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Property profile & analytics
OFF-MARKET
Office Spaces
15153 Lebanon Rd Old Hickory, TN 37138-1814
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1591026
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Total area
1,836 SF
Lot
1.12 ac (48,720 SF)
APN
052 00900
UPID
US80-1591026
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
-
Auto World Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Abdolreza Farhangi · 1 yrs held
Abdolreza Farhangi
since 2025
7 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,510
Tax year 2023
Assessed value
$173,840
Assessed 2023
Previous assessed
$173,840
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$132,000
Assessed improvement
$41,840
Land market value
$330,000
Improvement market value
$104,600
Total market value
$434,600
Applied tax rate
95.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
0
Total area
1,836 SF
Lot
1.12 ac (48,720 SF)
APN
052 00900
UPID
US80-1591026
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
1.12 ac
Current owner
From public records · entity-resolved
Abdolreza Farhangi
Individual
Mailing address
15153 LEBANON RD, OLD HICKORY, TN 37138-1814
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Mar 20, 2025
—
Abdolreza Farhangi
Abdolreza Farhangi
Deed
related
—
Apr 25, 2011
$370,000
Abdol Farhangi
Ethridge Wendell
Warranty Deed
$296,000 · Renasant Bank
Apr 13, 2009
—
Thomas W Ethridge
—
Trustees Deed
related
$301,965 · Renasant Bank
Dec 19, 2007
—
Thomas W Ethridge
—
Trustees Deed
related
$300,878 · Renasant Bank
May 25, 2005
—
Ethridge Wendell Tr
—
Trustees Deed
related
$150,000 · Capital Bank & Trust Co
Nov 3, 1998
$30,000
Ethridge,wendell Trustee
Olyver,theresa M
Grant Deed
—
—
—
Wendell Ethridge
—
Deed Of Trust
related
$119,232 · Capital Bank & Trust Co
—
—
Thomas W Ethridge
—
Deed Of Trust
related
$403,172 · Renasant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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