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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Investment properties
1215 9th N Ave Nashville, TN 37208-2560
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1261992
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Total area
18,303 SF
Lot
0.78 ac (33,977 SF)
Zoning code
MULTI-ZONE
APN
081-16-0-213-00
UPID
US80-1261992
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
-
Celebration Christian Center Church
-
African America Cultural Allnc Charitable Organization Social Service Agency
-
Fresh Start Staffing Employment Agency
-
Second Chance Staffing Employment Agency
-
Jefferson Street Jazz & Blues Festival Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.42M
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$3.77M
Owner & transaction history
Fifteenth Avenue Baptist Church INC · 14 yrs held
Fifteenth Avenue Baptist Church INC
since 2011
3 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.3M
+6.0%
Neighborhood: shopping center
$5.3M
+5.1%
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%
$3,705,000
6.5%
$3,420,000
7%
$3,175,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,040,000
Current use
OFFICE BUILDING
$5,345,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,300,000
Change: +5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,500,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±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
$206 / 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
$23,403
Tax year 2023
Assessed value
$719,196
Assessed 2023
Previous assessed
$719,196
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$719,196
Land market value
$2,463,000
Total market value
$2,463,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
18,303 SF
Lot
0.78 ac (33,977 SF)
Zoning code
MULTI-ZONE
APN
081-16-0-213-00
UPID
US80-1261992
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
OFFICE BUILDING
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1950
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Fifteenth Avenue Baptist Church INC
Entity
Mailing address
1203 9TH AVE N, NASHVILLE, TN 37208-2525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2011
—
Fifteenth Avenue Baptist Church INC
Marcus Woods
Quit Claim Deed
related
$3,555,000 · Beacon Federal
Oct 2, 1998
$751,000
Fifteenth Ave Baptist Church
Jones,carl E
Grant Deed
$855,000 · Citizens Savings Bank & Trust
Dec 20, 1989
$200,000
Carl Enoch Jones
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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