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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Retail space
535 Cool Spgs Blvd Franklin, TN 37067-7251
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1141652
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
5,856 SF
Lot
25.23 ac (1,099,019 SF)
APN
094062 00708
UPID
US80-1141652
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$908k
Blend (final)
Blend
$1.01M
Owner & transaction history
Partners Cs · 21 yrs held
Partners Cs
since 2005
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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$172 / 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
$464,723
Tax year 2023
Assessed value
$17,077,880
Assessed 2023
Previous assessed
$17,077,880
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$5,123,360
Assessed improvement
$11,954,520
Land market value
$10,615,500
Improvement market value
$23,016,600
Total market value
$33,632,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Buildings
10
Stories
1
Bathrooms
41
Total area
5,856 SF
Lot
25.23 ac (1,099,019 SF)
APN
094062 00708
UPID
US80-1141652
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
2000
Heating
YES
Cooling
Yes
Stories
1
Buildings
10
Bathrooms
41
Lot
25.23 ac
Current owner
From public records · entity-resolved
Partners Cs
Entity
Free & Clear · 21 yrs held
Mailing address
5100 POPLAR AVE STE #2602, MEMPHIS, TN 38137-2100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2014
—
Lightman Cool Springs LLC
—
Grant Deed
related
$26,785,000 · Miscellaneous Ins Co
Mar 3, 2005
—
Partners Cs
Thoroughbred Village
Quit Claim Deed
related
—
Mar 3, 2005
$1,375,843
Lightman Cool Springs LLC
Warfield,william M
Grant Deed
—
Mar 3, 2005
$10,263,866
Lightman Cool Springs LLC
Idnani,suresh
Grant Deed
—
Mar 3, 2005
$1,998,805
Lightman Cool Springs LLC
Faber,robert B & Ruth
Grant Deed
—
Mar 3, 2005
$786,198
Lightman Cool Springs LLC
Warfield,w M
Grant Deed
—
Mar 3, 2005
$393,099
Lightman Cool Springs LLC
Cundiff,ben L
Grant Deed
—
Mar 3, 2005
$999,402
Lightman Cool Springs LLC
Hall,phillip E
Grant Deed
—
Mar 3, 2005
$499,701
Lightman Cool Springs LLC
Ingram,h P
Grant Deed
—
Mar 3, 2005
$349,790
Lightman Cool Springs LLC
Cs Partners
Grant Deed
—
Mar 3, 2005
$2,398,566
Lightman Cool Springs LLC
Frey,robert C
Grant Deed
—
Mar 3, 2005
$3,997,611
Lightman Cool Springs LLC
Hrh Thoroughbred Village LLC
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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