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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Specialty properties
640 Old Hickory Blvd Old Hickory, TN 37138-3161
Entity Owned
1-yr Hold
Property ID
US80-3076585
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1967
Total area
6,828 SF
Lot
141.02 ac (6,142,831 SF)
Zoning code
MULTI-ZONE
APN
043-00-0-021-00
UPID
US80-3076585
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
-
Malone Golf Academy Golf Driving Range Golf Instructor
-
Catalyst Junior Golf Tour Golf Instructor Sports Club
-
Riverside Golf Links Golf Course
-
Club Fourteen Fittings Golf Instructor
-
Alternative Energy Products LLC Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Scarab Properties LLC · 1 yrs held
Scarab Properties LLC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Old Hickory, 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 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Sep 13 2024)
Last sale anchor
$2.50M
Sep 13 2024
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
$366 / 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
$23,258
Tax year 2023
Assessed value
$795,970
Assessed 2023
Previous assessed
$795,970
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$360,050
Assessed improvement
$435,920
Land market value
$1,410,200
Improvement market value
$1,089,800
Total market value
$2,500,000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1967
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
2
Total area
6,828 SF
Lot
141.02 ac (6,142,831 SF)
Zoning code
MULTI-ZONE
APN
043-00-0-021-00
UPID
US80-3076585
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.
Building & site characteristics
From public records
Year built
1967
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
6
Lot
141.02 ac
Current owner
From public records · entity-resolved
Scarab Properties LLC
Entity
Mailing address
640 OLD HICKORY BLVD, OLD HICKORY, TN 37138-3161
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
—
Scarab Properties LLC
Gub Contracting INC
Quit Claim Deed
related
—
Jul 20, 2020
$2,500,000
Gub Contractors INC
Gary Rager
Warranty Deed
$4,744,156 · First Citizens National Bank
Mar 17, 2020
—
James E Rager
—
Deed
related
—
Feb 10, 2017
—
James E Rager
—
Deed
related
$130,000 · Bingham S & Kenneth P JR Sisk
Jan 6, 2017
—
James E Rager
—
Deed
related
$130,000 · Bingham S & Kenneth P JR Sisk
Oct 9, 2014
—
David J Deaton
Haberstroh,barbara V
Quit Claim Deed
related
—
Jul 10, 2013
$61,320
Scenic View Properties LLC
Rager,gary W & James R
Warranty Deed
—
May 26, 2010
—
Gary W Rager
Rager,brenda E
Quit Claim Deed
related
—
Aug 3, 1999
$550,000
James E Rager
Morgan Hurt Ltd Ptshp
Grant Deed
$850,000 · First Union National Bank
—
—
James E Rager
—
Loan Modification
related
—
—
—
James E Rager
—
Deed Of Trust
related
$475,000 · First Union National Bank
—
—
James E Rager
—
Deed Of Trust
related
$130,000 · Bingham S & Kenneth P JR Sisk
—
—
James E Rager
—
Loan Modification
related
$130,000 · Bingham S & Kenneth P JR Sisk
—
—
Gary Rager
—
Deed Of Trust
related
$1,410,000 · Capital Bank & Trust Co
—
—
James E Rager
—
Deed Of Trust
related
$300,000 · Capital Bank & Trust Co
—
—
Gary Rager
—
Deed Of Trust
related
$1,264,220 · Renasant Bank
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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