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    Property profile & analytics

    4050 Andrew Jackson Pkwy Hermitage, TN 37076-2220

    • Strip malls
    • 4,860 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $7,390,000
    Last Sale
    Nov 16, 2021
    $6,450,000
    Location Intelligence
    Property ID
    US80-0054162
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • All Things Audio & Upholstery / Auto Upholsterer
    • D H S Holding Co / Holding Company

    Property Details for 4050 Andrew Jackson Pkwy

    Year built
    1974
    Lot size
    0.49 lot acres
    Property size
    4,860 SF
    Zone code
    CL
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    086-00-0-204-00
    APU
    8600020400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,980,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,275,000
      6.5%
      $5,835,000
      7%
      $6,725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,960,000
      Geo Method
      $6,200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,825,000
      Retail
      $5,530,000
      Mixed-Use
      $6,580,000
      Hospitality
      $6,375,000
      Educational
      $6,300,000
      Residential Income
      $6,015,000
      Energy
      $6,335,000
      Income-Based Land
      $5,375,000
      Food Service
      $6,220,000

    Location Insight

    • Map
    • Local Demand
    City
    Hermitage
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6087
    Latitude
    36.186
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,124
    $68,320
    $107,040
    $175,360
    -
    $170,800
    $267,600
    $438,400

    Comparable in this City

    • Value Estimation
      $465,000
      6,018 SF

      4615 Lebanon Pikea

      SHOPPING CENTER, STRIP CENTER • 6,018 SF
      4615 Lebanon Pikea, Hermitage, TN 37076-1300
      View Details
    • Value Estimation
      $270,000
      8,550 SF

      3438 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 8,550 SF
      3438 Lebanon Pike, Hermitage, TN 37076-2006
      View Details
    • Value Estimation
      $1,070,000
      31,890 SF

      3910 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 31,890 SF
      3910 Lebanon Pike, Hermitage, TN 37076
      View Details
    • Value Estimation
      $275,000
      4,410 SF

      3466 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 4,410 SF
      3466 Lebanon Pike, Hermitage, TN 37076-2006
      View Details
    • Value Estimation
      $650,000
      7,304 SF

      4124 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 7,304 SF
      4124 Lebanon Pike, Hermitage, TN 37076-1205
      View Details
    • Value Estimation by Request
      31,157 SF

      3908 Lebanon Pike

      SHOPPING CENTER, STRIP CENTER • 31,157 SF
      3908 Lebanon Pike, Hermitage, TN 37076-2383
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Lebanon Pike

      Retail space available in a busy Nashville shopping center.
      4485 Lebanon Pike, Nashville, TN 37076
      View Details
    • Contact for pricing
      8,624 SF

      Retail Space in Hermitage, TN

      Retail space available in Hermitage, Tennessee shopping center.
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      Retail space available October 2025 in Hermitage, Tennessee.
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      Retail Space with Pylon Signage

      Retail space with strong consumer base and pylon signage.
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    • $26 SF/Yr
      2,020 SF

      Retail Space on Lebanon Pike

      Retail space available for lease in Hermitage, Tennessee.
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      View Details
    • Contact for pricing
      5,500 SF

      Retail Space on Lebanon Pike

      5,500 SF retail space available for rent.
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      View Details
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    Hermitage, TN 37076-2220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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