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Property profile & analytics
FOR LEASE
Commercial real estate
1300 Central Ct Nashville, TN 37076
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1525891
For Lease
$2,210,000
1300 Central Ct, Nashville, TN 37076
View Listing →
Property summary
AI-generated overview
This single-story, 15,600-square-foot Hermitage Business Center offers flexible office and industrial space for lease. Located at 1300 Central Ct, Nashville, TN 37076, this Class C property sits on 1.04 acres and boasts 30 parking spaces. The building, constructed in 1988, is zoned PUD (Planned Unit Development) and features a minimum divisible space of 1,350 square feet, making it ideal for a variety of businesses. Its convenient location offers easy access to major transportation arteries, being less than one mile from the I-40 and Old Hickory Interchange. The property is also minutes away from TriStar Summit Medical Center and only seven miles from Nashville International Airport (BNA). The address is 1300 Central Ct, situated at the intersection of Old Hickory Blvd and Tulip Grove Rd, with the APN 086-00-0-306. Multiple tenancies are available. This versatile property presents a compelling opportunity for businesses seeking a well-located and functional workspace in the thriving Hermitage submarket of Nashville. Inquire today to learn more about available spaces and lease terms.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Total area
16,660 SF
Lot
1.04 ac (45,302 SF)
Zoning code
CS
APN
086-00-0-287-00
UPID
US80-1525891
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
-
Pulley & Associates LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$2.21M
Owner & transaction history
Kothare Properties LLC · 10 yrs held
Kothare Properties LLC
since 2016
2 recorded transactions
Zoning & alternative use
CS · Hermitage, TN
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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
$2.21M
Range $1.99M – $2.43M · ±10%
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
$133 / 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
$12,576
Tax year 2023
Assessed value
$430,400
Assessed 2023
Previous assessed
$430,400
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$163,080
Assessed improvement
$267,320
Land market value
$407,700
Improvement market value
$668,300
Total market value
$1,076,000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1988
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
16,660 SF
Lot
1.04 ac (45,302 SF)
Zoning code
CS
APN
086-00-0-287-00
UPID
US80-1525891
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Hermitage, TN
Zoning CS · permitted uses
CS · Hermitage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermitage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Kothare Properties LLC
Entity
Mailing address
1304 CENTRAL CT, HERMITAGE, TN 37076-3142
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
—
Kothare Properties LLC
—
Deed
related
$773,000 · Southern Bank Of Tennessee
Jun 6, 2016
$895,000
Kothare Properties LLC
Hillsboro Developers INC
Warranty Deed
$760,750 · F & M 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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