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Property profile & analytics
OFF-MARKET
Estimated value
$7,535,000
Grocery and convenience stores
7115 Southpoint Pkwy Brentwood, TN 37027-2005
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1781793
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2020
Total area
24,122 SF
Lot
3.87 ac (168,577 SF)
Zoning code
MULTI-ZONE
APN
181-00-0-084-00
UPID
US80-1781793
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
$7.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.36M
Blend (final)
Blend
$7.54M
Owner & transaction history
Applegate Apartments Of Murfreesbor · 3 yrs held
Applegate Apartments Of Murfreesbor
since 2022
Last sale
$7.6M
2 recorded transactions
Zoning & alternative use
MULTI-ZONE · Brentwood, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.0M
+72.6%
Auto repair, garage
$11.8M
+69.8%
Commercial (general)
$8.7M
+25.5%
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 Brentwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brentwood 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
$7,425,000
ML approach
$7,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,950,000
Current use
RESTAURANT
$12,000,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,800,000
Change: +70% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,720,000
Change: +25% · Conversion: Easy
MEDICAL BUILDING
$6,805,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$6,640,000
Change: -4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,150,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$7.54M
Range $6.78M – $8.29M · ±10% · vs last sale $7.60M (Oct 25 2022)
Last sale anchor
$7.60M
Oct 25 2022
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
$312 / 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
$67,366
Tax year 2023
Assessed value
$2,305,480
Assessed 2023
Previous assessed
$2,305,480
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$566,400
Assessed improvement
$1,739,080
Land market value
$1,416,000
Improvement market value
$4,347,700
Total market value
$5,763,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
6
Bathrooms
1
Total area
24,122 SF
Lot
3.87 ac (168,577 SF)
Zoning code
MULTI-ZONE
APN
181-00-0-084-00
UPID
US80-1781793
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Brentwood, TN
Zoning MULTI-ZONE · permitted uses
MULTI-ZONE · Brentwood, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brentwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.0M
RESTAURANT
Est. value
$12.0M
AUTO REPAIR, GARAGE
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$8.7M
MEDICAL BUILDING
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
1
Lot
3.87 ac
Current owner
From public records · entity-resolved
Applegate Apartments Of Murfreesbor
Individual
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2022
$7,600,000
Applegate Apartments Of Murfreesbor
Southpoint Marketplace Investment P
Special Warranty Deed
$4,000,000 · First Farmers & Merchants Bank
Mar 14, 2019
$1,028,000
Southpoint Marketplace Invs Pt
Hill,david R
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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