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Property profile & analytics
OFF-MARKET
Estimated value
$6,200,000
Office Spaces
103 Hazel Path Ct Hendersonville, TN 37075
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2029757
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1987
Total area
11,864 SF
Lot
0.69 ac (30,100 SF)
Zoning code
CPUD
APN
083164A C 01201
UPID
US80-2029757
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
-
FOX LAW Law Firm
-
MGA Crisis Intervention Medical Clinic
-
AMY BACCETTI Pediatrician Physician
-
DEBORAH PEARSON GRAY Physician
-
KENNETH C. DOZIER Geriatric Care Provider
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.06M
Blend (final)
Blend
$6.20M
Owner & transaction history
Hazel Path Holdings LLC · 1 yrs held
Hazel Path Holdings LLC
since 2024
Last sale
$6.2M
4 recorded transactions
Zoning & alternative use
CPUD · Hendersonville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.7M
+77.9%
Auto repair, garage
$4.5M
+4.5%
Medical building
$4.4M
+0.6%
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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$6,200,000
ML approach
$6,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,335,000
Current use
RESTAURANT
$7,715,000
Change: +78% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,530,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$4,365,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$6.20M
Range $5.58M – $6.82M · ±10% · vs last sale $6.20M (Aug 30 2024)
Last sale anchor
$6.20M
Aug 30 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
$523 / 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
$14,269
Tax year 2023
Assessed value
$435,400
Assessed 2023
Previous assessed
$435,400
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$173,480
Assessed improvement
$261,920
Land market value
$433,700
Improvement market value
$654,800
Total market value
$1,088,500
Applied tax rate
83.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1987
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
6
Total area
11,864 SF
Lot
0.69 ac (30,100 SF)
Zoning code
CPUD
APN
083164A C 01201
UPID
US80-2029757
Jurisdiction
SUMNER
Zoning & alternative use
CPUD · Hendersonville, TN
Zoning CPUD · permitted uses
CPUD · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
RESTAURANT
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1987
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
0.69 ac
Current owner
From public records · entity-resolved
Hazel Path Holdings LLC
Entity
Mailing address
100 BLUEGRASS CMNS BLVD STE #200, HENDERSONVILLE, TN 37075-2734
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$6,200,000
Hazel Path Holdings LLC
Bill S Gough LLC
Warranty Deed
$6,750,000 · Wilson Bank & Trust
Jan 8, 2007
$5,575,000
Bill S Gough LLC
Mcdaniel Luther D Trust
Grant Deed
—
Nov 9, 2005
—
Mcdaniel Luther D Trust
Mcdaniel,luther D
Quit Claim Deed
related
—
Aug 1, 2000
$4,250,000
Luther D Mcdaniel
Riadon,john W & Beverly C
Grant Deed
$3,400,000 · Union Planters 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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