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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Hotels
1415 Princeton Pl Hermitage, TN 37076-4130
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-2457261
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Construction
FRAME
Total area
46,802 SF
Lot
5.22 ac (227,383 SF)
Zoning code
CL
APN
086-00-0-168-00
UPID
US80-2457261
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
-
WoodSpring Suites Hermitage - Nashville Airport Hotel & Motel Vacation Rental
-
Life with AnnMarie Life Coach
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
Concord Wp Col Hermitage LLC · 4 yrs held
Concord Wp Col Hermitage LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CL · 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 Hermitage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermitage 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
$1,465,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.26M (Sep 3 2021)
Last sale anchor
$1.26M
Sep 3 2021
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
$30 / 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
$27,435
Tax year 2023
Assessed value
$938,920
Assessed 2023
Previous assessed
$209,560
+348.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$209,560
Assessed improvement
$729,360
Land market value
$523,900
Improvement market value
$1,823,400
Total market value
$2,347,300
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Construction
FRAME
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
46,802 SF
Lot
5.22 ac (227,383 SF)
Zoning code
CL
APN
086-00-0-168-00
UPID
US80-2457261
Jurisdiction
DAVIDSON
Zoning & alternative use
CL · Hermitage, TN
Zoning CL · permitted uses
CL · 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
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
3
Lot
5.22 ac
Current owner
From public records · entity-resolved
Concord Wp Col Hermitage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11410 CMN OAKS DR, RALEIGH, NC 27614-7002
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
Concord Wp Cool Hermitage LLC
—
Deed
related
$79,876,000 · Clr Re Lending Rf Sub Cb LLC
Sep 3, 2021
$1,260,000
Concord Wp Col Hermitage LLC
Elizabeth G Allen
Special Warranty Deed
—
Sep 3, 2021
—
Concord Wp Col Hermitage LLC
Elizabeth G Allen
Quit Claim Deed
related
—
Sep 30, 2010
—
Elizabeth Allen
Allen,r Chancellor
Quit Claim Deed
related
—
Apr 14, 1998
—
Sg Rental LLC
Patel,shankerbhai G
Quit Claim Deed
related
—
Mar 17, 1998
—
Allen R Chancellor
—
Deed Of Trust
related
—
Jan 1, 1998
—
Sg Rental LLC
Allen,r Chancell
Grant Deed
related
—
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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