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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Medical Office Space
1511 Robinson Rd Old Hickory, TN 37138-2811
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1284654
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
2,038 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CS
APN
053-00-0-015-00
UPID
US80-1284654
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
-
Taylor King DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$472k
Blend (final)
Blend
$585k
Owner & transaction history
Samuel G Brick · 2 yrs held
Samuel G Brick
since 2024
Last sale
$582,500
7 recorded transactions
Zoning & alternative use
CS · Old Hickory, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$965,000
+67.8%
Retail stores
$865,000
+50.2%
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 Old Hickory submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Hickory 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
$585,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$575,000
Current use
COMMERCIAL (GENERAL)
$965,000
Change: +68% · Conversion: Easy
RETAIL STORES
$865,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: -2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $583k (May 1 2024)
Last sale anchor
$583k
May 1 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
$287 / 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
$4,593
Tax year 2023
Assessed value
$157,200
Assessed 2023
Previous assessed
$157,200
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$48,800
Assessed improvement
$108,400
Land market value
$122,000
Improvement market value
$271,000
Total market value
$393,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,038 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CS
APN
053-00-0-015-00
UPID
US80-1284654
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Old Hickory, TNZoning CS · permitted uses
CS · Old Hickory, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$575,000
COMMERCIAL (GENERAL)
Est. value
$965,000
RETAIL STORES
Est. value
$865,000
OFFICE BUILDING
Est. value
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE 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
1973
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Samuel G Brick
Individual
Mailing address
4335 COURTLAND DR, NASHVILLE, TN 37204-4402
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$582,500
Samuel G Brick
Ameris Bank
Special Warranty Deed
$505,750 · First Citizens Bank & Trust Co
Jan 8, 2024
$440,000
Ameris Bank
Walter N Winchester
Trustees Deed
related
—
Aug 18, 2017
$595,000
Taylor King Dds Holdings LLC
Richard W Spencer
Warranty Deed
$659,000 · Fidelity Bank
Sep 28, 2006
—
Richard W Spencer
—
Trustees Deed
related
$50,000 · Capital Bank & Trust Co
Jun 30, 2005
—
Richard W Spencer
Spencer,julia F
Quit Claim Deed
related
—
—
—
John Zarth
—
Deed Of Trust
related
$153,900 · Nationwide Funding
—
—
Richard W Spencer
—
Deed Of Trust
related
$150,000 · Capital Bank & Trust Co
—
—
Richard W Spencer
—
Deed Of Trust
related
$46,500 · Capital Bank & Trust Co
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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