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Property profile & analytics
OFF-MARKET
Estimated value
$4,410,000
Strip malls
1003 8th S Ave Nashville, TN 37203-4721
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1379516
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Total area
6,632 SF
Lot
0.53 ac (23,087 SF)
Zoning code
IWD
APN
105-02-0-444-00
UPID
US80-1379516
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
-
Music City Indian Motorcycle Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.19M
Blend (final)
Blend
$4.41M
Owner & transaction history
Jfc Enterprises INC · 1 yrs held
Jfc Enterprises INC
since 2025
Last sale
$4.1M
4 recorded transactions
Zoning & alternative use
IWD · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+98.2%
Auto repair, garage
$4.0M
+14.5%
Warehouse, storage
$3.5M
+0.9%
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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
$4,820,000
ML approach
$4,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,510,000
Current use
RESTAURANT
$6,960,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,020,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,540,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$3,065,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$4.41M
Range $3.97M – $4.85M · ±10% · vs last sale $4.10M (Jan 23 2025)
Last sale anchor
$4.10M
Jan 23 2025
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
$665 / 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
$36,692
Tax year 2023
Assessed value
$1,127,600
Assessed 2023
Previous assessed
$1,127,600
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,108,160
Assessed improvement
$19,440
Land market value
$2,770,400
Improvement market value
$48,600
Total market value
$2,819,000
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
1973
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,632 SF
Lot
0.53 ac (23,087 SF)
Zoning code
IWD
APN
105-02-0-444-00
UPID
US80-1379516
Jurisdiction
DAVIDSON
Zoning & alternative use
IWD · Nashville, TN
Zoning IWD · permitted uses
IWD · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.5M
RESTAURANT
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$3.5M
RETAIL STORES
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1973
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Jfc Enterprises INC
Entity
Mailing address
5041 VILLA CRST DR, NASHVILLE, TN 37220-1424
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
$4,100,000
Jfc Enterprises INC
Moore Revocable Living Trust
Warranty Deed
—
Jan 10, 2024
—
Deborah H Moore
Patrick A Moore
Intrafamily Transfer
related
—
Aug 3, 1993
$200,000
Patrick A Moore
Unknown
Grant Deed
—
—
—
Patrick A Moore
—
Deed Of Trust
related
$270,000 · Primetrust 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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