Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,795,000
Strip malls
430-432 Sam Ridley Pkwy Smyrna, TN 37167
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US80-1039354
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
FRAME
Total area
8,678 SF
Lot
2 ac (87,120 SF)
Zoning code
C-2
APN
028-046.00-000
UPID
US80-1039354
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$1.80M
Owner & transaction history
Charles L Phillips · 11 yrs held
Charles L Phillips
since 2014
7 recorded transactions
Zoning & alternative use
C-2 · Smyrna, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+97.9%
Auto repair, garage
$2.3M
+57.6%
Office building
$1.9M
+29.4%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,485,000
Current use
COMMERCIAL (GENERAL)
$2,940,000
Change: +98% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,340,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$1,920,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$1,775,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$1,600,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.80M
Range $1.62M – $1.97M · ±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
$207 / 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
$22,757
Tax year 2023
Assessed value
$947,440
Assessed 2024
Previous assessed
$947,440
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$556,160
Assessed improvement
$391,280
Land market value
$1,390,400
Improvement market value
$978,200
Total market value
$2,368,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
3
Rooms
3
Total area
8,678 SF
Lot
2 ac (87,120 SF)
Zoning code
C-2
APN
028-046.00-000
UPID
US80-1039354
Jurisdiction
RUTHERFORD
Zoning & alternative use
C-2 · Smyrna, TN
Zoning C-2 · permitted uses
C-2 · Smyrna, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Smyrna. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
2008
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
3
Rooms
3
Lot
2 ac
Current owner
From public records · entity-resolved
Charles L Phillips
Individual
Mailing address
7101 SHARONDALE CT STE #600, BRENTWOOD, TN 37027-3220
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2014
$2,900,000
Charles L Phillips
Ross Creek Place LLC
Grant Deed
$1,925,000 · Miscellaneous Ins Co
Jul 22, 2011
$2,350,000
Ross Creek Place LLC
Ross Creek Partners LLC
Grant Deed
related
$1,525,000 · Symetra Life Insurance Co
May 14, 2007
—
Ross Creek Partners LLC
Lee,john A JR
Quit Claim Deed
related
—
Feb 21, 2007
—
Ole South Properties INC
Evergreen Farms Dev INC
Quit Claim Deed
related
—
Jan 17, 2007
—
John A Lee JR.
Rutherford Ents
Quit Claim Deed
related
—
Feb 4, 2004
—
Clr Associates
Rutherford,enter
Grant Deed
related
—
Jul 31, 2001
$4,038,200
Lowes Home Centers INC
Rutherford,enter
Grant Deed
—
Apr 12, 2001
$1,500,000
Red River Development
Rutherford,enter
Trustees Deed
—
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 430-432 Sam Ridley Pkwy?
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.
