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Property profile & analytics
OFF-MARKET Estimated value $1,545,000
Strip malls

2117 Hillsboro Dr Nashville, TN 37215

7,744 SF 0.31 ac lot Built 1987
Entity Owned Free & Clear
Property ID
US80-1249810
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 7,744 SF
Lot 0.31 ac (13,504 SF)
Zoning code SCR
APN 131-02-0-025-00
UPID US80-1249810
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
$1.71M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.55M
Owner & transaction history
Spiv Ahill Management And Investmen
Spiv Ahill Management And Investmen
since 2026
Last sale
$2.0M
7 recorded transactions
2026
Price N/A
2023
$2.0M
2016
Price N/A
2015
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SCR · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SCR, Shopping Center Regional District. The SCR district will implement the super community and regional activity center policies of the general plan. This district is designed for retail and service trades catering to a regional market area, with bulk standards and a broad range of permitted uses supporting the development of shopping malls with large speci…

Zone name Shopping Center Regional
General category COMMERCIAL
Zone area 1,249.66 ac
Source Zoning Ordinance
Top alternative use upside
Office building $2.3M +0.9%
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