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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Warehouses
3532 Central Pike Hermitage, TN 37076-2028
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1831284
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2013
Total area
6,500 SF
Lot
4 ac (174,240 SF)
Zoning code
MULTI-ZONE
APN
085-00-0-210-00
UPID
US80-1831284
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
-
Ewing Outdoor Supply Garden Center Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$840k
Owner & transaction history
Central Pike Land Gp · 4 yrs held
Central Pike Land Gp
since 2021
Last sale
$750,000
7 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
$1,090,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,395,000
Current use
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $750k (Nov 2 2021)
Last sale anchor
$750k
Nov 2 2021
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
$129 / 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
$9,269
Tax year 2023
Assessed value
$317,200
Assessed 2023
Previous assessed
$296,040
+7.1% YoY
Effective rate
2.92%
On assessed value
Assessed land
$121,600
Assessed improvement
$195,600
Land market value
$304,000
Improvement market value
$489,000
Total market value
$793,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,500 SF
Lot
4 ac (174,240 SF)
Zoning code
MULTI-ZONE
APN
085-00-0-210-00
UPID
US80-1831284
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Hermitage, TN
Zoning 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
Hermitage. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
WAREHOUSE, STORAGE Current
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
2013
Heating
NONE
Cooling
Yes
Stories
1
Lot
4 ac
Current owner
From public records · entity-resolved
Central Pike Land Gp
Individual
Mailing address
3441 E HARBOUR DR, PHOENIX, AZ 85034-7229
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
$750,000
Central Pike Land Gp
Binkley Family Investments LP
Special Warranty Deed
—
Nov 2, 2021
$1,850,000
Ewing Irrigation Products INC
Central Pike Land Gp
Special Warranty Deed
—
Sep 29, 2020
—
Binkley Family Investments LP
—
Deed
related
$234,400 · Reliant Bk
Feb 24, 2017
—
Binkley Family Invesments LP
Binkley Family Invesments LP
Quit Claim Deed
related
—
Feb 1, 2017
—
Binkley Family Investments LP
Binkley Family Investments LP
Quit Claim Deed
related
—
Apr 11, 2013
—
Binkley Family Investments LP
—
Deed Of Trust
related
$1,485,000 · Pinnacle Bank
—
—
Binkley Family Investments LP
—
Deed Of Trust
related
$234,400 · Community Bk
—
—
Binkley Family Investments LP
—
Loan Modification
related
$1,485,000 · Pinnacle Bank
—
—
Binkley Family Investments LP
—
Loan Modification
related
$234,400 · Reliant Bk
—
—
Binkley Family Investment LP
—
Deed Of Trust
related
$450,000 · Pinnacle National 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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