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Property profile & analytics
OFF-MARKET
Estimated value
$17,250,000
Retail space
7240 Nolensville Rd Nolensville, TN 37135-9502
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0193709
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
35,980 SF
Lot
4.49 ac (195,584 SF)
APN
094056L A 03600
UPID
US80-0193709
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
-
The Town Barre Gym & Fitness Center
-
Uncle Classic Barbershop Nolensville Barber Shop
-
Nailvibe Nolen Nail Salon
-
Better Days Diner Nolensville Restaurant
-
Life Community Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.02M
Blend (final)
Blend
$17.25M
Owner & transaction history
Nolenswheel LLC · 2 yrs held
Nolenswheel LLC
since 2024
Last sale
$17.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$20.7M
+34.3%
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 Nolensville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nolensville 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
$17,250,000
ML approach
$17,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,400,000
Current use
AUTO REPAIR, GARAGE
$20,670,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,040,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$17.25M
Range $15.53M – $18.98M · ±10% · vs last sale $17.25M (Feb 16 2024)
Last sale anchor
$17.25M
Feb 16 2024
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
$479 / 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
$102,512
Tax year 2023
Assessed value
$4,724,040
Assessed 2023
Previous assessed
$4,724,040
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$1,417,200
Assessed improvement
$3,306,840
Land market value
$1,073,400
Improvement market value
$2,791,000
Total market value
$3,864,400
Applied tax rate
535.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1989
Heating
YES
Cooling
YES
Stories
1
Bathrooms
7
Total area
35,980 SF
Lot
4.49 ac (195,584 SF)
APN
094056L A 03600
UPID
US80-0193709
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$15.4M
AUTO REPAIR, GARAGE
Est. value
$20.7M
COMMERCIAL (GENERAL)
Est. value
$14.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1989
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
7
Lot
4.49 ac
Current owner
From public records · entity-resolved
Nolenswheel LLC
Entity
Mailing address
808 S HIGH ST, COLUMBIA, TN 38401-3241
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2024
$17,250,000
Nolenswheel LLC
Tisano Nolensville LLC
Special Warranty Deed
$8,025,000 · First Farmers & Merchants Bank
Nov 27, 2017
—
Tisano Nolensville LLC
—
Loan Modification
related
$8,669,976 · Reliant Bk
Apr 1, 2014
—
Tisano Nolensville LLC
—
Grant Deed
related
$5,800,000 · Reliant Bk
Sep 16, 2011
—
Tisano Nolensville LLC
—
Trustees Deed
related
$4,600,000 · Wilson Bank & Trust
May 18, 2006
$3,950,000
Tisano Nolensville LLC
Kelley Properties LLC
Grant Deed
$3,200,000 · Primetrust Bank
Jan 5, 2004
—
Kelley Propertites LLC
—
Trustees Deed
related
$990,000 · Cumberland Bank South
Jun 15, 1989
$300,000
Greystone Plaza Properties
Unknown
Grant Deed
—
—
—
Tisano Nolensville LLC
—
Deed Of Trust
related
—
—
—
Tisano Nolensville LLC
—
Deed Of Trust
related
$550,000 · Pinnacle National Bank
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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