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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Commercial land
1033 18th S Ave Nashville, TN 37212-2104
Individually Owned
13-yr Hold
Free & Clear
Property ID
US80-0245746
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1925
Total area
3,482 SF
Lot
0.31 ac (13,504 SF)
Zoning code
ORI
APN
104-04-0-052-00
UPID
US80-0245746
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
$650k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
18th Avenue South HOA 1101 · 13 yrs held
18th Avenue South HOA 1101
since 2012
7 recorded transactions
Zoning & alternative use
ORI · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$705,000
6.5%
$650,000
7%
$605,000
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$228 / 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
$20,617
Tax year 2023
Assessed value
$633,600
Assessed 2023
Previous assessed
$633,600
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$633,600
Land market value
$1,584,000
Total market value
$1,584,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1925
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
3,482 SF
Lot
0.31 ac (13,504 SF)
Zoning code
ORI
APN
104-04-0-052-00
UPID
US80-0245746
Jurisdiction
DAVIDSON
Zoning & alternative use
ORI · Nashville, TN
Zoning ORI · permitted uses
ORI · 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.
Building & site characteristics
From public records
Year built
1925
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
18th Avenue South HOA 1101
Individual
Free & Clear · 13 yrs held
Mailing address
4521 TROUSDALE DR, NASHVILLE, TN 37204-4513
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2012
$382,400
18th Avenue South HOA 1101
Jem-nashville LLC
Grant Deed
—
May 29, 2009
$404,176
Jem-nashville LLC
Smythe David M
Trustees Deed
related
—
Jun 6, 2006
$1,011,728
1033 Eighteenth Partners LLC
Daffari Properties LLC
Grant Deed
$393,750 · Regions Bank
May 12, 1997
$415,000
Daffari Properties
Daffari,properti
Grant Deed
related
—
Dec 18, 1993
$285,000
Pacific Deals INC
Unknown
Grant Deed
—
—
—
Dyke Tatum
—
Deed Of Trust
related
$863,000 · Firstar Bank
—
—
Jem-nashville LLC
—
Deed Of Trust
related
$150,000 · Jemison Investment Co INC
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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