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Property profile & analytics
OFF-MARKET Estimated value $2,315,000
Medical Office Space

224 Old Hickory Blvd Nashville, TN 37221-1307

3,854 SF 0.85 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-3128384
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Total area 3,854 SF
Lot 0.85 ac (37,026 SF)
Zoning code SCC
APN 142-00-0-214-00
UPID US80-3128384
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
  • The Eye Vets Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$2.32M
Owner & transaction history
Tevre LLC · 2 yrs held
Tevre LLC
since 2023
Last sale
$2.6M
7 recorded transactions
2023
$2.6M
2020
Price N/A
2008
$1.2M
2007
$900,000
2000
$710,000
1993
$752,032
1990
$750,000
Zoning & alternative use
SCC · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SCC, Shopping Center Community district. The SCC district will implement the community and super community retail policies of the general plan. The SCC district is designed for retail and service trades catering to a community-scale market of approximately thirty-five thousand to one hundred thousand people with the range of permitted uses and bulk standards…

Zone name Shopping Center Community
General category COMMERCIAL
Zone area 368.00 ac
Source Zoning Ordinance
Top alternative use upside
Auto repair, garage $2.3M +73.7%
Commercial (general) $1.9M +43.8%
Retail stores $1.8M +32.5%
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