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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments

1221 Division St Nashville, TN 37203-4295

274,606 SF 2.06 ac lot Built 2017
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-2833427
Property profile
Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2017
Total area 274,606 SF
Lot 2.06 ac (89,734 SF)
Zoning code CF
APN 093-13-0-584-00
UPID US80-2833427
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
  • southernflow entertainment Nightclub Music Venue
  • Marq Music Row Apartment Complex Apartment Building
  • Locale Music Row - Nashville Hotel & Motel
  • Qik RV Rentals Campground & RV Park
  • E&J note capital Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cws Music Row Clear Lake LLC · 3 yrs held
Cws Music Row Clear Lake LLC
since 2022
Last sale
$75.0M
6 recorded transactions
2022
Price N/A
2022
$75.0M
2019
Price N/A
2018
$52.7M
2018
$26.5M
1969
Price N/A
Zoning & alternative use
CF · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the CC, CF and CS zone districts and effective January 1, 1998 in the CA, CL, SCC, SCR, ORI and MUI zone districts, except within an historic overlay district, an on-premises sign is a sign that advertises or attracts attention to a specific event, activity, establishment, commodity, product, service or entertainment which is conducted, sold, distributed…

Zone name Commercial Core Frame
General category COMMERCIAL
Zone area 111.70 ac
Source Zoning Ordinance
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