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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Strip malls
106 Ee Ave Goodlettsville, TN 37072-1861
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1282626
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1950
Total area
3,304 SF
Lot
0.09 ac (3,920 SF)
Zoning code
6ZZ
APN
026-01-0-009-00
UPID
US80-1282626
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
-
Galbreath Brothers Plumbing Co Plumbing Service General Contractor
-
Stacey Newman Color Room Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$1.21M
Owner & transaction history
Jonathan A A Rummel · 4 yrs held
Jonathan A A Rummel
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+91.9%
Retail stores
$1.4M
+66.2%
Commercial (general)
$945,000
+12.0%
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
$1,260,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,010,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Current use
AUTO REPAIR, GARAGE
$1,615,000
Change: +92% · Conversion: Difficult
RETAIL STORES
$1,400,000
Change: +66% · Conversion: Easy
COMMERCIAL (GENERAL)
$945,000
Change: +12% · Conversion: Easy
MEDICAL BUILDING
$930,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.28M (Feb 23 2022)
Last sale anchor
$1.28M
Feb 23 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
$366 / 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
$4,192
Tax year 2023
Assessed value
$143,480
Assessed 2023
Previous assessed
$143,480
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$6,280
Assessed improvement
$137,200
Land market value
$15,700
Improvement market value
$343,000
Total market value
$358,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1950
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
3,304 SF
Lot
0.09 ac (3,920 SF)
Zoning code
6ZZ
APN
026-01-0-009-00
UPID
US80-1282626
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$945,000
MEDICAL BUILDING
Est. value
$930,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1950
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Jonathan A A Rummel
Individual
Mailing address
6344 MORTON RD EXT, GREENBRIER, TN 37073-5793
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2026
—
Leighlu Properties LLC
—
Deed
related
$1,275,000 · Wilson Bank & Trust
Feb 23, 2022
$1,280,500
Jonathan A A Rummel
Mechta LLC
Warranty Deed
$1,088,425 · First Bank
Nov 6, 2020
—
Mechta LLC
—
Deed
related
$712,896 · First Citizens National Bank
May 21, 2018
—
Mechta LLC
—
Deed
related
$461,273 · Volunteer St Bk
May 17, 2018
—
Mechta LLC
—
Deed
related
$150,000 · Volunteer St Bk
May 15, 2017
$300,000
Mechta LLC
John Dunn
Warranty Deed
—
Nov 25, 2013
$237,600
John Dunn
Galbreath,edward C JR
Warranty Deed
$255,500 · Rufus L Moore
—
—
Mechta LLC
—
Deed Of Trust
related
$150,000 · Volunteer St Bk
—
—
Mechta LLC
—
Deed Of Trust
related
$461,273 · Volunteer St Bk
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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