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Property profile & analytics
OFF-MARKET
Estimated value
$4,845,000
Medical Office Space
3939 Central Pike Hermitage, TN 37076-3410
Entity Owned
9-yr Hold
Free & Clear
Property ID
US80-0090471
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Total area
22,324 SF
Lot
2.62 ac (114,127 SF)
Zoning code
OL
APN
086-00-0-333-00
UPID
US80-0090471
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
-
Summit Primary Care Medical Clinic
-
Gaston Robert B MD Pediatrician Physician
-
Conrey Laura Medical Clinic
-
Stubblefield Jay D Employment Agency
-
Dr. Mindi Hamby, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.30M
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.85M
Owner & transaction history
Hca Health Svcs Of Tennessee INC · 9 yrs held
Hca Health Svcs Of Tennessee INC
since 2016
5 recorded transactions
Zoning & alternative use
OL · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,740,000
6.5%
$5,300,000
7%
$4,920,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,295,000
Current use
OFFICE BUILDING
$6,145,000
Change: -2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,690,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$4.85M
Range $4.36M – $5.33M · ±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
$217 / 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
$68,959
Tax year 2023
Assessed value
$2,360,000
Assessed 2023
Previous assessed
$2,360,000
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$547,800
Assessed improvement
$1,812,200
Land market value
$1,369,500
Improvement market value
$4,530,500
Total market value
$5,900,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
22,324 SF
Lot
2.62 ac (114,127 SF)
Zoning code
OL
APN
086-00-0-333-00
UPID
US80-0090471
Jurisdiction
DAVIDSON
Zoning & alternative use
OL · Hermitage, TN
Zoning OL · permitted uses
OL · 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
MEDICAL BUILDING Current
Est. value
$6.3M
OFFICE BUILDING
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
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
1995
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.62 ac
Current owner
From public records · entity-resolved
Hca Health Svcs Of Tennessee INC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 80610, INDIANAPOLIS, IN 46280-0610
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 26, 2016
$5,700,000
Hca Health Svcs Of Tennessee INC
Summit Medical Management Gp
Grant Deed
—
Feb 27, 2013
—
Summit Management LLC
Summit Management Services LLC
Quit Claim Deed
related
—
Oct 1, 2004
$2,675,000
Summit Management Services LLC
Hcpi Of Tennessee LLC
Grant Deed
$2,675,000 · Beacon Federal
Jul 24, 2000
—
Medical Office Buildings Tenn
Hca Health Services Tenn INC
Quit Claim Deed
related
—
—
—
Summit Management Services LLC
—
Deed Of Trust
related
$2,350,000 · Wilson Bank & Trust
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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