Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5315 Nolensville Pike Nashville, TN 37211-6415

    • Bowling alleys
    • 23,726 SF
    • 2.11 lot acres
    OFF-MARKET
    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1411186
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bowling alleys

    Property Details for 5315 Nolensville Pike

    Year built
    1965
    Lot size
    2.11 lot acres
    Property size
    23,726 SF
    Zone code
    CS
    Property type
    Bowling alleys
    APN
    161-08-0-024-00
    APU
    16108002400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $675,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7154
    Latitude
    36.0529
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,793
    $406,240
    $232,760
    $639,000
    -
    $1,015,600
    $581,900
    $1,597,500

    Comparable in this City

    • Value Estimation by Request
      3,743 SF

      520 Raymond St

      AUDITORIUM • 3,743 SF
      520 Raymond St, Nashville, TN 37211-2832
      View Details
    • Value Estimation by Request
      2,050 SF

      214 Welch Rd

      AUDITORIUM • 2,050 SF
      214 Welch Rd, Nashville, TN 37211-3838
      View Details
    • Value Estimation by Request
      2,540 SF

      1009 Antioch Pike

      AUDITORIUM • 2,540 SF
      1009 Antioch Pike, Nashville, TN 37211-3001
      View Details
    • Value Estimation
      $4,400,000
      6,532 SF

      2637 Nolensville Pike

      AUDITORIUM • 6,532 SF
      2637 Nolensville Pike, Nashville, TN 37211
      View Details
    • Value Estimation by Request
      2,074 SF

      1439 Bell Rd

      AUDITORIUM • 2,074 SF
      1439 Bell Rd, Nashville, TN 37211-6636
      View Details
    • Value Estimation by Request

      5722 Hickory Plzd-2

      VACANT COMMERCIAL LAND
      5722 Hickory Plzd-2, Nashville, TN 37211-6389
      View Details

    Similar Nearby for Sale

    • $259,999
      675 SF

      Modern Condo in Gated Community

      First-floor condo with modern amenities, close to restaurants and attractions.
      2197 Nolensville Pike, Nashville, TN 37211
      View Details
    • $552,500

      Nashville Duplex with Income Potential

      Four-bedroom, three-bathroom duplex in Beverly Heights, Nashville with rental potential.
      4931 Sherman Oaks Dr, Nashville, TN 37211
      View Details
    • $1,950,000
      3,648 SF

      Versatile Industrial Space Near Downtown

      3,648 SF industrial property in Nashville's growing commercial corridor.
      2612 Grandview Ave, Nashville, TN 37211
      View Details
    • $3,429,000
      3,061 SF

      Highway 100 Retail Investment

      NNN leased Zaxby's with strong sales and rental income.
      5228 Nolensville Pike, Nashville, TN 37211
      View Details
    • Contact for pricing

      Land Available in Nashville, TN

      Land for sale at 2217 Nolensville Pike, Nashville, TN.
      2217 Nolensville Pike, Nashville, TN 37211
      View Details
    • $10,677,000
      32,900 SF

      Retail Shops at Plaza Mariachi

      32,900 SF retail shops near Plaza Mariachi for sale.
      3943-3961 Nolensville Pike, Nashville, TN 37211
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      269,380 SF

      Nashville Warehouse - 269,380 SF

      Prime Nashville industrial warehouse, multiple suites available.
      427 Mcnally Dr, Nashville, TN 37211
      View Details
    • $3,000 /Mo
      1,679 SF

      1,679 SF Office Space For Lease

      1,679 SF Office Space For Lease
      3343 Perimeter Hill Dr, Nashville, TN 37211
      View Details
    • $2,850 /Mo
      1,900 SF

      1,900 SF Office Space For Lease

      1,900 SF Office Space For Lease
      392 Harding Pl, Nashville, TN 37211
      View Details
    • $5,600 /Mo
      5,000 SF

      Rear Portion of COIT CARPET CLEANING Building For Lease

      Rear Portion of COIT CARPET CLEANING Building For Lease
      1184 Antioch Pike, Nashville, TN 37211
      View Details
    • $23 SF/Yr
      157,752 SF

      Nashville Office Space For Rent

      157,752 square foot office space available for lease.
      648 Grassmere Park, Nashville, TN 37211
      View Details
    • $8 SF/Yr
      40,250 SF

      Nashville Warehouse with Office Space

      40,250 SF warehouse with office near Nashville Airport.
      432-434 Harding Industrial Dr, Nashville, TN 37211
      View Details

    Property Visit Statistics

    • Visits by month
      6.9k
    • Visitors by month
      3.9k
    • Avg Time on site
      23 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5315 Nolensville Pike
    Nashville, TN 37211-6415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.