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    5651 Frist Blvd Hermitage, TN 37076-2054

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    5651 Frist Blvd Hermitage, TN 37076-2054


    • Medical Office Space
    • 95,676 SF
    • 0.43 lot acres
    Off-Market
    Property ID
    US80-1944906
    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.

    Value Estimations
    $20,010,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hermitage Psychiatric Group / Physician
    • Chalko III Alexander MD / Physician
    • Dr. Donald E. Cox, DDS / Dental Office
    • Sawyer Terry D DDS / Dental Office
    • Dr. Martin H. Wagner, MD / Physician / Medical Clinic

    Property Details for 5651 Frist Blvd

    Year built
    1994
    Lot size
    0.43 lot acres
    Property size
    95,676 SF
    Zone code
    OG
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    086-00-0-064-00-001
    APU
    8600006400001

    Description

    This exceptional Class A medical office building, Summit MOB I, offers 128,021 square feet of prime space situated on the prestigious Summit Medical Center campus in Nashville, Tennessee. The seven-story building boasts 8 suites, with spaces ranging from a minimum of 1,134 square feet to a maximum contiguous space of 9,361 square feet. Currently, 29,924 square feet is available for lease. The building underwent a complete renovation in 2018, ensuring modern and efficient facilities for medical professionals. Three high-speed elevators provide convenient access to all floors. Its location at 5651 Frist Blvd, Nashville, TN 37076, offers unparalleled convenience, with easy access to I-40 and proximity to a variety of retail options, restaurants, and residential neighborhoods. The Nashville International Airport is a mere 5 minutes away, providing excellent accessibility for patients and staff. This property presents a unique opportunity for medical practices seeking a high-quality, well-located space within a thriving medical community in Davidson County. The building's modern amenities and strategic location make it an ideal choice for medical professionals seeking to establish or expand their practice.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $24,610,000
      6.5%
      $22,715,000
      7%
      $21,095,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $23,765,000
      Market price range: $13.7M - $41.0M
      AI Estimate
      $13,548,000
      Market price range: $5.99M - $21.0M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $26,985,000
      Current use
      OFFICE BUILDING
      $26,340,000
      Change: -2% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $24,390,000
      Change: -10% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Hermitage
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6073
    Latitude
    36.1796
    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
    $196,066
    $90,800
    $6,619,200
    $6,710,000
    -
    $227,000
    $16,548,000
    $16,775,000
    More about this property
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