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Property profile & analytics
FOR LEASE
Parking lots & garages
1221 Broadway Nashville, TN 37203
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0265857
For Lease
1 / 3
$12,670,000
1221 Broadway, Nashville, TN 37203
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1962
Total area
422,018 SF
Lot
0.77 ac (33,541 SF)
Zoning code
DTC
APN
093-09-0-155-00
UPID
US80-0265857
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
-
Slalom Corporate Office
-
FirstBank Mortgage Loan Service Bank
-
Alliant Insurance Services, Inc. Insurance Agency
-
One 22 One Corporate Office
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.67M
Owner & transaction history
Capital Grille Holdings INC · 1 yrs held
Capital Grille Holdings INC
since 2025
7 recorded transactions
Zoning & alternative use
DTC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$30 / 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
$1,330,458
Tax year 2023
Assessed value
$39,572,220
Assessed 2023
Previous assessed
$34,006,080
+16.4% YoY
Effective rate
3.36%
On assessed value
Assessed land
$4,024,920
Assessed improvement
$35,547,300
Land market value
$10,062,300
Improvement market value
$88,868,250
Total market value
$98,930,550
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
1962
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
13
Total area
422,018 SF
Lot
0.77 ac (33,541 SF)
Zoning code
DTC
APN
093-09-0-155-00
UPID
US80-0265857
Jurisdiction
DAVIDSON
Zoning & alternative use
DTC · Nashville, TN
Zoning DTC · permitted uses
DTC · 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
1962
Heating
SPACE
Cooling
Yes
Stories
13
Buildings
2
Lot
0.77 ac
Current owner
From public records · entity-resolved
Capital Grille Holdings INC
Entity
Free & Clear · 1 yrs held
Mailing address
9010 OVERLOOK BLVD, BRENTWOOD, TN 37027-5242
Ownership since
2025
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
Oct 14, 2025
—
One22one Investments Partners LLC
—
Deed
related
$180,500,000 · Hrcp Aiv II Dli LLC
Feb 21, 2025
—
Capital Grille Holdings INC
One22one Investment Partners LLC
Deed
—
Apr 1, 2020
—
One220 Ne Investment Partners LLC
—
Deed
related
$108,525,694 · Cmtg Lender 67 LLC
Dec 10, 2019
—
One22one Invs Ptrs LLC
One22one Invs Ptrs LLC
Quit Claim Deed
related
—
Sep 19, 2019
$9,010,000
One22one Invs Ptrs LLC
Nashville Broadway LLC
Grant Deed
$5,165 · Firstbank
Nov 30, 2018
$7,000,000
Nashville Broadway LLC
Bridgestone Retail Operations
Grant Deed
—
Oct 29, 2001
$920,000
44-1327x Exchange Entity LLC
Sparks,loman & Mildred B
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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