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Property profile & analytics
OFF-MARKET
Estimated value
$4,400,000
Industrial properties
20 Culvert St Nashville, TN 37210-4210
Entity Owned
21-yr Hold
Free & Clear
Property ID
US80-1250012
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1946
Total area
50,064 SF
Lot
9.52 ac (414,691 SF)
Zoning code
MULTI-ZONE
APN
105-08-0-266-00
UPID
US80-1250012
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
-
AkzoNobel Coatings Inc Factory Chemical Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.96M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.40M
Owner & transaction history
Akzo Nobel Coating INC · 21 yrs held
Akzo Nobel Coating INC
since 2005
2 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.9M
+60.8%
Retail stores
$6.8M
+57.6%
Neighborhood: shopping center
$6.5M
+51.2%
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%
$5,375,000
6.5%
$4,960,000
7%
$4,605,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,295,000
Current use
MEDICAL BUILDING
$6,905,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$6,765,000
Change: +58% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,490,000
Change: +51% · Conversion: Difficult
RESTAURANT
$6,185,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$4,880,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±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
$88 / 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
$105,562
Tax year 2023
Assessed value
$3,244,080
Assessed 2023
Previous assessed
$3,244,080
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$837,760
Assessed improvement
$2,406,320
Land market value
$2,094,400
Improvement market value
$6,015,800
Total market value
$8,110,200
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1946
Heating
NONE
Cooling
CENTRAL
Buildings
20
Stories
1
Total area
50,064 SF
Lot
9.52 ac (414,691 SF)
Zoning code
MULTI-ZONE
APN
105-08-0-266-00
UPID
US80-1250012
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Zoning MULTI-ZONE · permitted uses
MULTI-ZONE · 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
INDUSTRIAL (GENERAL) Current
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$6.9M
RETAIL STORES
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
RESTAURANT
Est. value
$6.2M
OFFICE BUILDING
Est. value
$4.9M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
OFFICE 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
Year built
1946
Heating
NONE
Cooling
Yes
Stories
1
Buildings
20
Lot
9.52 ac
Current owner
From public records · entity-resolved
Akzo Nobel Coating INC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 59365, SCHAUMBURG, IL 60159-0365
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2005
—
Akzo Nobel Coating INC
International Paint LLC
Quit Claim Deed
related
—
Oct 2, 2002
—
International Paint INC
Ferro Corp
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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