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Property profile & analytics
OFF-MARKET
Estimated value
$5,590,000
Strip malls
15535 Old Hickory Blvd Nashville, TN 37211-6224
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1780059
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Total area
19,145 SF
Lot
2.32 ac (101,059 SF)
Zoning code
SCC
APN
161-00-0-084-01
UPID
US80-1780059
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
-
Karen's Design Studio Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.69M
Blend (final)
Blend
$5.59M
Owner & transaction history
Peh Strategic Realty Partners LLC · 1 yrs held
Peh Strategic Realty Partners LLC
since 2025
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
SCC · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.9M
+139.3%
Commercial (general)
$8.4M
+125.9%
Medical building
$6.7M
+80.5%
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
$5,995,000
ML approach
$6,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,700,000
Current use
RETAIL STORES
$8,855,000
Change: +139% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,360,000
Change: +126% · Conversion: Easy
MEDICAL BUILDING
$6,680,000
Change: +81% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,710,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$3,895,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$5.59M
Range $5.03M – $6.15M · ±10% · vs last sale $5.10M (Apr 1 2025)
Last sale anchor
$5.10M
Apr 1 2025
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
$292 / 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
$65,745
Tax year 2023
Assessed value
$2,020,440
Assessed 2023
Previous assessed
$2,020,440
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,010,600
Assessed improvement
$1,009,840
Land market value
$2,526,500
Improvement market value
$2,524,600
Total market value
$5,051,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
19,145 SF
Lot
2.32 ac (101,059 SF)
Zoning code
SCC
APN
161-00-0-084-01
UPID
US80-1780059
Jurisdiction
DAVIDSON
Zoning & alternative use
SCC · Nashville, TN
Zoning SCC · permitted uses
SCC · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.7M
RETAIL STORES
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2000
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
2.32 ac
Current owner
From public records · entity-resolved
Peh Strategic Realty Partners LLC
Entity
Mailing address
2002 RICHARD JONES RD #200, NASHVILLE, TN 37215-2809
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
—
Peh Strategic Realty Partners LLC
Hdj Brentwood East LLC
Quitclaim Deed
related
—
Mar 17, 2015
$5,100,000
Bpi Brentwood East Partners|jfm Brentwood East LLC
Carter Jackson LLC
Grant Deed
$3,600,000 · Pillar Multifamily
Oct 2, 2002
$3,682,500
Carter Jackson LLC
Edmondson Pike LLC
Grant Deed
—
Sep 15, 1999
$980,000
Edmondson Pike LLC
Regency Relaty Group INC
Grant Deed
$2,400,000 · Union Planters National Bank
Apr 22, 1999
$352,159
Regency Realty Group INC
Williams,harris H & Rebecca W
Trustees Deed
—
Apr 22, 1999
$460,443
Regency Realty Group INC
Williams,harris H & Rebecca W
Trustees Deed
—
—
—
Carter Jackson LLC
—
Loan Modification
related
—
—
—
6968 Nolensville Road LLC
—
Loan Modification
related
—
—
—
6968 Nolensville Road LLC
—
Loan Modification
related
—
—
—
Edmondson Pike LLC
—
Deed Of Trust
related
$22,500 · Union Planters National Bank
—
—
6968 Nolensville Road LLC
—
Deed Of Trust
related
—
—
—
Edmondson Pike LLC
—
Deed Of Trust
related
$2,450,000 · Merrill Lynch Mtg Capital INC
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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