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Property profile & analytics
OFF-MARKET Estimated value $4,535,000
Drug stores

3715 Hillsboro Pike Nashville, TN 37215-2117

9,662 SF 0.38 ac lot Built 1976
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-0434671
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1976
Total area 9,662 SF
Lot 0.38 ac (16,553 SF)
Zoning code SCR
APN 117-11-0-006-00
UPID US80-0434671
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
  • CVS Photo (Bike/Boat/Book/etc) Store
  • CVS Cosmetic Store
  • MinuteClinic at CVS Medical Clinic
  • CVS Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.54M
Owner & transaction history
Schreiner Development Knoxville LLC · 4 yrs held
Schreiner Development Knoxville LLC
since 2022
Last sale
$4.9M
7 recorded transactions
2022
Price N/A
2018
$4.9M
2014
Price N/A
2011
Price N/A
2001
Price N/A
1992
$60,000
1969
Price N/A
Zoning & alternative use
SCR · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SCR, Shopping Center Regional District. The SCR district will implement the super community and regional activity center policies of the general plan. This district is designed for retail and service trades catering to a regional market area, with bulk standards and a broad range of permitted uses supporting the development of shopping malls with large speci…

Zone name Shopping Center Regional
General category COMMERCIAL
Zone area 1,249.66 ac
Source Zoning Ordinance
Top alternative use upside
Auto repair, garage $5.9M +31.1%
Commercial (general) $4.9M +8.5%
Restaurant $4.8M +6.8%
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