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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Commercial land
Alligood Way Lebanon, TN 37090
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2098313
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1985
Total area
12,499 SF
Lot
6.25 ac (272,250 SF)
APN
081 07703
UPID
US80-2098313
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
$1.52M
Blend (final)
Blend
$1.16M
Owner & transaction history
Bif2 Finance 1 LLC · 1 yrs held
Bif2 Finance 1 LLC
since 2025
Last sale
$26,820
7 recorded transactions
Zoning & alternative use
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
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
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $27k (May 25 2023)
Last sale anchor
$27k
May 25 2023
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
$92 / 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
$1,540
Tax year 2023
Assessed value
$53,240
Assessed 2023
Previous assessed
$53,240
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$53,240
Land market value
$133,100
Total market value
$133,100
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1985
Heating
PACKAGE
Cooling
YES
Stories
1
Bathrooms
2
Total area
12,499 SF
Lot
6.25 ac (272,250 SF)
APN
081 07703
UPID
US80-2098313
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
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
1985
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
6.25 ac
Current owner
From public records · entity-resolved
Bif2 Finance 1 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
302 W 3RD ST STE #300, CINCINNATI, OH 45202-3436
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
$30,750,000
Bif2 Finance 1 LLC
Alligood Industrial Park II LLC
Special Warranty Deed
—
May 26, 2023
$61,734
Love One Another Embassy INC
Alligood Industrial Park II LLC
Special Warranty Deed
—
May 25, 2023
$26,820
Leona Anderson Butler
Alligood Industrial Park II LLC
Special Warranty Deed
—
May 24, 2023
$1,575,000
Alligood Industrial Park II LLC
Solution Land & Building LLC
Warranty Deed
—
Aug 16, 2019
$609,700
Solution Land & Building LLC
Richmond,clifford O
Warranty Deed
$459,700 · Clifford O Richmond
Dec 8, 2017
$1,250,000
Freedom House Ministries LLC
Richmond,clifford O
Warranty Deed
$1,000,000 · Clifford O Richmond
Jan 4, 2016
$450,000
Clifford O Richmond
Branch Bkng
Grant Deed
—
Sep 18, 2015
$600,000
Branch Bkng & Trust Co
Wood Heather D|second Lebanon LLC
Trustees Deed
related
—
Oct 27, 2006
$1,235,000
Second Lebanon LLC
Love One Another Church
Warranty Deed
$900,000 · Colonial Bank
Mar 10, 2005
—
Love One Another Embassy INC
Love One Another Ministries In
Quit Claim Deed
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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