Improvement market value
$234,400
Total market value
$293,200
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2003
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
0
Total area
3,600 SF
Lot
84 ac (3,659,040 SF)
APN
067I B 01100
UPID
US80-3509453
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
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
COMMERCIAL (GENERAL) Current
Est. value
$790,000
MEDICAL BUILDING
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$705,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2003
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
84 ac
Current owner
From public records · entity-resolved
Allan Foutch
Individual
Free & Clear · 0 yrs held
Mailing address
5904 HAMPDEN AVE, ROCKVALE, TN 37153-4491
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
30 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Allan Foutch
Adc INC
Quitclaim Deed
related
—
Dec 18, 2025
—
Travis Maloney
—
Deed
related
$175,000 · Southern Bank Of Tennessee
Oct 16, 2025
—
Jones Cathcart Family Trust
Steven K Jones
Deed
related
—
May 28, 2025
$188,700
Jrg Holdings Services LLC
Westchase Partners LLC
Warranty Deed
$141,525 · Southern Bank Of Tennessee
Apr 7, 2025
—
Diane M Redditt
—
Deed
related
$25,000 · Southern Bank Of Tennessee
Mar 7, 2025
—
Jonathan Gephart
Jonathan Gephart
Deed
related
$1,050,000 · Roy T Young Utd
Jan 8, 2025
$150,000
Timothy Lee Stuart
James Michael Stuart
Warranty Deed
related
—
Nov 20, 2024
$525,000
Jeff Johnson
Jerry Griffin
Warranty Deed
$300,000 · First Freedom Bank
Sep 19, 2024
—
James Michael Ferrell
Crv Holdings
Quit Claim Deed
related
—
Aug 16, 2024
$700,000
Curry Land Holdings LLC
Paul B Crockett
Warranty Deed
$700,000 · Paul B Crockett Etux
Apr 30, 2024
$1,250,000
Mark Vastola
Jonathan G Dugdale
Warranty Deed
—
Mar 18, 2024
—
Dennis E Stukenberg
Dennis E Stukenberg
Intrafamily Transfer
related
—
Feb 20, 2024
$300,000
Mark Anthony Vastola
Annina Williams
Warranty Deed
—
Jan 5, 2024
—
Johnny Roy Taylor
—
Deed
related
$300,000 · Wilson Bank & Trust
Nov 21, 2023
$147,030
William F Smith
James E Lancaster
Warranty Deed
—
Sep 27, 2023
$395,000
David A Hurst
Brian Maples
Warranty Deed
$383,150 · American Pacific Mortgage Corp
Sep 7, 2023
—
Jared Russell Doyle
Jared Doyle
Intrafamily Transfer
related
—
Aug 25, 2023
$306,000
Stephen Sacher
Kierstin Johnson
Warranty Deed
$260,100 · Farm Credit Mid America Flca
Jul 6, 2023
—
Scotty M Gilbert
Scott M Gilbert
Intrafamily Transfer
related
$420,000 · Persons Banking Company
Jun 21, 2023
—
Van N Turner JR
Van New Turner JR
Intrafamily Transfer
related
—
Dec 27, 2022
$3,750,000
M B Murfree IV
Blake G Bass
Warranty Deed
—
Jul 11, 2022
—
Aaron Darrell Jenkins
Teresa Diane Marsh
Intrafamily Transfer
related
—
May 18, 2020
$133,000
Clay Hair SR
Lonnie W Bogle
Warranty Deed
—
Jun 28, 2012
—
Theda C S Smith
Smith,theda C S
Quit Claim Deed
related
—
Jan 27, 2010
—
Linda York
Wright,larry T
Quit Claim Deed
related
—
Aug 13, 2007
$685,995
Dugdale,jonathan G
Wilson Cnty Auto Land Group Ll
Warranty Deed
$675,000 · Green Bk
Feb 21, 2007
$165,000
James G Esposito
Hunter,geneva
Warranty Deed
—
Jul 11, 2006
$33,000
Jason Black
Dtd Ventures LLC
Warranty Deed
—
Oct 6, 1997
—
Paul B Crockett
—
Deed Of Trust
related
—
—
—
Steven C Roberts
—
Deed Of Trust
related
$38,000 · Wilson Bank & Trust
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?”
You own 427 Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
