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Property profile & analytics
OFF-MARKET
Estimated value
$5,200,000
Parking lots & garages
1809 Lebanon Pike, Nashville, TN 37210
Entity Owned
~
Est. High Equity
Property ID
US80-1995818
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1917
Total area
4,027 SF
Lot
4.48 ac (195,149 SF)
Zoning code
IWD
APN
095-00-0-003-00
UPID
US80-1995818
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.20M
Owner & transaction history
Gibbs Family Limited Partnership
Gibbs Family Limited Partnership
since 2026
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
IWD · 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
Method
Estimation
Statistic approach
$5,200,000
ML approach
$5,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.20M
Range $4.68M – $5.72M · ±10% · vs last sale $5.20M (Jun 5 2024)
Last sale anchor
$5.20M
Jun 5 2024
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
$1,291 / 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
$16,494
Tax year 2023
Assessed value
$506,880
Assessed 2023
Previous assessed
$506,880
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$312,240
Assessed improvement
$194,640
Land market value
$780,600
Improvement market value
$486,600
Total market value
$1,267,200
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1917
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
7
Bathrooms
2
Total area
4,027 SF
Lot
4.48 ac (195,149 SF)
Zoning code
IWD
APN
095-00-0-003-00
UPID
US80-1995818
Jurisdiction
DAVIDSON
Zoning & alternative use
IWD · Nashville, TN
Zoning IWD · permitted uses
IWD · 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
1917
Heating
YES
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
2
Lot
4.48 ac
Current owner
From public records · entity-resolved
Gibbs Family Limited Partnership
Entity
Mailing address
2429 PECK RD, WHITTIER, CA 90601-1605
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
$5,400,000
Gibbs Family Limited Partnership
Vvg Real Estate Holdings LLC
Special Warranty Deed
$2,400,000 · Regions Bank
Jun 5, 2024
—
Vvg Real Estate Holdings LLC
Velocity Dealership Acquistion LLC
Quit Claim Deed
related
—
Jul 21, 2022
$5,200,000
Velocity Dealership Acquisition LLC
Sierra Denali LLC
Special Warranty Deed
—
Jul 21, 2022
—
Sierra Denali LLC
Horsepower J V
Quit Claim Deed
related
—
Apr 21, 2022
$2,800,000
Horsepower J V
Jja Properties Tn LLC
Special Warranty Deed
—
May 17, 2018
—
Jja Properties Tn LLC
—
Grant Deed
related
$23,500,000 · Mercedes-benz Fin'l Svcs USA
Nov 18, 2016
—
Jja Properties Tn LLC
Jja Properties Tn LLC
Quit Claim Deed
related
—
Nov 7, 2016
—
Jja Properties Tn LLC
—
Deed
related
$15,000,000 · Mercedes Benz Financial Services USA LLC
Sep 2, 2015
$675,000
Jja Properties Tn LLC
Caplenor,jane P
Warranty Deed
—
Oct 7, 2005
—
Jane P Caplenor
Parkerson,nona M
Quit Claim Deed
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.
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