Entity Owned Property summary
AI-generated overview
This exceptional, fully turnkey, free-standing building at 500 S Main St, Goodlettsville, TN 37072 offers 3,305 square feet of premium retail or office space, divisible into two units (1,583 sq ft and 1,722 sq ft). The property boasts a Class A designation, a modern design with a full glass front facade providing abundant natural light, and a column-free, completely open floor plan with 12-foot ceilings. It's ideally suited for retail, office, medical, or personal care services. The building features a fully built-out bathroom, a three-compartment sink with an above-ground grease trap, and ample water and electric outlets. Parking is ample with 35 shared spaces, including two handicap-accessible spots. The location offers excellent visibility and accessibility on Main Street, ensuring high traffic flow. Zoned CSL, this single-story building is ready for immediate occupancy. A NNN lease is available, seeking a long-term tenant (no smoke/vape shops permitted).
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
6,972 SF
Lot
1.02 ac (44,431 SF)
Zoning code
6ZZ
APN
025-08-0-079-00
UPID
US80-0502859
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
-
Restaurant
-
Corporate Office
-
Auto Repair Shop
-
Physician
-
Cafe & Coffee Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$1.36M
Owner & transaction history
since 2025
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, TN
Top alternative use upside
Commercial (general)
$2.0M
+12.0%
Medical building
$2.0M
+10.7%
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.36M
Value range
$1.22M – $1.50M
±10% around blend
Estimated value / SF
$195 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$1.22M
blend $1.36M
$1.50M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,972 SF
Lot area
1.02 ac
Year built
2006
Stories
1
APN
025-08-0-079-00
Zoning
6ZZ
Assessed value
$591,640
Annual tax
$17,288
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
$1.38M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.9 mi away · 7,602 SF
17.1 mi away · 5,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.36M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 366 sales
$255
-23%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $195/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+12%
vs current-use indication
Medical Building
Neighborhood: Shopping Center · current use
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$1.70M
Move the market yield to see immediate price impact.
Value / SF
$244
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%
$107k
$2.14M
$1.53M
$1.19M
$119k
$2.38M
$1.70M
$1.32M
$131k
$2.62M
$1.87M
$1.45M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$935k
2.9 mi · Dec 2025 · $166/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,288
Tax year 2023
Assessed value
$591,640
Assessed 2023
Previous assessed
$591,640
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$142,160
Assessed improvement
$449,480
Land market value
$355,400
Improvement market value
$1,123,700
Total market value
$1,479,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
3
Total area
6,972 SF
Lot
1.02 ac (44,431 SF)
Zoning code
6ZZ
APN
025-08-0-079-00
UPID
US80-0502859
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TNZoning 6ZZ · permitted uses
6ZZ · Goodlettsville, 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
2006
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
3
Lot
1.02 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6ZZ
Jurisdiction
Goodlettsville, TN
Recorded code
6ZZ
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6ZZ in Goodlettsville, TN.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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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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