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Property profile & analytics
FOR LEASE
Strip malls
830 Nissan Dr Smyrna, TN 37167
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US80-0448922
For Lease
1 / 2
$2,375,000
830 Nissan Dr, Smyrna, TN 37167
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Total area
11,644 SF
Lot
1.35 ac (58,806 SF)
APN
034G-C-018.00-000
UPID
US80-0448922
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
-
Walmart Deli Food Market Restaurant
-
Garcia Brothers Roofing LLC Roofing Company General Contractor
-
Western Union Bank Credit Union
-
Papa John's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.38M
Owner & transaction history
Smyrna Commons-hap Ptshp · 8 yrs held
Smyrna Commons-hap Ptshp
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+97.9%
Auto repair, garage
$3.1M
+57.6%
Office building
$2.6M
+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
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
$1,995,000
Current use
COMMERCIAL (GENERAL)
$3,945,000
Change: +98% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,140,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$2,580,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$2,380,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$2,150,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±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
$204 / 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
$27,411
Tax year 2023
Assessed value
$1,141,680
Assessed 2024
Previous assessed
$1,141,240
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$517,040
Assessed improvement
$624,640
Land market value
$1,292,600
Improvement market value
$1,561,600
Total market value
$2,854,200
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
For Lease
Year built
2009
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
7
Total area
11,644 SF
Lot
1.35 ac (58,806 SF)
APN
034G-C-018.00-000
UPID
US80-0448922
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
2009
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
7
Lot
1.35 ac
Current owner
From public records · entity-resolved
Smyrna Commons-hap Ptshp
Individual
Mailing address
5704 PORTSMOUTH PL, BRENTWOOD, TN 37027-4794
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2017
$2,910,000
Smyrna Commons-hap Ptshp
Smyrna Commons Gp
Grant Deed
related
$2,384,800 · First Citizens Nat'l Bk
Apr 30, 2012
$1,700,000
Smyrna Commons Gp
Reliant Bk
Grant Deed
$1,360,000 · Reliant Bank
Dec 21, 2010
$1,683,000
Reliant Bk
Mcnamee,marc T
Trustees Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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