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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
1921 21st S Ave Nashville, TN 37212-3833
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US80-1230748
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Construction
FRAME
Total area
2,976 SF
Lot
0.27 ac (11,761 SF)
Zoning code
MUN
APN
104-12-0-055-00
UPID
US80-1230748
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
-
Embassy Dental (Nashville) Dental Office
-
Dr. Mark Ruark Dental Office
-
Dr. Steven A. Wolf, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$515k
Owner & transaction history
Embassy Realty LLC · 16 yrs held
Embassy Realty LLC
since 2009
3 recorded transactions
Zoning & alternative use
MUN · 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
by Request
ML approach
$410,000
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$173 / 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
$18,213
Tax year 2023
Assessed value
$559,720
Assessed 2023
Previous assessed
$559,720
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$415,800
Assessed improvement
$143,920
Land market value
$1,039,500
Improvement market value
$359,800
Total market value
$1,399,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,976 SF
Lot
0.27 ac (11,761 SF)
Zoning code
MUN
APN
104-12-0-055-00
UPID
US80-1230748
Jurisdiction
DAVIDSON
Zoning & alternative use
MUN · Nashville, TN
Zoning MUN · permitted uses
MUN · 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
1974
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Embassy Realty LLC
Entity
Mailing address
1921 21ST AVE S, NASHVILLE, TN 37212-3833
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2009
$610,000
Embassy Realty LLC
Sir Manuel
Warranty Deed
$518,500 · Pinnacle National Bank
—
—
Embassy Realty LLC
—
Deed Of Trust
related
—
—
—
Willma I Solomon Village Limit
—
Deed Of Trust
related
$73,611 · O Connor Suzanne
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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