Back to Search
Property profile & analytics
FOR SALE
Strip malls
2601 Old Hickory Blvd Old Hickory, TN 37138
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0840183
For Sale
1 / 48
$1,895,000
2601 Old Hickory Blvd, Old Hickory, TN 37138
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1947
Total area
14,005 SF
Lot
0.26 ac (11,326 SF)
Zoning code
MUL-A
APN
053-12-0-073-00
UPID
US80-0840183
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
-
DK Auto Detailing Car Wash
-
Equip For Less Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.57M
Owner & transaction history
Jon Runion · 4 yrs held
Jon Runion
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
MUL-A · Old Hickory, 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 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
Method
Estimation
Statistic approach
$1,575,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10% · vs last sale $1.60M (Apr 14 2022)
Last sale anchor
$1.60M
Apr 14 2022
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
$112 / 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
$4,062
Tax year 2023
Assessed value
$139,000
Assessed 2023
Previous assessed
$139,000
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$13,600
Assessed improvement
$125,400
Land market value
$34,000
Improvement market value
$313,500
Total market value
$347,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1947
Heating
SPACE
Cooling
CENTRAL
Stories
3
Total area
14,005 SF
Lot
0.26 ac (11,326 SF)
Zoning code
MUL-A
APN
053-12-0-073-00
UPID
US80-0840183
Jurisdiction
DAVIDSON
Zoning & alternative use
MUL-A · Old Hickory, TN
Zoning MUL-A · permitted uses
MUL-A · Old Hickory, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Old Hickory. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
SPACE
Cooling
Yes
Stories
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Jon Runion
Individual
Mailing address
2601 OLD HICKORY BLVD, OLD HICKORY, TN 37138-2618
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2023
—
Jonathan D Runion
—
Deed
related
$395,000 · One Bank Of Tennessee
Apr 10, 2023
—
Jonathan D Runion
—
Deed
related
$500,000 · One Bank Of Tennessee
Apr 14, 2022
$1,600,000
Jon Runion
Stonehorse Real Estate Holdings LLC
Warranty Deed
$1,550,000 · Stonehorse Real Estate Holdings LLC
Jan 16, 2018
$3,600,000
Stonehorse Real Est Hldgs LLC
Oatsvall,james O SR & Jean Y
Trustees Deed
$3,250,000 · Bank Of Putnam Cnty
Jan 9, 2018
—
James O Oatsvall SR
Oatsvall,jean Y
Quit Claim Deed
related
—
May 24, 2004
—
Jean Y Oatsvall
Oatsvall,james O SR
Quit Claim Deed
related
—
Jul 3, 2001
$155,338
James Oatsvall
Waynick,david J
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
