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Property profile & analytics
OFF-MARKET
Estimated value
$110,920,000
Hotels
1620 End Ave Nashville, TN 37203-3126
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-2251815
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Total area
253,700 SF
APN
092-12-4A-004-00
UPID
US80-2251815
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
-
Thistle and Rye Restaurant
-
Conrad Nashville Hotel & Motel
-
Blue Aster Restaurant
-
The Fifth Avenue Club Nashville Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$95.77M
Blend (final)
Blend
$110.92M
Owner & transaction history
Nw Rad LLC · 4 yrs held
Nw Rad LLC
since 2022
Last sale
$119.0M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$153.8M
+104.7%
Warehouse, storage
$135.5M
+80.4%
Neighborhood: shopping center
$134.3M
+78.8%
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
$109,905,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$75,130,000
Current use
AUTO REPAIR, GARAGE
$153,790,000
Change: +105% · Conversion: Difficult
WAREHOUSE, STORAGE
$135,510,000
Change: +80% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$134,295,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$117,325,000
Change: +56% · Conversion: Difficult
MEDICAL BUILDING
$88,535,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$110.92M
Range $99.83M – $122.01M · ±10% · vs last sale $119.00M (Jun 21 2022)
Last sale anchor
$119.00M
Jun 21 2022
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
$437 / 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
$1,106,382
Tax year 2023
Assessed value
$34,000,680
Assessed 2023
Previous assessed
$16,233,880
+109.4% YoY
Effective rate
3.25%
On assessed value
Assessed land
$2,123,600
Assessed improvement
$31,877,080
Land market value
$5,309,000
Improvement market value
$79,692,700
Total market value
$85,001,700
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Stories
13
Total area
253,700 SF
APN
092-12-4A-004-00
UPID
US80-2251815
Jurisdiction
DAVIDSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$75.1M
AUTO REPAIR, GARAGE
Est. value
$153.8M
WAREHOUSE, STORAGE
Est. value
$135.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$134.3M
RETAIL STORES
Est. value
$117.3M
MEDICAL BUILDING
Est. value
$88.5M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Stories
13
Current owner
From public records · entity-resolved
Nw Rad LLC
Entity
Mailing address
1819 WAZEE ST, DENVER, CO 80202-1781
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$119,000,000
Nw Rad LLC
Broadwest Hotel Partners LLC
Special Warranty Deed
$114,047,249 · Rbc Real Estae Capital Corp
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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