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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Individual retail properties
5020 Carothers Pkwy Franklin, TN 37067-6009
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-2066014
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2018
Total area
121,853 SF
Lot
11.11 ac (483,952 SF)
APN
094079 04000
UPID
US80-2066014
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
-
LifeSpa Hair Salon
-
Dr. Susan Kees Alternative Medicine Practice
-
GARY CERVONE Alternative Medicine Practice
-
Christina Judon Alternative Medicine Practice
-
Christina Joy Judon Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Mdc Coast 7 LLC · 8 yrs held
Mdc Coast 7 LLC
since 2017
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
by Request
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$7 / 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
$306,456
Tax year 2023
Assessed value
$11,261,760
Assessed 2023
Previous assessed
$11,261,760
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$3,588,520
Assessed improvement
$7,673,240
Land market value
$8,971,300
Improvement market value
$19,183,100
Total market value
$28,154,400
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2018
Heating
NONE
Stories
2
Total area
121,853 SF
Lot
11.11 ac (483,952 SF)
APN
094079 04000
UPID
US80-2066014
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
2018
Heating
NONE
Stories
2
Lot
11.11 ac
Current owner
From public records · entity-resolved
Mdc Coast 7 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2017
$32,400,000
Mdc Coast 7 LLC
Ss Mcewen LLC
Grant Deed
—
Oct 31, 2016
$3,809,322
Tri Star Energy LLC
Ss Mcewen LLC
Grant Deed
—
Nov 3, 2015
$11,000,000
Ss Mcewen LLC
Duke Realty LP
Grant Deed
—
Jun 18, 2007
$9,938,214
Duke Realty
Ssi Liberty Pike LLC
Grant Deed
—
Apr 30, 2007
—
Ssi Liberty Pike LLC
—
Trustees Deed
related
$1,500,000 · Citizens Bank & Savings Co
Jul 11, 2006
$750,000
J D Eatherly
Porter Family
Warranty Deed
—
Jun 2, 2006
$6,650,000
Ssi Liberty Pike LLC
Franklin Commons II INC
Grant Deed
—
Jun 2, 2006
$1,965,714
Vastland Eatherly Mcclung Ptsh
Carothers Dev Ptshp
Warranty Deed
—
Jun 3, 1994
$750,000
Franklin Commons II INC
Unknown,
Grant Deed
$935,000 · Abq Federal Savings Bank Albue
Jun 1, 1994
$1,100,000
Commons Franklin II INC
Unknown
Grant Deed
—
Dec 21, 1993
$112,500
Tn Electric Mbrship Middle
Unknown,
Grant Deed
—
Jan 12, 1993
$750,000
Resolution Trust Corp
Unknown,
Grant Deed
—
Jun 30, 1988
$9,678,000
Abq Development Corp
Unknown,
Grant Deed
—
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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