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Property profile & analytics
OFF-MARKET
Office Spaces
602 Villa Pl Lebanon, TN 37090-6529
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-3350445
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
1,080 SF
Lot
14.19 ac (618,116 SF)
Zoning code
R1A
APN
056 01404
UPID
US80-3350445
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Villas At Kensington HOA INC · 3 yrs held
Villas At Kensington HOA INC
since 2022
Last sale
$199,400
7 recorded transactions
Zoning & alternative use
R1A · Lebanon, 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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Land market value
$52,500
Improvement market value
$116,900
Total market value
$169,400
Applied tax rate
950.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2006
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,080 SF
Lot
14.19 ac (618,116 SF)
Zoning code
R1A
APN
056 01404
UPID
US80-3350445
Jurisdiction
WILSON
Zoning & alternative use
R1A · Lebanon, TNZoning R1A · permitted uses
R1A · Lebanon, TN
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
2006
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
14.19 ac
Current owner
From public records · entity-resolved
Villas At Kensington HOA INC
Entity
Free & Clear · 3 yrs held
Mailing address
808 LEEVILLE PIKE, LEBANON, TN 37090-4300
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
Villas At Kensington HOA INC
John S Blackwell
Quit Claim Deed
related
—
Feb 22, 2022
—
Donald K Robins
Donald Kenneth Robins
Intrafamily Transfer
related
—
Jan 8, 2021
$199,400
Stephanie A Kirk
Mary Mcgrath
Warranty Deed
$159,520 · Bank Of Tennessee
Jun 14, 2019
$229,900
Irene Mastalia
Blackwell,john
Warranty Deed
—
Oct 12, 2018
$205,000
Kathleen E Keen
Bearden,jamie E
Warranty Deed
$153,000 · Legacy Mutual Mtg
Jun 20, 2017
$185,000
Roya Horrell
Climer,anthony G & Allison D
Warranty Deed
$138,750 · Primary Resid'l Mtg
Jun 13, 2017
$205,900
Joseph D Mcburney
Blackwell,john S
Warranty Deed
$164,720 · Primary Resid'l Mtg
Oct 27, 2016
$162,500
William Roberts
Campbell,tierney
Warranty Deed
$164,141 · Peoples Hm Equity
Sep 30, 2016
$192,900
Michael L Holder
Blackwell,john S
Warranty Deed
$192,900 · Franklin American Mtg
Dec 1, 2015
$164,900
Lara J Edens
Blackwell,john
Warranty Deed
$169,562 · First Cmnty Mtg
Dec 3, 2014
$121,500
Tierney Campbell
201 Villa Circle Trust
Grant Deed
$119,298 · Peoples Hm Equity
Aug 14, 2014
$119,000
201 Villa Circle Trust
Upham,kimberly
Grant Deed
—
Aug 13, 2013
$132,000
Alita Sparks
Carroll Homes INC
Warranty Deed
$128,040 · Franklin American Mortgage Co
Aug 8, 2013
$120,000
Abol Moghadam
Carroll Homes INC
Warranty Deed
—
Jun 18, 2008
$140,000
Christy Eakes
Carroll Homes INC
Warranty Deed
$115,000 · Gordon Carroll
Mar 27, 2008
$139,900
Alicia L Bush
Richards,james F
Warranty Deed
$139,900 · Magna Bank NA
Mar 1, 2007
$135,000
Kim Upham
Carroll Homes INC
Warranty Deed
$89,000 · Vision Mortgage Professional
—
—
Nishant V Meraiya
—
Loan Modification
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.
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