Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Office buildings
401 Ctr St Old Hickory, TN 37138-2417
Entity Owned
4-yr Hold
Property ID
US80-0366648
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Total area
16,299 SF
Lot
5.73 ac (249,599 SF)
Zoning code
R8
APN
063-08-0-114-00
UPID
US80-0366648
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
-
GrowthOps CRM+ (Bike/Boat/Book/etc) Store Corporate Office
-
GOD International Basketball Court Sports Field & Court Construction Company
-
The Church Community for GOD Church
-
Jaimee Arroyo Physician
-
Nyumbarista | Center Street Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.83M
Owner & transaction history
Hermitage Properties LLC · 4 yrs held
Hermitage Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
R8 · Old Hickory, 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 Old Hickory submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Hickory 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±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
$112 / 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
$5,134
Tax year 2023
Assessed value
$175,692
Assessed 2023
Previous assessed
$825,008
-78.7% YoY
Effective rate
2.92%
On assessed value
Assessed land
$4,732
Assessed improvement
$170,960
Land market value
$159,100
Improvement market value
$6,512,400
Total market value
$6,671,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Heating
NONE
Cooling
CENTRAL
Buildings
8
Stories
1
Rooms
16
Bathrooms
30
Total area
16,299 SF
Lot
5.73 ac (249,599 SF)
Zoning code
R8
APN
063-08-0-114-00
UPID
US80-0366648
Jurisdiction
DAVIDSON
Zoning & alternative use
R8 · Old Hickory, TN
Zoning R8 · permitted uses
R8 · Old Hickory, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Old Hickory. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Rooms
16
Bathrooms
30
Lot
5.73 ac
Current owner
From public records · entity-resolved
Hermitage Properties LLC
Entity
Mailing address
401 CTR ST, OLD HICKORY, TN 37138-2417
Mailing matches property
Yes
Owner-occupied
Yes
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
—
Hermitage Properties LLC
Very Good Properties LLC
Deed
related
—
Mar 1, 2021
—
Very Good Properties LLC
The Gjxmi Group LLC
Quitclaim Deed
related
—
Oct 10, 2019
$283,000
The Gixmi Group LLC
St John Chrysostom Romanian Orthodo
Warranty Deed
$226,400 · Franklin Synergy Bank
Sep 19, 2019
—
Global Outreach Developments I
—
Trustees Deed
related
$418,000 · Hometrust Bk
Jan 17, 2019
$335,000
St John Chrysostom Church
Watkins,timothy J
Warranty Deed
$268,000 · Wilson Bk&tr
Nov 1, 2018
—
Global Developments International
—
Deed
related
$595,000 · Hometrust Bank
Jan 8, 2018
$200,000
Timothy J Watkins
Wauford,george R
Warranty Deed
$150,000 · Wilson Bk&tr
Jun 20, 2017
—
Global Outreach Developments I
—
Trustees Deed
related
$1,132,000 · Hometrust Bk
Jan 9, 2009
$363,000
Global Outreach Devs Intl
C F Ventures LLC
Warranty Deed
$372,710 · Jefferson Federal Bank
Mar 26, 2008
$325,000
C F Ventures LLC
The Metropolitan Government Of Nash
Quit Claim Deed
related
$250,000 · Natchez Investments INC
—
—
Global Outreach Devs Intl
—
Loan Modification
related
$300,000 · Hometrust Bk
—
—
Global Outreach Dev Internatio
—
Loan Modification
related
$650,000 · Jefferson Fed'l Bk
—
—
Global Outreach Dev Intl
—
Loan Modification
related
$650,000 · Jefferson Federal Bank
—
—
Global Outreach Dev Intl
—
Deed Of Trust
related
$75,000 · Jefferson Federal Bank
—
—
Global Outreach Developments I
—
Deed Of Trust
related
$1,139,000 · Hometrust Bk
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 401 Ctr St?
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.
