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Property profile & analytics
FOR SALE
Retail space
485 N Mount Juliet Rd Mount Juliet, TN 37122
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1919994
For Sale
1 / 17
$1,800,000
485 N Mount Juliet Rd, Mount Juliet, TN 37122
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
4,940 SF
Lot
1.06 ac (46,350 SF)
Zoning code
RS20
APN
077 07100
UPID
US80-1919994
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
-
The Dog Spot (Mt. Juliet) Pet Grooming Service
-
Dolly's Grooming and Dog Wash Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$900k
Owner & transaction history
Lauren M Spitz · 13 yrs held
Lauren M Spitz
since 2013
7 recorded transactions
Zoning & alternative use
RS20 · Mount Juliet, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+95.4%
Medical building
$1.3M
+86.9%
Auto repair, garage
$965,000
+43.2%
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 Mount Juliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Juliet 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
Alternative Use
Use
Estimation
RETAIL STORES
$675,000
Current use
COMMERCIAL (GENERAL)
$1,320,000
Change: +95% · Conversion: Easy
MEDICAL BUILDING
$1,260,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$965,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$182 / 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
$10,983
Tax year 2023
Assessed value
$544,000
Assessed 2023
Previous assessed
$544,000
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$437,720
Assessed improvement
$106,280
Land market value
$1,094,300
Improvement market value
$265,700
Total market value
$1,360,000
Applied tax rate
95.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2014
Heating
YES
Stories
1
Units
1
Bathrooms
2
Total area
4,940 SF
Lot
1.06 ac (46,350 SF)
Zoning code
RS20
APN
077 07100
UPID
US80-1919994
Jurisdiction
WILSON
Zoning & alternative use
RS20 · Mount Juliet, TN
Zoning RS20 · permitted uses
RS20 · Mount Juliet, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Juliet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$965,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2014
Heating
YES
Stories
1
Units
1
Bathrooms
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
Lauren M Spitz
Individual
Free & Clear · 13 yrs held
Mailing address
1109 WOODLAND ST UNIT #60824, NASHVILLE, TN 37206-2890
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2020
—
Lauren Spitz
—
Deed
related
$445,339 · Pinnacle Bk
Jun 16, 2014
—
Gary C Baker
—
Trustees Deed
related
$20,000 · Jack Fleischer
Jul 10, 2013
—
Lauren M Spitz
—
Trustees Deed
related
$80,000 · Planters Bank
Mar 6, 2013
$355,000
Lauren M Spitz
Fifth Third Bk
Grant Deed
—
Aug 8, 2011
$425,000
Fifth Third Bk
Goodrich,robert C JR
Trustees Deed
related
—
Sep 21, 2006
$77,100
City Of Mt Juliet
Page Mary A
Warranty Deed
—
Sep 8, 2003
$250,000
National Car Wash Mt Juliet
Page,david M
Grant Deed
—
—
—
Lauren Spitz
—
Loan Modification
related
$445,339 · Pinnacle Bk
—
—
Pw & B LLC
—
Deed Of Trust
related
$690,000 · National Bank Commerce Tr & Sa
—
—
Lauren M Spitz
—
Loan Modification
related
$370,251 · Planters 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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