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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Gas stations
1616 Broadway Nashville, TN 37203-3124
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-0692968
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1935
Total area
6,999 SF
Lot
0.51 ac (22,216 SF)
Zoning code
MUI-A
APN
092-12-0-490-00
UPID
US80-0692968
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 Nashville Sign Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Blackbird Realty Ventures LLC · 4 yrs held
Blackbird Realty Ventures LLC
since 2022
7 recorded transactions
Zoning & alternative use
MUI-A · 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
$162 / 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
$90,449
Tax year 2023
Assessed value
$2,779,640
Assessed 2023
Previous assessed
$2,779,640
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$2,665,920
Assessed improvement
$113,720
Land market value
$6,664,800
Improvement market value
$284,300
Total market value
$6,949,100
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1935
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
6,999 SF
Lot
0.51 ac (22,216 SF)
Zoning code
MUI-A
APN
092-12-0-490-00
UPID
US80-0692968
Jurisdiction
DAVIDSON
Zoning & alternative use
MUI-A · Nashville, TN
Zoning MUI-A · permitted uses
MUI-A · 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
1935
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Blackbird Realty Ventures LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1701 W END AVE STE #400, NASHVILLE, TN 37203-2603
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
—
Blackbird Realty Ventures LLC
Sanders Realty Holdings LLC
Correction Deed
related
—
Mar 3, 2021
—
Blackbird Realty Ventures LLC
Sanders Realty Holdings LLC
Warranty Deed
—
Dec 18, 2020
—
Sanders Realty Holdings LLC
Sanders Media Holdings LLC
Quit Claim Deed
—
Mar 20, 2018
—
Trabue Triangle LLC
—
Deed
related
$1,000,000 · Truxton Tr Co
Oct 15, 2015
$4,050,000
Trabue Triangle LLC
Osborn,virginia
Grant Deed
—
Oct 15, 2015
—
Trabue Triangle LLC
Osborn,virginia
Quit Claim Deed
related
$4,725,000 · Truxton Trust Co
Jul 23, 2007
$100
Trabue Triangle LLC
Sanders,dancey T
Quit Claim Deed
related
—
—
—
Trabue Triangle LLC
—
Deed Of Trust
related
$1,000,000 · Truxton Tr Co
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
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