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Property profile & analytics
FOR SALE
Strip malls
Industrial Blvd Smyrna, TN 37167
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-0850443
For Sale
$5,255,000
Industrial Blvd, Smyrna, TN 37167
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
26,001 SF
Lot
3.78 ac (164,657 SF)
APN
029-016.02-000
UPID
US80-0850443
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
-
TN Vape & Smoke (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
GNC (Bike/Boat/Book/etc) Store Pharmacy
-
GameStop Arcade & Gaming Center Electronics & Wireless Store
-
America's Best Contacts & Eyeglasses Physician
-
Hibbett Sports Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.70M
Blend (final)
Blend
$5.26M
Owner & transaction history
Yale Smyrna LLC · 7 yrs held
Yale Smyrna LLC
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.0M
+57.6%
Office building
$5.8M
+29.4%
Medical building
$5.3M
+19.4%
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
$4,450,000
Current use
AUTO REPAIR, GARAGE
$7,015,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$5,760,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$5,315,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$4,800,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$5.26M
Range $4.73M – $5.78M · ±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
$202 / 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
$52,369
Tax year 2023
Assessed value
$2,180,320
Assessed 2024
Previous assessed
$2,180,320
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$876,120
Assessed improvement
$1,304,200
Land market value
$2,190,300
Improvement market value
$3,260,500
Total market value
$5,450,800
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 Sale
Year built
2008
Heating
ZONE
Cooling
AC.PACKAGE
Stories
1
Units
7
Total area
26,001 SF
Lot
3.78 ac (164,657 SF)
APN
029-016.02-000
UPID
US80-0850443
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
$4.5M
AUTO REPAIR, GARAGE
Est. value
$7.0M
OFFICE BUILDING
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.3M
RETAIL STORES
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2008
Heating
ZONE
Cooling
Yes
Stories
1
Units
7
Lot
3.78 ac
Current owner
From public records · entity-resolved
Yale Smyrna LLC
Entity
Mailing address
10 NEW KING ST STE #102, WHITE PLAINS, NY 10604-1208
Ownership since
2019
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
Jan 2, 2019
$27,400,000
Yale Smyrna LLC
Capref Smyrna LLC
Trustees Deed
$20,550,000 · Ubs Ag
Dec 17, 2013
$27,875,000
Capref Smyrna LLC
Sam Ridley LLC
Grant Deed
$20,820,000 · Synovus Bank
Dec 8, 2006
$8,348,190
Sam Ridley LLC
Southeast Acquisitions II
Grant Deed
$34,600,000 · Regions 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.
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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