New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,725,000
Drug stores
3715 Hillsboro Pike, Nashville, TN 37215-2117
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
$4.73M
Owner & transaction history
Schreiner Development Knoxville LLC · 4 yrs held
Schreiner Development Knoxville LLC
since 2022
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
SCR · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.9M
+31.1%
Commercial (general)
$4.9M
+8.5%
Restaurant
$4.8M
+6.8%
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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
$4,535,000
ML approach
$4,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,470,000
Current use
AUTO REPAIR, GARAGE
$5,855,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,850,000
Change: +9% · Conversion: Easy
RESTAURANT
$4,770,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$4.73M
Range $4.25M – $5.20M · ±10% · vs last sale $4.91M (Mar 7 2022)
Last sale anchor
$4.91M
Mar 7 2022
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
$489 / 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
$82,318
Tax year 2023
Assessed value
$2,529,760
Assessed 2023
Previous assessed
$1,026,280
+146.5% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,026,280
Assessed improvement
$1,503,480
Land market value
$2,565,700
Improvement market value
$3,758,700
Total market value
$6,324,400
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1976
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,662 SF
Lot
0.38 ac (16,553 SF)
Zoning code
SCR
APN
117-11-0-006-00
UPID
US80-0434671
Jurisdiction
DAVIDSON
Zoning & alternative use
SCR · Nashville, TN
Zoning SCR · permitted uses
SCR · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RESTAURANT
Est. value
$4.8M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
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
1976
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Schreiner Development Knoxville LLC
Entity
Mailing address
116 JEFFERSON ST S STE #204, HUNTSVILLE, AL 35801-4890
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
—
Schreiner Development Knoxville LLC
Tennessee Cvs Pharmacy LLC
Quit Claim Deed
related
—
Mar 7, 2018
$4,911,500
Cvs Pharmacy LLC
3715 Hillsboro Holdings LLC
Grant Deed
—
Jul 7, 2014
—
3715 Hillsboro Holdings LLC
Vorhees,william S
Quit Claim Deed
related
—
Mar 7, 2011
—
William S Voorhees
Voorhees William S
Quit Claim Deed
related
—
Oct 18, 2001
—
Suntrust Bank NA
William S Voorhees Estate
Quit Claim Deed
related
—
Sep 30, 1992
$60,000
Shn Partnership
Unknown,
Grant Deed
—
—
—
Brown N M
—
Deed Of Trust
related
$100,000 · Suntrust Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3715 Hillsboro Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
