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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
835 Wren Rd Goodlettsville, TN 37072-2316
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1298630
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
2,573 SF
Lot
0.49 ac (21,344 SF)
Zoning code
6ZZ
APN
034-01-0-016-00
UPID
US80-1298630
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
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$385k
Blend (final)
Blend
$500k
Owner & transaction history
Edwin E Rowell · 3 yrs held
Edwin E Rowell
since 2022
Last sale
$615,000
7 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$735,000
+143.5%
Medical building
$725,000
+140.7%
Neighborhood: shopping center
$655,000
+117.5%
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 Goodlettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodlettsville 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
$440,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$300,000
Current use
COMMERCIAL (GENERAL)
$735,000
Change: +144% · Conversion: Easy
MEDICAL BUILDING
$725,000
Change: +141% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$655,000
Change: +118% · Conversion: Difficult
WAREHOUSE, STORAGE
$410,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $615k (Sep 19 2022)
Last sale anchor
$615k
Sep 19 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
$194 / 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
$3,620
Tax year 2023
Assessed value
$123,880
Assessed 2023
Previous assessed
$123,880
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$38,400
Assessed improvement
$85,480
Land market value
$96,000
Improvement market value
$213,700
Total market value
$309,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
2,573 SF
Lot
0.49 ac (21,344 SF)
Zoning code
6ZZ
APN
034-01-0-016-00
UPID
US80-1298630
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TN
Zoning 6ZZ · permitted uses
6ZZ · Goodlettsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodlettsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$300,000
COMMERCIAL (GENERAL)
Est. value
$735,000
MEDICAL BUILDING
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$655,000
WAREHOUSE, STORAGE
Est. value
$410,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1960
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Edwin E Rowell
Individual
Mailing address
210 DIANE DR, MADISON, TN 37115-2564
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
$615,000
Edwin E Rowell
Rayrex Investments LLC
Warranty Deed
—
Oct 4, 2018
$275,000
Rayrex Investments LLC
Orle Properties LLC
Warranty Deed
—
May 30, 2000
—
Orle Properties LLC
—
Grant Deed
related
$86,230 · Volunteer State Bank
Dec 30, 1997
—
Orle Properties LLC
—
Deed Of Trust
related
—
—
—
Orle Properties LLC
—
Deed Of Trust
related
$200,000 · Capital Bank & Trust Co
—
—
Orle Properties LLC
—
Deed Of Trust
related
$210,000 · Volunteer State Bank
—
—
Grace E Oliver
—
Deed Of Trust
related
$96,000 · Volunteer State 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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