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Property profile & analytics
FOR LEASE
Office buildings
150 4Th Ave North Nashville, TN 37219
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-1686533
For Lease
1 / 5
$17.50 SF/Yr
150 4Th Ave North, Nashville, TN 37219
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Total area
460,091 SF
Lot
0.72 ac (31,363 SF)
Zoning code
MULTI-ZONE
APN
093-06-1-103-00
UPID
US80-1686533
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
-
UPDESK Height-Adjustable Standing Desks Production Facility Furniture & Home Goods
-
Hill Terry L Law Firm
-
Law Office Of Edward D. Hastings Law Firm
-
Nashville Downtown Partnership Association / Organization
-
PIA Consulting Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.15M
Owner & transaction history
Alco Nashville LLC · 7 yrs held
Alco Nashville LLC
since 2019
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
$33 / 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
$1,473,157
Tax year 2023
Assessed value
$43,540,718
Assessed 2023
Previous assessed
$43,540,718
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$4,340,280
Assessed improvement
$39,200,438
Land market value
$10,850,700
Improvement market value
$98,001,096
Total market value
$108,851,796
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
24
Total area
460,091 SF
Lot
0.72 ac (31,363 SF)
Zoning code
MULTI-ZONE
APN
093-06-1-103-00
UPID
US80-1686533
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
1985
Heating
CENTRAL
Cooling
Yes
Stories
24
Lot
0.72 ac
Current owner
From public records · entity-resolved
Alco Nashville LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1215 4TH AVE STE #600, SEATTLE, WA 98161-1084
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
William J Ivey
—
Deed
related
$250,000 · Regions Bank
Feb 2, 2024
—
Fred T Mclaughin
—
Deed
related
$250,000 · Regions Bank
Dec 6, 2021
—
Earnest Fields
—
Deed
related
$250,000 · Southern Bank Of Tennessee
Mar 5, 2019
$6,000,000
Alco Nashville LLC
Unico One Nashville Place LLC
Grant Deed
—
Sep 20, 2018
$139,500,000
Unico One Nashville Place LLC
Prim One Nashville Place LLC
Trustees Deed
$105,239,846 · Gim Com'l Mtg Loan Fund LP
Dec 9, 2014
$98,750,000
Prim One Nashville Place LLC
Nnn One Nashville Place LLC
Grant Deed
—
Dec 15, 2005
$78,250,000
Nnn One Nashville Place LLC
485 Properties LLC
Grant Deed
$58,000,000 · Lasalle National Bank
Dec 29, 1997
—
Joint Venture I Mccandless
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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