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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail space
1203 Hazelwood Dr Ste A, Smyrna, TN 37167-3959
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-3306204
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
3,904 SF
Lot
0.93 ac (40,598 SF)
Zoning code
C-2
APN
034I-A-034.00-000
UPID
US80-3306204
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
-
Kinfolks BBQ Restaurant
-
Tommy's Bar and Grill Bar & Pub
-
Music City ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$690k
Owner & transaction history
Tn Valley LLC · 1 yrs held
Tn Valley LLC
since 2024
Last sale
$690,000
7 recorded transactions
Zoning & alternative use
C-2 · Smyrna, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+46.2%
Office building
$865,000
+20.0%
Medical building
$800,000
+10.7%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$690,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$720,000
Current use
AUTO REPAIR, GARAGE
$1,055,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$865,000
Change: +20% · Conversion: Easy
MEDICAL BUILDING
$800,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $690k (Nov 19 2024)
Last sale anchor
$690k
Nov 19 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
$177 / 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
$5,312
Tax year 2023
Assessed value
$226,040
Assessed 2024
Previous assessed
$221,160
+2.2% YoY
Effective rate
2.35%
On assessed value
Assessed land
$120,720
Assessed improvement
$105,320
Land market value
$301,800
Improvement market value
$263,300
Total market value
$565,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
3,904 SF
Lot
0.93 ac (40,598 SF)
Zoning code
C-2
APN
034I-A-034.00-000
UPID
US80-3306204
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-2 · Smyrna, TN
Zoning C-2 · permitted uses
C-2 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$865,000
MEDICAL BUILDING
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$670,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1989
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Tn Valley LLC
Entity
Mailing address
533 BISMARK DR, NASHVILLE, TN 37210-3301
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$690,000
Tn Valley LLC
Forest Edward Jennings
Warranty Deed
$400,000 · Citizens Tri-county Bank
Nov 8, 2024
—
James U Rust IV
Mohammad R Shams
Quitclaim Deed
related
—
Nov 14, 2017
$375,100
Forest E Jennings
Shams,mohammad R
Grant Deed
—
Sep 25, 2012
—
Shams Properties LLC
—
Grant Deed
related
$3,660,000 · Wilson Bank & Trust
Apr 3, 2012
—
Shams Properties LLC
Shamms,mohammed R
Quit Claim Deed
related
—
Dec 28, 2007
$307,500
Mohammed R Shamms
Waldron,charles K
Grant Deed
$263,560 · Wilson Bank & Trust
Apr 28, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Feb 27, 1998
$230,000
Vester Waldron
Waldron,vester
Grant Deed
related
—
Aug 9, 1995
—
John C Jones JR.
—
Deed Of Trust
related
—
Jun 23, 1989
$62,500
Hill Johns
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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