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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Turn key restaurants
4119 Lebanon Pike, Hermitage, TN 37076-1204
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0038332
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Total area
5,187 SF
Lot
1.23 ac (53,579 SF)
Zoning code
SCR
APN
075-10-0-210-00
UPID
US80-0038332
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
-
Hootie's Burger Bar Restaurant Take-out & Catering
-
Hooters Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$2.16M
Owner & transaction history
Mannat Hotels LLC · 5 yrs held
Mannat Hotels LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
SCR · 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
$2,470,000
ML approach
$2,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,580,000
Current use
AUTO REPAIR, GARAGE
$2,540,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,455,000
Change: -5% · Conversion: Easy
RETAIL STORES
$2,200,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10% · vs last sale $2.13M (Mar 25 2021)
Last sale anchor
$2.13M
Mar 25 2021
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
$416 / 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
$16,834
Tax year 2023
Assessed value
$576,120
Assessed 2023
Previous assessed
$576,120
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$300,040
Assessed improvement
$276,080
Land market value
$750,100
Improvement market value
$690,200
Total market value
$1,440,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,187 SF
Lot
1.23 ac (53,579 SF)
Zoning code
SCR
APN
075-10-0-210-00
UPID
US80-0038332
Jurisdiction
DAVIDSON
Zoning & alternative use
SCR · Hermitage, TN
Zoning SCR · permitted uses
SCR · 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
RESTAURANT Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.2M
RESTAURANT Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1987
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Mannat Hotels LLC
Entity
Mailing address
4144 LEBANON PIKE, HERMITAGE, TN 37076-1224
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2021
$2,125,000
Mannat Hotels LLC
John And Berna Bruzzone Fam Prtnrsh
Special Warranty Deed
$1,730,032 · Peoples Bank & Trust Co
Apr 16, 2013
—
John & Berna Bruzzone Family P
Store Investment Corp
Grant Deed
—
Dec 27, 2012
$10
Store Investment Corp
Hermitage Wings LLC
Warranty Deed
$1,975,000 · Citibank Fsb
Oct 29, 2004
—
Ffca Co-investment
Smith Foods II
Quit Claim Deed
related
—
Oct 29, 2004
$730,000
Hermitage Wings LLC
Ffca Co-investment
Grant Deed
—
Jul 1, 1993
$375,000
Ffca Co-investment Ltd Partnersh
Unknown
Grant Deed
—
Jul 1, 1993
—
Ffca Co Investment LP
Unknown,
Grant Deed
related
—
Jun 30, 1993
$500,000
Smith Foods II Limited Partnersh
Unknown,
Grant Deed
—
—
—
Hermitage Wings LLC
—
Deed Of Trust
related
$9,100 · J P Morgan Chase Bank
—
—
John & Berna Bruzzone Family P
—
Deed Of Trust
related
$800,000 · Santa Cruz County Bank
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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