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Property profile & analytics
OFF-MARKET
Estimated value
$5,020,000
Strip malls
5205 Old Hickory Blvd Hermitage, TN 37076-2592
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0730831
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
11,590 SF
Lot
1.83 ac (79,715 SF)
Zoning code
CS
APN
086-00-0-763-00
UPID
US80-0730831
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
-
Taziki's Mediterranean Cafe Restaurant
-
Sport Clips Haircuts of Hermitage - Hermitage Commons Barber Shop
-
Penn Station East Coast Subs Take-out & Catering
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
The Joint Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.87M
CAP Approach
CAP
$3.82M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$5.02M
Owner & transaction history
Dream Team Realty Partners LLC · 4 yrs held
Dream Team Realty Partners LLC
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
CS · Hermitage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.8M
+95.1%
Auto repair, garage
$5.7M
+91.9%
Commercial (general)
$5.5M
+85.6%
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
$5,020,000
ML approach
$4,865,000
CAP Approach
CAP Return
Estimation
6%
$4,140,000
6.5%
$3,820,000
7%
$3,550,000
Alternative Use
Use
Estimation
RESTAURANT
$5,765,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,670,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,485,000
Change: +86% · Conversion: Easy
RETAIL STORES
$4,910,000
Change: +66% · Conversion: Easy
MEDICAL BUILDING
$3,270,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$3,190,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$5.02M
Range $4.52M – $5.52M · ±10% · vs last sale $5.10M (May 17 2022)
Last sale anchor
$5.10M
May 17 2022
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
$433 / 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
$33,227
Tax year 2023
Assessed value
$1,137,120
Assessed 2023
Previous assessed
$1,137,120
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$382,640
Assessed improvement
$754,480
Land market value
$956,600
Improvement market value
$1,886,200
Total market value
$2,842,800
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
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,590 SF
Lot
1.83 ac (79,715 SF)
Zoning code
CS
APN
086-00-0-763-00
UPID
US80-0730831
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Hermitage, TNZoning CS · permitted uses
CS · 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
RESTAURANT
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.5M
RETAIL STORES
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.2M
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Dream Team Realty Partners LLC
Entity
Mailing address
928 BRENTON PARK CT, BRENTWOOD, TN 37027-4768
Ownership since
2022
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
May 17, 2022
$5,100,000
Dream Team Realty Partners LLC
Freegard Partners X
Special Warranty Deed
$3,900,000 · Citizens Bank
Aug 13, 2020
$4,000,000
Freegard Partners X
Thompson R T & C J Trust
Warranty Deed
—
Feb 25, 2020
—
Thompson,r T & C J Trust
—
Deed
related
$1,889,092 · Wilson Bk&tr
Mar 28, 2016
$3,500,000
Thompson,robert T & C J Trust
Hermitage Commons II LLC
Grant Deed
—
Aug 20, 2007
—
Hermitage Commons II LLC
Hermitage Commons LLC
Quit Claim Deed
related
$2,776,000 · Renasant Bank
Aug 10, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Hermitage Commons II LLC
—
Deed Of Trust
related
$2,435,000 · Wilson Bank & Trust
—
—
Thompson,r T & C J Trust
—
Loan Modification
related
$1,889,092 · Wilson Bk&tr
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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