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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Strip malls
601 Main St Goodlettsville, TN 37072-1758
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-1212956
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1971
Total area
7,762 SF
Lot
0.81 ac (35,284 SF)
Zoning code
6ZZ
APN
025-08-0-054-00
UPID
US80-1212956
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
-
Henderson Cynthia C Physician
-
LendNation Loan Service
-
Elemental Technology Solutions Tech Support Center IT Consulting Firm
-
Tangled Tails dog grooming Pet Grooming Service
-
Salon Edge Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.24M
Owner & transaction history
Hany Farid · 4 yrs held
Hany Farid
since 2022
6 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, 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 Goodlettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodlettsville 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,980,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,745,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±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
$160 / 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
$8,663
Tax year 2023
Assessed value
$296,480
Assessed 2023
Previous assessed
$296,480
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$115,000
Assessed improvement
$181,480
Land market value
$287,500
Improvement market value
$453,700
Total market value
$741,200
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
1971
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,762 SF
Lot
0.81 ac (35,284 SF)
Zoning code
6ZZ
APN
025-08-0-054-00
UPID
US80-1212956
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TN
Zoning 6ZZ · permitted uses
6ZZ · Goodlettsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodlettsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
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
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Hany Farid
Individual
Free & Clear · 4 yrs held
Mailing address
4213 SANDSTONE DR, ANTIOCH, TN 37013-2244
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
—
Hany Farid
Hany Farid
Intrafamily Transfer
related
—
Jul 1, 2019
—
State Of Tennessee
Farid,hany & Mariana
Warranty Deed
—
Apr 3, 2018
$545,000
Hany Farid
Willaim H Bemstein
Warranty Deed
$95,000 · Daniel Wichhof
Jan 25, 2018
—
Bernstein Living Trust
Bernstein,william H & Hedwig M
Quit Claim Deed
related
—
May 6, 2015
$500,000
William Henry Bernstein
Glenn Nabors
Warranty Deed
$465,500 · The Bank Of Nashville
May 27, 1992
$125,000
F Investors
Unknown
Grant Deed
—
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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