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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Strip malls
810 Nissan Dr Smyrna, TN 37167-4643
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-0812737
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
FRAME
Total area
6,178 SF
Lot
1.33 ac (57,935 SF)
APN
034C-A-001.02-000
UPID
US80-0812737
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
-
GameStop Arcade & Gaming Center Electronics & Wireless Store
-
Farm Bureau Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
$2.30M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$2.10M
Owner & transaction history
Smyrna Coml Prop LLC · 6 yrs held
Smyrna Coml Prop LLC
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+97.9%
Auto repair, garage
$1.7M
+57.6%
Office building
$1.4M
+29.4%
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$2,455,000
ML approach
$2,330,000
CAP Approach
CAP Return
Estimation
6%
$2,490,000
6.5%
$2,300,000
7%
$2,135,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,095,000
Change: +98% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,665,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$1,370,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$1,265,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.30M · ±10% · vs last sale $1.95M (Feb 4 2020)
Last sale anchor
$1.95M
Feb 4 2020
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
$339 / 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
$14,287
Tax year 2023
Assessed value
$594,800
Assessed 2024
Previous assessed
$594,800
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$319,720
Assessed improvement
$275,080
Land market value
$799,300
Improvement market value
$687,700
Total market value
$1,487,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
1
Units
5
Total area
6,178 SF
Lot
1.33 ac (57,935 SF)
APN
034C-A-001.02-000
UPID
US80-0812737
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
2007
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Units
5
Lot
1.33 ac
Current owner
From public records · entity-resolved
Smyrna Coml Prop LLC
Entity
Mailing address
PO BOX 1327, BRENTWOOD, TN 37024-1327
Ownership since
2020
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
Feb 4, 2020
$1,950,000
Smyrna Coml Prop LLC
New 1969 Properties LLC
Grant Deed
$1,500,000 · Republic Bk&tr
Oct 5, 2018
—
New 1969 Properties LLC
—
Deed
related
$500,000 · Financial Fed'l Bk
Aug 3, 2018
—
1969 Properties LLC
—
Deed
related
$920,000 · Financial Fed'l Bk
Dec 20, 2016
—
New 1969 Properties LLC
—
Deed
related
$500,000 · Financial Fed'l Bk
Jan 12, 2016
—
New 1969 Properties LLC
Harrison J L & M J 196 Trust
Quit Claim Deed
related
—
Sep 25, 2012
—
Harrison J L & M H 1969 Trust
Harrison Joseph L 2004 Trust
Quit Claim Deed
related
—
Apr 5, 2011
$1,765,000
Harrison Joseph L 2004 Trust
Vmr Properties LLC
Grant Deed
—
—
—
New 1969 Properties LLC
—
Deed Of Trust
related
$500,000 · Financial Fed'l Bk
—
—
New 1969 Properties LLC
—
Deed Of Trust
related
$500,000 · Financial Fed'l Bk
—
—
1969 Properties LLC
—
Loan Modification
related
$920,000 · Financial Fed'l Bk
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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