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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Strip malls
103 11th St Nashville, TN 37206-2936
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US80-3390008
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1920
Total area
3,227 SF
Lot
0.11 ac (4,792 SF)
Zoning code
MULTI-ZONE
APN
083-09-0-180-00
UPID
US80-3390008
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$710k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Bongo Productions LLC · 19 yrs held
Bongo Productions LLC
since 2007
6 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$180 / 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
$8,671
Tax year 2023
Assessed value
$266,480
Assessed 2023
Previous assessed
$266,480
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$171,440
Assessed improvement
$95,040
Land market value
$428,600
Improvement market value
$237,600
Total market value
$666,200
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
Off-Market
Year built
1920
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,227 SF
Lot
0.11 ac (4,792 SF)
Zoning code
MULTI-ZONE
APN
083-09-0-180-00
UPID
US80-3390008
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1920
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Bongo Productions LLC
Entity
Mailing address
372 HERRON DR, NASHVILLE, TN 37210-4628
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2007
$625,000
Bongo Productions LLC
Mtmj LLC
Grant Deed
$531,250 · Tennessee Bank & Trust Co
Oct 10, 2005
$500,000
Mtmj LLC
Cook,paul E
Warranty Deed
$500,000 · Capital Bank & Trust Co
Mar 22, 1994
$20,000
Adex Corporation
Unknown,
Grant Deed
$112,000 · Third National Bank W/sba
Mar 17, 1994
$140,000
Adex Corporation
Unknown,
Grant Deed
—
Dec 31, 1992
$20,000
Paul E Cook
Unknown
Grant Deed
—
—
—
Bongo Productions LLC
—
Deed Of Trust
related
$390,000 · First Farmers & Merchants 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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