Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    76 Cor Of Raymond Hirsch Pkwy & Tn Hwy White House, TN 37188

    • Retail properties
    • 77,537 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 76 Cor Of Raymond Hirsch Pkwy & Tn Hwy

    Property size
    77,537 SF
    Property type
    Retail properties

    Description

    This exceptional retail opportunity is located in the thriving White House, Tennessee market, at the highly visible southeast corner of Raymond Hirsch Parkway and TN Highway 76. The property, known as White House Shops, is a newly developed shopping center anchored by a Publix supermarket, ensuring high foot traffic and strong consumer demographics. A total of 77,537 square feet of retail space is available, with multiple units currently vacant, offering flexibility for various business types. Individual spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 1,200 square feet, making it ideal for a variety of retail concepts. Currently, 5,800 square feet of space is immediately available for lease. The property sits on a sizable lot ranging from 0.43 to 1.78 acres, providing ample parking and visibility. Located in Montgomery County, this center benefits from a strong local economy and convenient access to major roadways, ensuring excellent exposure to a large customer base. This is a rare opportunity to establish a presence in a rapidly growing community with a proven anchor tenant. The property's strategic location and modern design make it an attractive option for businesses seeking high-traffic visibility and a strong return on investment. Contact us today to learn more about leasing opportunities within this dynamic retail center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    White House
    County
    Montgomery
    State
    Tennessee
    Longitude
    -86.6655
    Latitude
    36.4686

    Comparable in this City

    • Value Estimation by Request
      4,650 SF

      1002 Highway 76

      Automotive properties • 4,650 SF
      1002 Highway 76, Springfield, TN 37188
      View Details
    • Value Estimation by Request
      2,500 SF

      701 Tn-76

      Individual retail properties • 2,500 SF
      701 Tn-76, White House, TN 37188
      View Details
    • Value Estimation by Request
      20,000 SF

      301 Richard Wilks Rd

      Individual retail properties • 20,000 SF
      301 Richard Wilks Rd, White House, TN 37188
      View Details
    • Value Estimation
      $630,000
      1,619 SF

      31st Hwy Hwy

      FINANCIAL BUILDING • 1,619 SF
      31st Hwy Hwy, White House, TN 37188
      View Details
    • Value Estimation by Request
      4,148 SF

      31st Hwy Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,148 SF
      31st Hwy Hwy, White House, TN 37188
      View Details
    • Value Estimation
      $640,000
      11,349 SF

      370 Hester Dr

      RESTAURANT • 11,349 SF
      370 Hester Dr, White House, TN 37188-9255
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land Corner Lot

      Commercial land ideal for retail, office, or medical use.
      201 Honeysuckle Dr, White House, TN 37188
      View Details
    • $2,700,000
      12,000 SF

      White House Industrial Property

      12,000 SF Industrial Building, Owner/User
      1820 Us-31W, White House, TN 37188
      View Details

    Similar Nearby for Lease

    • $2,975,000

      Taco Bell NNN Investment Property

      Freestanding Taco Bell in White House, TN with 20-year lease.
      330 Hester Dr, White House, TN 37188
      View Details
    • $28 SF/Yr
      20,000 SF

      White House Retail Storefront Opportunity

      Prime White House retail space available.
      301 Richard Wilks Rd, White House, TN 37188
      View Details
    • Contact for pricing

      Land in Growing Nashville MSA

      Land in a fast-growing community near Nashville.
      109 Raymond Hirsch Pkwy, White House, TN 37188
      View Details
    • Contact for pricing

      Highway Frontage Pad Site

      0.98-acre pad site on Highway 76 for rent.
      608 Highway 76, White House, TN 37188
      View Details
    • Contact for pricing
      309,960 SF

      Warehouse Space Near Interstate I-65

      Warehouse/distribution space with high visibility near I-65 in White House.
      1204 Ln Love's, White House, TN 37188
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    76 Cor Of Raymond Hirsch Pkwy & Tn Hwy
    White House, TN 37188
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!