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Property profile & analytics
OFF-MARKET
Estimated value
$16,060,000
Office buildings
1654 Elm Hl Pike Nashville, TN 37210-3638
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1413203
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
40,308 SF
Lot
34.21 ac (1,490,188 SF)
Zoning code
IR
APN
107-01-0-007-00
UPID
US80-1413203
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
-
Trane Supply Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.06M
Owner & transaction history
Freshpoint Nashville INC · 14 yrs held
Freshpoint Nashville INC
since 2011
6 recorded transactions
Zoning & alternative use
IR · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$24.4M
+68.3%
Commercial (general)
$21.7M
+49.5%
Restaurant
$19.9M
+37.0%
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,520,000
Current use
AUTO REPAIR, GARAGE
$24,435,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$21,700,000
Change: +49% · Conversion: Easy
RESTAURANT
$19,900,000
Change: +37% · Conversion: Moderate
RETAIL STORES
$18,640,000
Change: +28% · Conversion: Moderate
MEDICAL BUILDING
$14,065,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$11,670,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$16.06M
Range $14.45M – $17.67M · ±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
$398 / 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
$514,247
Tax year 2023
Assessed value
$15,803,520
Assessed 2023
Previous assessed
$15,803,520
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,847,360
Assessed improvement
$13,956,160
Land market value
$4,618,400
Improvement market value
$34,890,400
Total market value
$39,508,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
40,308 SF
Lot
34.21 ac (1,490,188 SF)
Zoning code
IR
APN
107-01-0-007-00
UPID
US80-1413203
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.5M
AUTO REPAIR, GARAGE
Est. value
$24.4M
COMMERCIAL (GENERAL)
Est. value
$21.7M
RESTAURANT
Est. value
$19.9M
RETAIL STORES
Est. value
$18.6M
MEDICAL BUILDING
Est. value
$14.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Year built
1969
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
5
Lot
34.21 ac
Current owner
From public records · entity-resolved
Freshpoint Nashville INC
Entity
Free & Clear · 14 yrs held
Mailing address
760 MELROSE AVE, NASHVILLE, TN 37211-2151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2022
—
William H Hawkins
—
Deed
related
$16,600,000 · Capstar Bank
Sep 27, 2011
$1,735,000
Freshpoint Nashville INC
Hawkins William H
Grant Deed
—
Jun 27, 2008
—
Metcom Investors
—
Trustees Deed
related
$4,980,000 · Bank Of Nashville
May 16, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 1, 2005
—
Metcom Investors
—
Grant Deed
related
$13,212,000 · Bank Of Nashville
Sep 22, 2003
—
Hawkins,william H Tr
Kroger LP
Trustees Deed
$7,525,000 · National Bank Commerce Tr & Sa
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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