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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Strip malls
114 11th St Nashville, TN 37206-3099
Individually Owned
29-yr Hold
Absentee Owner
Property ID
US80-3390147
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1926
Total area
7,077 SF
Lot
0.2 ac (8,712 SF)
Zoning code
MULTI-ZONE
APN
083-09-0-223-00
UPID
US80-3390147
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
-
East Nashville Flower Cafe Cafe & Coffee Shop
-
No Name Salon Hair Salon
-
The Makeup Altar Cosmetic Store
-
Caldwell Guitars Nashville (Nashville’s Vintage Guitar Showroom - Appointment Only) (Bike/Boat/Book/etc) Store
-
East Nashville Flower Shop (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$1.17M
Owner & transaction history
Brenda F Waddey · 29 yrs held
Brenda F Waddey
since 1997
7 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%
$1,685,000
6.5%
$1,560,000
7%
$1,445,000
Blend value · Realmo final
$1.17M
Range $709k – $1.23M
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
$165 / 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
$18,595
Tax year 2023
Assessed value
$571,440
Assessed 2023
Previous assessed
$325,200
+75.7% YoY
Effective rate
3.25%
On assessed value
Assessed land
$265,600
Assessed improvement
$305,840
Land market value
$664,000
Improvement market value
$764,600
Total market value
$1,428,600
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
1926
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
7
Bathrooms
2
Total area
7,077 SF
Lot
0.2 ac (8,712 SF)
Zoning code
MULTI-ZONE
APN
083-09-0-223-00
UPID
US80-3390147
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
1926
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Brenda F Waddey
Individual
Mailing address
116 S 11TH ST, NASHVILLE, TN 37206-2937
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
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 5, 2020
—
Tommy D Keenum JR.
—
Deed
related
$866,000 · Wilson Bk&tr
Jul 8, 1997
$26,000
Brenda F Waddey
Unknown
Grant Deed
$25,017 · Nationscredit Financial Svc
—
—
Brenda F Waddey
—
Deed Of Trust
related
$53,183 · Nationscredit Financial Svc
—
—
Keenum,thomas D JR
—
Loan Modification
related
$110,000 · First Tn Bk
—
—
Brenda F Waddeu
—
Deed Of Trust
related
$45,069 · Nationscredit Financial Svc
—
—
Tommy Keenum
—
Deed Of Trust
related
$90,000 · Amsouth Bank
—
—
Tommy D Keenum JR.
—
Deed Of Trust
related
$866,000 · Wilson Bk&tr
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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