New search
Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Grocery and convenience stores
1905 Meridian St, Nashville, TN 37207-5034
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1728757
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1940
Total area
2,479 SF
Lot
0.16 ac (6,970 SF)
Zoning code
CS
APN
071-07-0-190-00
UPID
US80-1728757
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
-
Trinity Lane Market Grocery & Convenience Store Food Market
-
Mary Mart Smoke shop & Tobacco and Beer (Bike/Boat/Book/etc) Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Meridian R & H LLC · 3 yrs held
Meridian R & H LLC
since 2023
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+31.1%
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
$900,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,145,000
Current use
AUTO REPAIR, GARAGE
$1,505,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,145,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $1.00M (Mar 15 2023)
Last sale anchor
$1.00M
Mar 15 2023
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
$385 / 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
$3,557
Tax year 2023
Assessed value
$109,320
Assessed 2023
Previous assessed
$109,320
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$69,680
Assessed improvement
$39,640
Land market value
$174,200
Improvement market value
$99,100
Total market value
$273,300
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1940
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
2,479 SF
Lot
0.16 ac (6,970 SF)
Zoning code
CS
APN
071-07-0-190-00
UPID
US80-1728757
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Nashville, TN
Zoning CS · permitted uses
CS · 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
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1940
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Meridian R & H LLC
Entity
Mailing address
1905 MERIDIAN ST, NASHVILLE, TN 37207-5034
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Mar 15, 2023
$1,000,000
Meridian R & H LLC
Boulus Silman
Warranty Deed
$850,000 · First Citizens National Bank
Oct 11, 2021
—
Boulus Gerges Siliman
Kaml Soltan Haroun
Quit Claim Deed
related
$100,000 · Growth Capitla LLC
Dec 16, 2019
—
Mamdouh Rezk
Mamdouh Rezk
Quit Claim Deed
related
—
Nov 1, 2016
$105,000
Mamdouh Rezk
Jdd Properties LLC
Grant Deed
—
Dec 7, 2015
—
Jdd Properties LLC
Mma Partners Gp
Quit Claim Deed
related
—
Nov 23, 2015
$160,000
Mma Partners Gp
Michael C Springer
Warranty Deed
$120,000 · First Tennessee Bank NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1905 Meridian St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
