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Property profile & analytics
FOR LEASE
Commercial real estate
601 Bakertown Rd Antioch, TN 37013
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0837705
For Lease
$22,045,000
601 Bakertown Rd, Antioch, TN 37013
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Total area
81,633 SF
Lot
12.8 ac (557,568 SF)
Zoning code
CS
APN
148-00-0-175-00
UPID
US80-0837705
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
-
Promisecare Pharmacy-Administrative Office Pharmacy
-
COGIC Department of Health Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.14M
Comparable Approach
Comparable
$16.79M
Blend (final)
Blend
$22.05M
Owner & transaction history
Drake Pacer Bakertown Acquisit · 9 yrs held
Drake Pacer Bakertown Acquisit
since 2017
5 recorded transactions
Zoning & alternative use
CS · Antioch, 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 Antioch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antioch 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%
$23,980,000
6.5%
$22,135,000
7%
$20,555,000
Alternative Use
Use
Estimation
RETAIL STORES
$34,585,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$22.05M
Range $19.84M – $24.25M · ±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
$270 / 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
$167,352
Tax year 2023
Assessed value
$5,142,960
Assessed 2023
Previous assessed
$6,007,920
-14.4% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,672,720
Assessed improvement
$3,470,240
Land market value
$4,181,800
Improvement market value
$8,675,600
Total market value
$12,857,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1999
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
81,633 SF
Lot
12.8 ac (557,568 SF)
Zoning code
CS
APN
148-00-0-175-00
UPID
US80-0837705
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Antioch, TN
Zoning CS · permitted uses
CS · Antioch, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Antioch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$34.6M
RETAIL STORES
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
1999
Heating
NONE
Cooling
Yes
Stories
1
Lot
12.8 ac
Current owner
From public records · entity-resolved
Drake Pacer Bakertown Acquisit
Individual
Mailing address
12 PARKINGWAY STE #200, COHASSET, MA 02025-1708
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2017
$14,600,000
Drake Pacer Bakertown Acquisit
Ytg Nashville LP
Grant Deed
$9,490,000 · Miscellaneous Ins Co
Dec 17, 2014
$38,134,000
Ytg Nashville LP
Firstcal Insutrial 2 Acquisition Ll
Special Warranty Deed
$30,000,000 · Compass Bank
Oct 12, 2005
$229,819,925
Indl 2 Acquisition L Firstcal
Duke Realty
Grant Deed
—
Sep 16, 1998
—
Realty LP Weeks
Suntrust Bank Nashville NA
Quit Claim Deed
related
—
Aug 31, 1990
$3,284,866
Third National Bank In Nashville
Unknown
Grant Deed
related
—
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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