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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
4761 Andrew Jackson Pkwy Ste 105 Hermitage, TN 37076-1354
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-0280682
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Total area
1,620 SF
Zoning code
OR20
APN
064-16-0B-005-00
UPID
US80-0280682
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
$610k
CAP Approach
CAP
$385k
Comparable Approach
Comparable
$460k
Blend (final)
Blend
$510k
Owner & transaction history
Theodore Unland · 1 yrs held
Theodore Unland
since 2025
Last sale
$500,000
2 recorded transactions
Zoning & alternative use
OR20 · Hermitage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+73.5%
Commercial (general)
$765,000
+67.8%
Retail stores
$685,000
+50.2%
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
$595,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$455,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +68% · Conversion: Easy
RETAIL STORES
$685,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$445,000
Change: -2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$415,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (May 2 2025)
Last sale anchor
$500k
May 2 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
$315 / 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
$3,794
Tax year 2023
Assessed value
$129,840
Assessed 2023
Previous assessed
$129,840
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$22,200
Assessed improvement
$107,640
Land market value
$55,500
Improvement market value
$269,100
Total market value
$324,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1986
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,620 SF
Zoning code
OR20
APN
064-16-0B-005-00
UPID
US80-0280682
Jurisdiction
DAVIDSON
Zoning & alternative use
OR20 · Hermitage, TNZoning OR20 · permitted uses
OR20 · Hermitage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$765,000
RETAIL STORES
Est. value
$685,000
OFFICE BUILDING
Est. value
$445,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$415,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1986
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Theodore Unland
Individual
Free & Clear · 1 yrs held
Mailing address
1319 PALMER RD, LEBANON, TN 37090-8207
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Theodore Unland
Theodore Unland
Quitclaim Deed
related
—
—
—
Peymat,llc
—
Deed Of Trust
related
$416,000 · Suntrust Bank NA
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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