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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Medical Office Space
4105 Hillsboro Pike Nashville, TN 37215-2749
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1536098
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Total area
6,355 SF
Lot
0.49 ac (21,344 SF)
Zoning code
SCR
APN
131-02-0-205-00
UPID
US80-1536098
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
-
Nashville Fine Rugs (Bike/Boat/Book/etc) Store Carpet & Flooring Store
-
Village Green Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.40M
Owner & transaction history
Midtown Property Investments LLC · 1 yrs held
Midtown Property Investments LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
SCR · Nashville, 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 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
$1,465,000
ML approach
$1,645,000
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,035,000
7%
$960,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,220,000
Current use
OFFICE BUILDING
$1,855,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,840,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.25M (Apr 25 2025)
Last sale anchor
$1.25M
Apr 25 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
$220 / 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
$59,570
Tax year 2023
Assessed value
$1,830,680
Assessed 2023
Previous assessed
$1,830,680
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,323,320
Assessed improvement
$507,360
Land market value
$3,308,300
Improvement market value
$1,268,400
Total market value
$4,576,700
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
2018
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,355 SF
Lot
0.49 ac (21,344 SF)
Zoning code
SCR
APN
131-02-0-205-00
UPID
US80-1536098
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
MEDICAL BUILDING Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
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
2018
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Midtown Property Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2002 RICHARD JONES RD STE C200, NASHVILLE, TN 37215-2963
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Midtown Property Investments LLC
Midtown Realty Partners
Deed
related
—
Apr 25, 2025
$1,248,000
Park Place 4105 Hillsboro Pike LLC
Midtown Property Investments LLC
Special Warranty Deed
—
Dec 17, 2019
—
Midtown Realty Partners
—
Grant Deed
related
$3,600,000 · Miscellaneous Ins Co
Aug 7, 2015
—
Midtown Realty Partners
Midtown Realty Partners
Quit Claim Deed
related
—
Jan 2, 2013
—
Midtown Realty Partners
Midtown Property Investments L
Quit Claim Deed
related
—
May 3, 2007
—
Midtown Property Invs LLC
Bread & Co INC
Quit Claim Deed
related
—
May 3, 2006
—
Bread & Co INC
Murphree John W III
Quit Claim Deed
related
—
Apr 25, 2006
$1,909,500
Murphree John W III Tr
Hillsboro Holdings LLC
Grant Deed
$1,651,000 · Pinnacle National Bank
Aug 5, 2004
$800,000
Bread & Co INC
Doyle,carol L
Warranty Deed
—
Aug 5, 2004
$600,000
Bread & Co INC
Johnson,windfrd C
Grant Deed
—
Aug 5, 2004
$1,650,000
Hillsboro Holdings LLC
Bread & Co LLC
Grant Deed
related
$1,458,716 · H P Ingram
—
—
Hillsboro Holdings LLC
—
Deed Of Trust
related
$1,475,000 · Middle Tennessee Bank
—
—
Midtown Property Invs LLC
—
Deed Of Trust
related
$2,300,000 · Pinnacle National Bank
—
—
Bread & Co
—
Loan Modification
related
$649,000 · Pinnacle Nat'l Bk
—
—
Midtown Realty Partners Capsta
—
Deed Of Trust
related
$1,800,000 · Capstar 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.
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