Financial
Distress signals
Property profile

521 Old Hickory Blvd Old Hickory, TN 37138

FOR SALE
Strip malls
Property ID
US80-1464929
3,573 SF 0.27 ac lot Built 1930
Last sale Jul 1982 · $32,000
Trust Owned Owner of record is a trust. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Rhodes Building is a 1930 mixed-use property located at 521 Old Hickory Blvd in Old Hickory. It contains four commercial suites, two apartments, and three storage units positioned at the rear, within a building zoned Cs. One commercial suite (Unit 521) is 1,170 square feet and features a storefront presentation with large display windows, an open front room, a flexible middle workspace, and a rear room that includes a private restroom and shower; the suite layout is configured to support

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$149k
Assessed land$14k
Assessed improvement$134k
Effective rate2.92%

Value estimate

· Sep 2026
$350k
$315k – $385k
CAP approach$1.18M
Submarket $/SF estimate$1.08M
NOI build-up
Gross scheduled income$166k
Vacancy & credit loss−$10k
Operating expenses−$59k
NOI · 10.02% cap applied$98k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
County average, outlier-cleaned · 366 recorded sales of this use type
Observed band · Q1–Q3$108 – $470
Qualifying comparables3

Cap rate analysis

How does the asset earn?
10.02%
$98k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.2
Law Firm17.3
Wholesale Shop15.6

Location

521 Old Hickory Blvd Old Hickory, TN 37138
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
860 Robinson, Old Hickory, TN 37138-3331 $2,000,000 May 2024 2,592 SF
1051 Donelson, Old Hickory, TN 37138-3110 $700,000 Apr 2024 3,065 SF
111 Bridgeway, Old Hickory, TN 37138-3601 $144,000 Dec 2023 3,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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