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Property profile & analytics
OFF-MARKET
Strip malls
1400 Adams St Nashville, TN 37208-3510
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-2898878
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1913
Total area
21,522 SF
Lot
0.39 ac (16,988 SF)
Zoning code
MULTI-ZONE
APN
082-05-0-172-00
UPID
US80-2898878
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
-
The Optimist Restaurant
-
Star Rover Sound Restaurant
-
Le Loup Restaurant
-
BuildWitt (Bike/Boat/Book/etc) Store Corporate Office
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
Hc Hammermill LLC · 4 yrs held
Hc Hammermill LLC
since 2022
Last sale
$12.0M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$65,219
Tax year 2023
Assessed value
$2,004,280
Assessed 2023
Previous assessed
$2,004,280
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$509,640
Assessed improvement
$1,494,640
Land market value
$1,274,100
Improvement market value
$3,736,600
Total market value
$5,010,700
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
1913
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
21,522 SF
Lot
0.39 ac (16,988 SF)
Zoning code
MULTI-ZONE
APN
082-05-0-172-00
UPID
US80-2898878
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
1913
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Hc Hammermill LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
Ownership since
2022
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
Jan 10, 2022
$12,000,000
Hc Hammermill LLC
Germantown Hammer LLC
Special Warranty Deed
—
Jun 21, 2017
—
Smyrna Ready Mix Concrete LLC
—
Grant Deed
related
$76,381,500 · Regions Bk
Nov 29, 2016
$1,000,000
Germantown Hammer LLC
Gateway Tbr Hammer Mill LLC
Special Warranty Deed
$3,780,000 · Hamilton State Bank
Nov 22, 2016
$7,350,000
Gateway Tbr Hammer Mill LLC
Nashville Wholesale Moulding C
Grant Deed
—
Feb 19, 2015
—
John B Enkema
Baugh & Pardue Props LLC
Quit Claim Deed
related
—
Jan 21, 2014
—
Baugh & Pardue Properties LLC
Baugh & Pardue Properties
Quit Claim Deed
related
—
Jan 14, 2014
—
Baugh & Pardue Properties
Baugh & Pardue Properties LLC
Quit Claim Deed
related
—
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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