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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Warehouses
1423 2nd N Ave Nashville, TN 37208-1707
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US80-1860365
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1961
Total area
16,574 SF
Lot
0.6 ac (26,136 SF)
Zoning code
IR
APN
082-05-0-130-00
UPID
US80-1860365
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 Axis Church Church
-
Spiffy Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.43M
Owner & transaction history
Axis Church INC · 11 yrs held
Axis Church INC
since 2014
5 recorded transactions
Zoning & alternative use
IR · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±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
$86 / 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
$15,516
Tax year 2023
Assessed value
$476,816
Assessed 2023
Previous assessed
$476,362
+0.1% YoY
Effective rate
3.25%
On assessed value
Assessed land
$470,448
Assessed improvement
$6,368
Land market value
$2,613,600
Improvement market value
$35,100
Total market value
$2,648,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1961
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
16,574 SF
Lot
0.6 ac (26,136 SF)
Zoning code
IR
APN
082-05-0-130-00
UPID
US80-1860365
Jurisdiction
DAVIDSON
Zoning & alternative use
IR · Nashville, TN
Zoning IR · permitted uses
IR · 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
1961
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Axis Church INC
Entity
Mailing address
1423 2ND AVE N, NASHVILLE, TN 37208-1707
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2014
$850,000
Axis Church INC
E & W Properties INC
Grant Deed
$350,000 · Executive Board/tennessee Bapt
Apr 13, 2006
$432,500
E & W Properties INC
Damon,j D
Warranty Deed
$367,625 · Middle Tennessee Bank
Aug 18, 2005
$385,000
J D Damon
E K Partners
Warranty Deed
$335,000 · E K Partners
Dec 21, 1989
$210,000
Partners Ek
Unknown
Grant Deed
—
—
—
E & W Properties INC
—
Deed Of Trust
related
$325,000 · Commerce Union Bank
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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