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Property profile & analytics
OFF-MARKET
Estimated value
$29,280,000
Office Spaces
457 Duke Dr Franklin, TN 37067
Entity Owned
~
Est. High Equity
Property ID
US80-1173622
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2008
Total area
182,176 SF
Lot
17.7 ac (771,012 SF)
APN
094053 10906
UPID
US80-1173622
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.31M
Comparable Approach
Comparable
$35.02M
Blend (final)
Blend
$29.28M
Owner & transaction history
Stonebridge Bible Church
Stonebridge Bible Church
since 2025
Last sale
$30.0M
4 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
$31,085,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,000,000
6.5%
$20,305,000
7%
$18,855,000
Blend value · Realmo final
$29.28M
Range $26.35M – $32.21M · ±10% · vs last sale $30.00M (Jul 15 2025)
Last sale anchor
$30.00M
Jul 15 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
$161 / 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
$425,071
Tax year 2023
Assessed value
$15,620,720
Assessed 2023
Previous assessed
$15,620,720
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$4,341,560
Assessed improvement
$11,279,160
Land market value
$4,482,800
Improvement market value
$36,594,000
Total market value
$41,076,800
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
Off-Market
Year built
2008
Heating
NONE
Stories
2
Total area
182,176 SF
Lot
17.7 ac (771,012 SF)
APN
094053 10906
UPID
US80-1173622
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
2
Lot
17.7 ac
Current owner
From public records · entity-resolved
Stonebridge Bible Church
Entity
Mailing address
118 16TH AVE S STE #200, NASHVILLE, TN 37203-3135
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$30,000,000
Stonebridge Bible Church
Ecg Duke Drive LP
Special Warranty Deed
$21,000,000 · Bmo Bank NA
Apr 27, 2022
$25,000,000
Ecg Duke Drive LP
Gpt Tpg 455 Dule C
Special Warranty Deed
$29,000,000 · Khre Sma Funding LLC
Sep 21, 2016
$31,500,000
Gpt Tpg 455 Duke LLC
Duke Realty LP
Quit Claim Deed
related
$200,000,000 · Morgan Stanley Bk
Sep 28, 2015
—
Duke Realty LP
Industrial Dev Board Of Williamso
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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