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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Office buildings
3440 Lebanon Pike Hermitage, TN 37076-2006
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US80-0071643
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
FRAME
Total area
3,592 SF
Lot
0.81 ac (35,284 SF)
Zoning code
CL
APN
086-01-0-073-00
UPID
US80-0071643
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
-
TitleMax Title Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$985k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Ivy Tsou · 16 yrs held
Ivy Tsou
since 2010
5 recorded transactions
Zoning & alternative use
CL · Hermitage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+2.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$990,000
Current use
MEDICAL BUILDING
$1,015,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$226 / 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
$9,869
Tax year 2023
Assessed value
$337,760
Assessed 2023
Previous assessed
$337,760
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$197,600
Assessed improvement
$140,160
Land market value
$494,000
Improvement market value
$350,400
Total market value
$844,400
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
Off-Market
Year built
1983
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,592 SF
Lot
0.81 ac (35,284 SF)
Zoning code
CL
APN
086-01-0-073-00
UPID
US80-0071643
Jurisdiction
DAVIDSON
Zoning & alternative use
CL · Hermitage, TN
Zoning CL · permitted uses
CL · 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
OFFICE BUILDING Current
Est. value
$990,000
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1983
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Ivy Tsou
Individual
Mailing address
944 DAFFODIL WAY, SAN JOSE, CA 95117-2309
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2010
$700,000
Ivy Tsou
Lfr Lebanon Road LLC
Warranty Deed
—
May 12, 2006
—
Lfr Lebanon Road LLC
Mrs Winners
Quit Claim Deed
related
—
May 12, 2006
$109,330
Lfr Lebanon Road LLC
Mrs Winners
Grant Deed
—
Aug 23, 1989
$336,435
Winners LP Rtm
Unknown
Grant Deed
—
—
—
Lfr Lebanon Road LLC
—
Deed Of Trust
related
$564,000 · Cratos Capital Management LLC
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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