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Property profile & analytics
OFF-MARKET
Estimated value
$14,240,000
Strip malls
2296 Lebanon Pike Nashville, TN 37214
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-3511786
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
69,178 SF
Lot
15.97 ac (695,653 SF)
Zoning code
SCC
APN
095-03-0-013-00
UPID
US80-3511786
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
by Request
CAP Approach
CAP
$15.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.24M
Owner & transaction history
Boyle Crossings LLC · 16 yrs held
Boyle Crossings LLC
since 2010
4 recorded transactions
Zoning & alternative use
SCC · Nashville, TN
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,290,000
6.5%
$15,035,000
7%
$13,960,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$20,030,000
Current use
APARTMENT HOUSE (5+ UNITS)
$17,015,000
Change: -15% · Conversion: Difficult
WAREHOUSE, STORAGE
$16,305,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$14.24M
Range $12.82M – $15.66M · ±10%
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
$206 / 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
$295,099
Tax year 2023
Assessed value
$9,068,800
Assessed 2023
Previous assessed
$9,068,800
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$3,339,120
Assessed improvement
$5,729,680
Land market value
$8,347,800
Improvement market value
$14,324,200
Total market value
$22,672,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
69,178 SF
Lot
15.97 ac (695,653 SF)
Zoning code
SCC
APN
095-03-0-013-00
UPID
US80-3511786
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
$20.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.0M
WAREHOUSE, STORAGE
Est. value
$16.3M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
6
Lot
15.97 ac
Current owner
From public records · entity-resolved
Boyle Crossings LLC
Entity
Free & Clear · 16 yrs held
Mailing address
5900 POPLAR AVE STE #100, MEMPHIS, TN 38119-3900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2011
—
Boyle Crossings LLC
—
Trustees Deed
related
$7,500,000 · Us Bank NA
Mar 9, 2010
—
Boyle Crossings LLC
Boyle Shady Grove Sw LLC
Quit Claim Deed
related
—
Dec 2, 2005
$200,000
Shady Grove Southwest Ll Boyle
Crossings
Grant Deed
—
Jun 9, 2005
—
Burker King Corp
Nashville Business Venture
Grant Deed
—
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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