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Property profile & analytics
OFF-MARKET
Estimated value
$11,205,000
Retail properties & Spaces
40 White Brg Pike Nashville, TN 37205-1411
Entity Owned
Absentee Owner
Free & Clear
Property ID
US80-0374505
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1980
Total area
37,156 SF
Lot
9.58 ac (417,305 SF)
Zoning code
SCC
APN
103-15-0-043-00
UPID
US80-0374505
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
-
NOVEL Lions Head by Crescent Communities Apartment Complex
-
Sonobana Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.22M
Blend (final)
Blend
$11.21M
Owner & transaction history
Richland Creek Mf Owner LLC
Richland Creek Mf Owner LLC
since 2025
Last sale
$14.6M
6 recorded transactions
Zoning & alternative use
SCC · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$18.7M
+8.5%
Restaurant
$18.3M
+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
by Request
ML approach
$12,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$17,185,000
Current use
COMMERCIAL (GENERAL)
$18,650,000
Change: +9% · Conversion: Easy
RESTAURANT
$18,345,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$11.21M
Range $10.08M – $12.33M · ±10% · vs last sale $14.58M (Dec 31 2025)
Last sale anchor
$14.58M
Dec 31 2025
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
$302 / 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
$373,894
Tax year 2023
Assessed value
$11,490,280
Assessed 2023
Previous assessed
$11,490,280
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$5,842,280
Assessed improvement
$5,648,000
Land market value
$14,605,700
Improvement market value
$14,120,000
Total market value
$28,725,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
37,156 SF
Lot
9.58 ac (417,305 SF)
Zoning code
SCC
APN
103-15-0-043-00
UPID
US80-0374505
Jurisdiction
DAVIDSON
Zoning & alternative use
SCC · Nashville, TN
Zoning SCC · permitted uses
SCC · 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
$17.2M
COMMERCIAL (GENERAL)
Est. value
$18.7M
RESTAURANT
Est. value
$18.3M
RETAIL STORES Current
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Lot
9.58 ac
Current owner
From public records · entity-resolved
Richland Creek Mf Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3550 LENOX RD NE STE #2000, ATLANTA, GA 30326-1811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$14,580,000
Richland Creek Mf Owner LLC
Scg Lions Head LLC
Special Warranty Deed
—
May 18, 2009
$13,500,000
Lions Head Vlg Investors
Centro Ga Lions Head Vlg LLC
Grant Deed
—
Nov 4, 2003
—
Cbl Lion Head Village LLC
Lions Head Village LP
Quit Claim Deed
related
$77,000,000 · Merrill Lynch Mortgage Lending
Jul 2, 1998
$5,888,405
Courtyard At Hickory Hollow LP
Nashland Associates
Trustees Deed
—
Jul 2, 1998
$8,238,818
Lions Head Village LP
Nashland Associates
Grant Deed
—
Jul 2, 1998
—
Hickory Hollow Mall LP
Nashland Associates
Trustees Deed
related
—
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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