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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Retail space
3288 Mt Juliet Rd Hermitage, TN 37076-4806
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2033324
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Construction
FRAME
Total area
9,499 SF
Lot
1.81 ac (78,844 SF)
Zoning code
C1
APN
118 06802
UPID
US80-2033324
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Plaza West INC · 4 yrs held
Plaza West INC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
C1 · Hermitage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+86.9%
Commercial (general)
$2.3M
+73.3%
Auto repair, garage
$1.9M
+43.2%
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 Hermitage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermitage 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
$1,625,000
ML approach
$1,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,295,000
Current use
MEDICAL BUILDING
$2,425,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,250,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,860,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±10% · vs last sale $1.83M (May 25 2022)
Last sale anchor
$1.83M
May 25 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
$182 / 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
$6,630
Tax year 2023
Assessed value
$347,320
Assessed 2023
Previous assessed
$347,320
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$71,480
Assessed improvement
$275,840
Land market value
$178,700
Improvement market value
$689,600
Total market value
$868,300
Applied tax rate
95.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
9,499 SF
Lot
1.81 ac (78,844 SF)
Zoning code
C1
APN
118 06802
UPID
US80-2033324
Jurisdiction
WILSON
Zoning & alternative use
C1 · Hermitage, TN
Zoning C1 · permitted uses
C1 · Hermitage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermitage. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2012
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Plaza West INC
Entity
Mailing address
560 SMT OAKS CT, NASHVILLE, TN 37221-1429
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2022
$1,830,000
Plaza West INC
John J Rodelo
Warranty Deed
—
Jul 27, 2011
—
Robinson Devs LP
—
Trustees Deed
related
$800,000 · Pinnacle National Bank
Dec 27, 2010
$27,000
Robinson Devs LP
Wilson Bk & Trust
Grant Deed
—
Sep 29, 2009
$71,595
Wilson Bk & Trust
Lee Robert E
Trustees Deed
related
—
May 4, 2009
—
Steven Isbell
Jones,melissa
Quit Claim Deed
related
—
Feb 2, 2009
—
Melissa Jones
Jones,charles J & Melissa
Quit Claim Deed
related
—
Sep 6, 2007
$90,000
Charles J Jones
Watts,richard & Dorothy S
Warranty Deed
$72,000 · Wilson Bank & Trust
—
—
Richard H Watts
—
Deed Of Trust
related
$360,000 · Wilson Bank & Trust
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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