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Property profile & analytics
OFF-MARKET
Estimated value
$8,520,000
Office buildings
631 Burnett Rd Old Hickory, TN 37138-3911
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US80-1727361
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
36,977 SF
Lot
57.17 ac (2,490,325 SF)
Zoning code
MULTI-ZONE
APN
035-00-0-011-00
UPID
US80-1727361
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
-
ADESA Nashville Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.15M
Comparable Approach
Comparable
$6.88M
Blend (final)
Blend
$8.52M
Owner & transaction history
Car Abcn Tn LLC · 25 yrs held
Car Abcn Tn LLC
since 2000
2 recorded transactions
Zoning & alternative use
MULTI-ZONE · Old Hickory, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.4M
+2.5%
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 Old Hickory submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Hickory 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%
$11,000,000
6.5%
$10,150,000
7%
$9,425,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,180,000
Current use
MEDICAL BUILDING
$10,430,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,425,000
Change: -7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,320,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$8.52M
Range $7.67M – $9.37M · ±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
$230 / 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
$109,283
Tax year 2023
Assessed value
$3,740,000
Assessed 2023
Previous assessed
$3,740,000
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$1,097,680
Assessed improvement
$2,642,320
Land market value
$2,744,200
Improvement market value
$6,605,800
Total market value
$9,350,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
36,977 SF
Lot
57.17 ac (2,490,325 SF)
Zoning code
MULTI-ZONE
APN
035-00-0-011-00
UPID
US80-1727361
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Old Hickory, TN
Zoning MULTI-ZONE · permitted uses
MULTI-ZONE · Old Hickory, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Old Hickory. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.2M
MEDICAL BUILDING
Est. value
$10.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.3M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
57.17 ac
Current owner
From public records · entity-resolved
Car Abcn Tn LLC
Entity
Mailing address
8484 WESTPARK DR STE #200, MCLEAN, VA 22102-3588
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2017
—
D M Foster
—
Grant Deed
related
$17,980,547 · Citibank
Dec 20, 2000
$10,500,000
Car Abcn Tn LLC
Abc Nashville LLC
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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