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    Property profile & analytics

    1506 Buchanan St Nashville, TN 37208-1406

    • Strip malls
    • 616 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Jul 01, 2022
    $80,000
    Location Intelligence
    Property ID
    US80-1258633
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Desired Kutz / Barber Shop

    Property Details for 1506 Buchanan St

    Year built
    1960
    Lot size
    0.26 lot acres
    Property size
    616 SF
    Zone code
    CS
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    081-11-0-306-00
    APU
    8111030600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.8094
    Latitude
    36.1804
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,095
    $122,880
    $2,960
    $125,840
    -
    $307,200
    $7,400
    $314,600

    Comparable in this City

    • Value Estimation
      $315,000
      2,881 SF

      911 Buchanan St

      SHOPPING CENTER, STRIP CENTER • 2,881 SF
      911 Buchanan St, Nashville, TN 37208-1507
      View Details
    • Value Estimation
      $1,090,000
      46,267 SF

      2501 Clarksville Pike

      SHOPPING CENTER, STRIP CENTER • 46,267 SF
      2501 Clarksville Pike, Nashville, TN 37208-1059
      View Details
    • Value Estimation
      $345,000
      3,108 SF

      1725 5th N Ave

      SHOPPING CENTER, STRIP CENTER • 3,108 SF
      1725 5th N Ave, Nashville, TN 37208
      View Details
    • Value Estimation
      $3,910,000
      23,047 SF

      1329 6th N Ave

      SHOPPING CENTER, STRIP CENTER • 23,047 SF
      1329 6th N Ave, Nashville, TN 37208-2603
      View Details
    • Value Estimation
      $345,000
      4,220 SF

      2622 Jefferson St

      SHOPPING CENTER, STRIP CENTER • 4,220 SF
      2622 Jefferson St, Nashville, TN 37208-2850
      View Details
    • Value Estimation
      $280,000
      1,600 SF

      1402 Jefferson St

      SHOPPING CENTER, STRIP CENTER • 1,600 SF
      1402 Jefferson St, Nashville, TN 37208-3130
      View Details

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      This Listing Includes 4 Adjoining Lots, Totaling Roughly 0.52 AC

      This Listing Includes 4 Adjoining Lots, Totaling Roughly 0.52 AC
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    1506 Buchanan St
    Nashville, TN 37208-1406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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