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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Medical Office Space
3444 Lebanon Pike Hermitage, TN 37076-2006
Entity Owned
10-yr Hold
Free & Clear
Property ID
US80-1501448
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1971
Total area
2,411 SF
Lot
0.78 ac (33,977 SF)
Zoning code
MULTI-ZONE
APN
086-01-0-074-00
UPID
US80-1501448
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
-
Lebanon Road Animal Hospital Veterinary Clinic
-
Baker Kay M DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$430k
Blend (final)
Blend
$530k
Owner & transaction history
3444 Lebanon Pike LLC · 10 yrs held
3444 Lebanon Pike LLC
since 2016
5 recorded transactions
Zoning & alternative use
MULTI-ZONE · Hermitage, 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 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
$360,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$680,000
Current use
OFFICE BUILDING
$665,000
Change: -2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$615,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$220 / 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
$6,217
Tax year 2023
Assessed value
$212,760
Assessed 2023
Previous assessed
$212,760
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$108,720
Assessed improvement
$104,040
Land market value
$271,800
Improvement market value
$260,100
Total market value
$531,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,411 SF
Lot
0.78 ac (33,977 SF)
Zoning code
MULTI-ZONE
APN
086-01-0-074-00
UPID
US80-1501448
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Hermitage, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Hermitage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$680,000
OFFICE BUILDING
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$615,000
MEDICAL BUILDING Current
OFFICE 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
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
3444 Lebanon Pike LLC
Entity
Free & Clear · 10 yrs held
Mailing address
3444 LEBANON PIKE, HERMITAGE, TN 37076-2006
Ownership since
2016
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
Jul 1, 2021
—
Lebanon Pike LLC
—
Deed
related
$400,000 · Bank Of America NA
Jun 1, 2016
$415,000
3444 Lebanon Pike LLC
Kathleen M Baker
Warranty Deed
—
Jan 4, 2011
—
Kathleen M Baker
Baker & Baker Family Ptshp LP
Quit Claim Deed
related
—
Jun 1, 2005
—
Baker & Baker Family Ptshp
Baker,ben A & Kathleen M
Quit Claim Deed
related
—
Dec 29, 1988
$107,500
Ben A Baker
Unknown
Grant Deed
—
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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