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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Turn key restaurants
553 Cool Spgs Blvd Franklin, TN 37067-7253
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1421035
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2001
Total area
11,336 SF
Lot
2 ac (87,120 SF)
APN
094062 00709
UPID
US80-1421035
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$910k
Owner & transaction history
Frederic A Scarola · 21 yrs held
Frederic A Scarola
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
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$80 / 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
$44,308
Tax year 2023
Assessed value
$1,628,240
Assessed 2023
Previous assessed
$1,628,240
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$960,000
Assessed improvement
$668,240
Land market value
$2,400,000
Improvement market value
$1,670,600
Total market value
$4,070,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Bathrooms
9
Total area
11,336 SF
Lot
2 ac (87,120 SF)
APN
094062 00709
UPID
US80-1421035
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
2001
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
9
Lot
2 ac
Current owner
From public records · entity-resolved
Frederic A Scarola
Individual
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2005
—
Frederic A Scarola
Thoroughbred Village Ptrs II
Quit Claim Deed
related
—
Mar 3, 2005
$2,398,566
Lightman Cool Springs LLC
Frey,robert C
Grant Deed
—
Mar 3, 2005
$1,998,805
Lightman Cool Springs LLC
Ejj & P LLC
Grant Deed
—
Mar 3, 2005
$499,701
Lightman Cool Springs LLC
Scott Sohr Family Partners Gp
Grant Deed
—
Mar 3, 2005
$999,402
Lightman Cool Springs LLC
Hall,phillip E
Grant Deed
—
Mar 3, 2005
$786,198
Lightman Cool Springs LLC
Andrews,frank
Grant Deed
—
Mar 3, 2005
$349,790
Lightman Cool Springs LLC
Cs Partners
Grant Deed
—
Mar 3, 2005
$393,099
Lightman Cool Springs LLC
Scarola,frederic A
Grant Deed
—
Mar 3, 2005
$1,375,843
Lightman Cool Springs LLC
Crabtree,david P
Grant Deed
—
Mar 3, 2005
$3,997,611
Lightman Cool Springs LLC
Hrh Thoroughbred Village LLC
Grant Deed
—
Mar 3, 2005
$10,263,866
Lightman Cool Springs LLC
Idnani,suresh
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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