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Property profile & analytics
OFF-MARKET
Estimated value
$7,775,000
Hotels
109 29th N Ave Nashville, TN 37203-1405
Entity Owned
8-yr Hold
Absentee Owner
Property ID
US80-0966283
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2020
Total area
92,274 SF
Lot
0.48 ac (20,909 SF)
Zoning code
MULTI-ZONE
APN
104-02-0-337-00
UPID
US80-0966283
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
-
Fiarield Inn & Suites Nashville Near Vanderbilt Hotel & Motel
-
Fairfield Inn & Suites Nashville Near Vanderbilt Hotel & Motel
-
Hirshberg David G Accounting Firm Tax Preparation
-
Hirshberg Sam H CPA Accounting Firm Tax Preparation
-
First bank stadium Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.78M
Owner & transaction history
Midtown Hotel Partners LLC · 8 yrs held
Midtown Hotel Partners LLC
since 2017
4 recorded transactions
Zoning & alternative use
MULTI-ZONE · 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%
$9,645,000
6.5%
$8,900,000
7%
$8,265,000
Blend value · Realmo final
$7.78M
Range $7.00M – $8.55M · ±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
$84 / 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
$243,359
Tax year 2023
Assessed value
$7,478,760
Assessed 2023
Previous assessed
$7,478,760
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,045,440
Assessed improvement
$6,433,320
Land market value
$2,613,600
Improvement market value
$16,083,300
Total market value
$18,696,900
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
11
Rooms
11
Bathrooms
5
Total area
92,274 SF
Lot
0.48 ac (20,909 SF)
Zoning code
MULTI-ZONE
APN
104-02-0-337-00
UPID
US80-0966283
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Zoning 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
Nashville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
CENTRAL
Cooling
Yes
Stories
11
Buildings
2
Rooms
11
Bathrooms
5
Lot
0.48 ac
Current owner
From public records · entity-resolved
Midtown Hotel Partners LLC
Entity
Mailing address
308 N PETERS RD STE #100, KNOXVILLE, TN 37922-2327
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2017
—
Midtown Hotel Partners LLC
—
Grant Deed
related
$24,750,000 · Franklin Synergy Bk
Jul 21, 2017
—
Midtown Hotel Partners LLC
Midtown Hotel Partners LLC
Quit Claim Deed
related
—
Aug 31, 2016
$2,500,000
Midtown Hotel Partners LLC
Hirshberg,sam H
Grant Deed
—
Aug 12, 1992
$132,500
Sam Hirshberg
Unknown
Grant Deed
—
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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