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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Grocery and convenience stores
928 Richards Rd Antioch, TN 37013-3200
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US80-0282217
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Total area
30,502 SF
Lot
6.16 ac (268,330 SF)
Zoning code
MULTI-ZONE
APN
148-00-0-087-00
UPID
US80-0282217
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
-
Bella Imagen Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$1.02M
Owner & transaction history
Mill Creek Commons LLC · 12 yrs held
Mill Creek Commons LLC
since 2014
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$33 / 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
$52,064
Tax year 2023
Assessed value
$1,600,000
Assessed 2023
Previous assessed
$1,600,000
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$644,000
Assessed improvement
$956,000
Land market value
$1,610,000
Improvement market value
$2,390,000
Total market value
$4,000,000
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
1990
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
30,502 SF
Lot
6.16 ac (268,330 SF)
Zoning code
MULTI-ZONE
APN
148-00-0-087-00
UPID
US80-0282217
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Antioch, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Antioch, 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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
6.16 ac
Current owner
From public records · entity-resolved
Mill Creek Commons LLC
Entity
Mailing address
6538 COLLINS AVE #212, MIAMI BEACH, FL 33141-4694
Ownership since
2014
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
Feb 4, 2014
$2,000,000
Mill Creek Commons LLC
Aerl Lc
Limited Warranty Deed
$1,603,000 · Franklin Synergy Bank
Feb 28, 2012
$2,430,000
Aerl Lc
Mill Creek Investment Group
Deed In Lieu Of Foreclosure
related
—
Sep 18, 2001
$2,970,000
Mill Creek Investment
Jdn Realty Corp
Grant Deed
$2,900,000 · American Equity Inv Life Ins
Sep 18, 2001
—
Mill Creek Investment
Jdn Realty Corp
Quit Claim Deed
related
—
Mar 30, 1998
$3,538,000
Jdn Realty Corp
—
Trustees Deed
related
—
Mar 30, 1998
—
Jdn Realty Corp
—
Trustees Deed
related
—
Nov 1, 1989
$1,025,000
Antioch Center Limited Partnersh
Unknown
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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