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Property profile & analytics
FOR LEASE
Office buildings
3055 Lebanon Pike Nashville, TN 37214
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-0432510
For Lease
1 / 2
$25,625,000
3055 Lebanon Pike, Nashville, TN 37214
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
146,419 SF
Lot
21.73 ac (946,559 SF)
Zoning code
OR20
APN
085-00-0-037-00
UPID
US80-0432510
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
-
Navita MSP IT Consulting Firm (Bike/Boat/Book/etc) Store
-
STRIVE Collegiate Academy Charter School High School
-
Metro Social Services City Government Office
-
Police Department-Crime Stoppers Charitable Organization Social Service Agency
-
Security One Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.77M
Blend (final)
Blend
$25.63M
Owner & transaction history
Hp Lebanon Pike LLC
Hp Lebanon Pike LLC
since 2025
6 recorded transactions
Zoning & alternative use
OR20 · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$42.4M
+174.4%
Apartment house (5+ units)
$36.0M
+133.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$15,450,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$42,390,000
Change: +174% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$36,015,000
Change: +133% · Conversion: Easy
Blend value · Realmo final
$25.63M
Range $23.06M – $28.19M · ±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
$175 / 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
$473,132
Tax year 2023
Assessed value
$14,540,000
Assessed 2023
Previous assessed
$14,540,000
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,514,480
Assessed improvement
$13,025,520
Land market value
$3,786,200
Improvement market value
$32,563,800
Total market value
$36,350,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1974
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
2
Total area
146,419 SF
Lot
21.73 ac (946,559 SF)
Zoning code
OR20
APN
085-00-0-037-00
UPID
US80-0432510
Jurisdiction
DAVIDSON
Zoning & alternative use
OR20 · Nashville, TN
Zoning OR20 · permitted uses
OR20 · 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
OFFICE BUILDING Current
Est. value
$15.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$42.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$36.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1974
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
6
Lot
21.73 ac
Current owner
From public records · entity-resolved
Hp Lebanon Pike LLC
Entity
Mailing address
103 CONTINENTAL PL STE #200, BRENTWOOD, TN 37027-1042
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
Hp Lebanon Pike LLC
Donelson Corporate Centre LP
Special Warranty Deed
$10,000,000 · Truxton Trust Company
Apr 17, 2019
—
Donelson Corpotrate Center
—
Deed
related
$180,000 · Wells Fargo Bank NA
Sep 5, 2003
$400,000
Fitness Holdings LP Donelson
Donelson Corporate Centre LP
Grant Deed
related
—
May 20, 1998
—
Donelson Corporate Centre Ltd
Hca Realty INC
Grant Deed
related
—
—
—
Donelson Cedarstone Associates
—
Loan Modification
related
$1,683,929 · Cedarstone Bank
—
—
Corporate Centre LP Donelson
—
Deed Of Trust
related
$18,000,000 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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