Individually Owned Property summary
AI-generated overview
The property is an all-masonry commercial building totaling approximately 2,300 square feet, constructed in 2008. It includes a sprinkler system and a security system, and provides an interior layout with 7 private offices and 3 restrooms. The building is configured for ADA compliance.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
2,334 SF
Lot
1.23 ac (53,579 SF)
Zoning code
MULTI-ZONE
APN
053-16-0-054-00
UPID
US80-0060185
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Recording Studio
-
(Bike/Boat/Book/etc) Store
-
Electronics & Wireless Store
-
Electronics & Wireless Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$375k
Owner & transaction history
since 2016
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Old Hickory, TN
Top alternative use upside
Auto repair, garage
$1.1M
+91.9%
Commercial (general)
$1.1M
+85.6%
Retail stores
$990,000
+66.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$375k
Value range
$338k – $413k
±10% around blend
Estimated value / SF
$161 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
40
$338k
blend $375k
$413k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,334 SF
Lot area
1.23 ac
Year built
2008
Stories
1
APN
053-16-0-054-00
Zoning
MULTI-ZONE
Assessed value
$196,800
Annual tax
$5,751
3
Income approach: direct capitalization
Partial preview
Income approach indication
$770k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$835k
@ 6.5% CAP return
$770k
@ 7% CAP return
$715k
4
Sales comparison
Partial preview
Sales approach indication
$1.51M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.1 mi away · 2,217 SF
15.2 mi away · 2,232 SF
21.2 mi away · 2,501 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$375k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 366 sales
$255
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $161/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+92%
vs current-use indication
Commercial (general)
Retail Stores
Medical Building
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$197k
Move the market yield to see immediate price impact.
Value / SF
$84
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$12k
$248k
$177k
$138k
$14k
$276k
$197k
$153k
$15k
$303k
$216k
$168k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.85M
10.4 mi · Dec 2025 · $911/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,751
Tax year 2023
Assessed value
$196,800
Assessed 2023
Previous assessed
$196,800
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$62,640
Assessed improvement
$134,160
Land market value
$156,600
Improvement market value
$335,400
Total market value
$492,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,334 SF
Lot
1.23 ac (53,579 SF)
Zoning code
MULTI-ZONE
APN
053-16-0-054-00
UPID
US80-0060185
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Old Hickory, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Old Hickory, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MULTI-ZONE
Jurisdiction
Old Hickory, TN
Recorded code
MULTI-ZONE
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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