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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Office Spaces
4576 Joe Peay Rd Spring Hill, TN 37174-2209
Trust Owned
1-yr Hold
Free & Clear
Property ID
US80-2569925
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2013
Construction
FRAME
Total area
8,784 SF
Lot
5.01 ac (218,236 SF)
Zoning code
C-2
APN
060049 01102
UPID
US80-2569925
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
-
Willow Branch Landscapes Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.61M
Owner & transaction history
Willow Tree Trust Uta Dated March 4 · 1 yrs held
Willow Tree Trust Uta Dated March 4
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · Spring Hill, TN
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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%
$1,325,000
6.5%
$1,225,000
7%
$1,140,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,930,000
Current use
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±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
$183 / 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
$11,050
Tax year 2023
Assessed value
$854,760
Assessed 2023
Previous assessed
$578,520
+47.7% YoY
Effective rate
1.29%
On assessed value
Assessed land
$290,600
Assessed improvement
$564,160
Land market value
$726,500
Improvement market value
$1,410,400
Total market value
$2,136,900
Applied tax rate
60.0000
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
2013
Construction
FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
8,784 SF
Lot
5.01 ac (218,236 SF)
Zoning code
C-2
APN
060049 01102
UPID
US80-2569925
Jurisdiction
MAURY
Zoning & alternative use
C-2 · Spring Hill, TN
Zoning C-2 · permitted uses
C-2 · Spring Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
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
2013
Construction
FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
5.01 ac
Current owner
From public records · entity-resolved
Willow Tree Trust Uta Dated March 4
Trust
Free & Clear · 1 yrs held
Mailing address
4576 JOE PEAY RD, SPRING HILL, TN 37174-2209
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Willow Tree Trust Uta Dated March 4
Russell R Marino JR
Quitclaim Deed
related
—
Jan 25, 2021
$1,430,000
Charles Raines Const LLC
Charles Raines
Warranty Deed
—
Jan 25, 2021
—
M5 Capital LLC
—
Deed
related
$1,215,500 · Pinnacle Bk
Jan 14, 2021
—
Charles Raines
Charles Raines Const LLC
Quit Claim Deed
related
—
Mar 13, 2009
—
Charles Raines
—
Trustees Deed
related
$300,000 · Community First Bank
—
—
Charles Raines Const LLC
—
Deed Of Trust
related
$775,000 · Community First Bank
—
—
M5 Capital LLC
—
Deed Of Trust
related
$1,215,500 · Pinnacle Bk
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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