Individually Owned Property summary
AI-generated overview
This fully equipped, recently renovated commercial building at 4201 Central Pike in Hermitage, Tennessee, is available for $999,999. Located in Davidson County, zip code 37076, this 0.88-acre property offers exceptional versatility. Ideal for a daycare center, the building is already equipped with five classrooms and four bathrooms, a mini-kitchen, and a storage room. Additional office space is also included. Recent renovations are extensive, encompassing new drywall, a complete fire alarm system upgrade, updated plumbing and electrical systems, new toilets and sinks, a new air conditioning unit, and nearly completed flooring. The roof is also in excellent condition, having been recently replaced. The property's strategic location offers convenient access to interstate highways, ensuring easy commutes for employees and clients. An added benefit is the inclusion of an additional lot behind the main building, providing ample space for expansion or future development. This presents a unique opportunity for a variety of businesses seeking a move-in ready space with significant potential for growth. The property is zoned for commercial use.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
3,454 SF
Lot
0.88 ac (38,333 SF)
Zoning code
OR20
APN
087-00-0-032-02
UPID
US80-1074147
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Architect
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
since 2019
5 recorded transactions
Zoning & alternative use
OR20 · Hermitage, TN
Top alternative use upside
Medical building
$975,000
+2.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$650k
Value range
$585k – $715k
±10% around blend
Estimated value / SF
$188 / SF
Confidence
High
10 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
100
$585k
blend $650k
$715k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,454 SF
Lot area
0.88 ac
Year built
1972
Stories
1
APN
087-00-0-032-02
Zoning
OR20
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.68M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.2 mi away · 4,080 SF
9.5 mi away · 2,822 SF
10.4 mi away · 3,077 SF
11.7 mi away · 4,416 SF
12.0 mi away · 3,432 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$650k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 620 sales
$275
-32%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $188/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+2%
vs current-use indication
Office Building · current use
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
Not available
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$650k
Move the market yield to see immediate price impact.
Value / SF
$188
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$41k
$819k
$585k
$455k
$46k
$910k
$650k
$506k
$50k
$1.00M
$715k
$556k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$1.50M
8.5 mi · Dec 2025 · $370/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Land market value
$114,800
Improvement market value
$337,400
Total market value
$452,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,454 SF
Lot
0.88 ac (38,333 SF)
Zoning code
OR20
APN
087-00-0-032-02
UPID
US80-1074147
Jurisdiction
DAVIDSON
Zoning & alternative use
OR20 · Hermitage, TNZoning OR20 · permitted uses
OR20 · Hermitage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.88 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OR20
Jurisdiction
Hermitage, TN
Recorded code
OR20
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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