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    Property profile & analytics

    3423 Lebanon Pike Hermitage, TN 37076-2083

    • Medical offices
    • 2,552 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US80-3514278
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 3423 Lebanon Pike

    Year built
    1988
    Lot size
    0.33 lot acres
    Property size
    2,552 SF
    Zone code
    CS
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    086-00-0-233-00
    APU
    8600023300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $280,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $230,000
      Mixed-Use
      $230,000
      Hospitality
      $275,000
      Educational
      $285,000
      Residential Income
      $260,000
      Energy
      $260,000
      Income-Based Land
      $310,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Hermitage
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6274
    Latitude
    36.1891
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,464
    $80,520
    $106,480
    $187,000
    -
    $201,300
    $266,200
    $467,500

    Comparable in this City

    • Value Estimation by Request
      139,464 SF

      Frist Blvd

      MEDICAL BUILDING • 139,464 SF
      Frist Blvd, Hermitage, TN 37076
      View Details
    • Value Estimation by Request
      22,324 SF

      3939 Central Pike

      MEDICAL BUILDING • 22,324 SF
      3939 Central Pike, Hermitage, TN 37076-3410
      View Details
    • Value Estimation by Request
      95,676 SF

      5651 Frist Blvd

      MEDICAL BUILDING • 95,676 SF
      5651 Frist Blvd, Hermitage, TN 37076-2054
      View Details
    • Value Estimation
      $965,000
      35,366 SF

      3810 Central Pike101-114

      MEDICAL BUILDING • 35,366 SF
      3810 Central Pike101-114, Hermitage, TN 37076-3494
      View Details
    • Value Estimation
      $270,000
      1,312 SF

      4761 Andrew Jackson Pkwy Ste, Unit 108

      MEDICAL BUILDING • 1,312 SF
      4761 Andrew Jackson Pkwy Ste, Hermitage, TN 37076-1354
      View Details
    • Value Estimation by Request
      1,008 SF

      4779 Andrew Jackson Pkwy Ste, Unit 202

      MEDICAL BUILDING • 1,008 SF
      4779 Andrew Jackson Pkwy Ste, Hermitage, TN 37076-5320
      View Details

    Similar Nearby for Sale

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    • $265,900
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      Hermitage Land Ready to Build

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      High-visibility lots, ideal for development.
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    Similar Nearby for Lease

    • $19 SF/Yr
      5,150 SF

      Medical Office Space Available

      Medical office space for rent near Summit Hospital.
      3810 Central Pike, Hermitage, TN 37076
      View Details
    • $18 SF/Yr
      2,675 SF

      Hermitage Office Space Available

      Office space available for lease in Hermitage, Tennessee.
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    • Contact for pricing
      15,600 SF

      Hermitage Office Space For Lease

      15,600 SF Office/Flex Space in Nashville
      1300 Central Ct, Nashville, TN 37076
      View Details
    • Contact for pricing
      1,560 SF

      Hermitage Office Space For Rent

      Office space available for lease in Hermitage, Tennessee.
      1300-1320 Central Ct, Hermitage, TN 37076
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    • Contact for pricing
      5,500 SF

      Retail Space on Lebanon Pike

      5,500 SF retail space available for rent.
      3436 Lebanon Pike, Hermitage, TN 37076
      View Details
    • Contact for pricing
      2,808 SF

      Retail Space with Pylon Signage

      Retail space with strong consumer base and pylon signage.
      4642-4724 Lebanon Pike, Hermitage, TN 37076
      View Details
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    Hermitage, TN 37076-2083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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