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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Specialty properties
5610 Old Hickory Blvd Hermitage, TN 37076-2580
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-1210048
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1973
Construction
FRAME
Total area
2,592 SF
Lot
20.29 ac (883,832 SF)
Zoning code
RM9
APN
086-00-0-188-00
UPID
US80-1210048
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
-
Meridian at Hermitage Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$660k
Owner & transaction history
Hermitarel LLC · 9 yrs held
Hermitarel LLC
since 2017
7 recorded transactions
Zoning & alternative use
RM9 · Hermitage, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10%
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
$255 / 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
$335,581
Tax year 2023
Assessed value
$11,484,640
Assessed 2023
Previous assessed
$1,871,760
+513.6% YoY
Effective rate
2.92%
On assessed value
Assessed land
$1,566,000
Assessed improvement
$9,918,640
Land market value
$3,915,000
Improvement market value
$24,796,600
Total market value
$28,711,600
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
9
Stories
2
Total area
2,592 SF
Lot
20.29 ac (883,832 SF)
Zoning code
RM9
APN
086-00-0-188-00
UPID
US80-1210048
Jurisdiction
DAVIDSON
Zoning & alternative use
RM9 · Hermitage, TNZoning RM9 · permitted uses
RM9 · Hermitage, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
9
Lot
20.29 ac
Current owner
From public records · entity-resolved
Hermitarel LLC
Entity
Mailing address
540 MADISON AVE FL, NEW YORK, NY 10022-3213
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2017
$23,600,000
Hermitarel LLC
Spyglass Nashville Tn LLC
Trustees Deed
$17,700,000 · Capital One Multifamily Fin
May 23, 2014
—
Green Leaf Hermitage LLC
Green Leaf Hermitage LLC
Quit Claim Deed
—
May 23, 2014
$13,800,000
Spyglass Nashville Tn LLC
Green Leaf Hermitage LLC
Grant Deed
—
Jun 11, 2008
$12,500,000
Greenleaf Hermitage LLC
Owner Name Unavailable
Grant Deed
—
Jan 17, 2007
$6,300,000
Gmac Commercial Series 2004-c3
Mcnamee,marc T
Trustees Deed
—
Nov 8, 2004
$12,876
White Oaks Heritage LLC
White Oaks Associates
Grant Deed
related
$11,440,000 · Banc Mortgage Capital LLC
—
—
Green Leaf Hermitage LLC
—
Deed Of Trust
related
$9,250,000 · Federal Home Loan Mortgage Cor
—
—
Spyglass Nashville Tn LLC
—
Deed Of Trust
related
$17,000,000 · Cbre Cap Markets
—
—
White Oaks Associates
—
Deed Of Trust
related
$5,600,000 · Northern Source LLC
—
—
White Oaks Associates
—
Deed Of Trust
related
$10,500,000 · Brt Realty Trust
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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