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Property profile & analytics
OFF-MARKET Estimated value $12,365,000
High-rise multifamily apartments

2000 Grand Ave Nashville, TN 37212-2101

90,742 SF 0.69 ac lot Built 1989
Entity Owned 22-yr Hold Free & Clear
Property ID
US80-2027498
Property profile
Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 1989
Total area 90,742 SF
Lot 0.69 ac (30,056 SF)
Zoning code ORI-A
APN 104-04-0-013-00
UPID US80-2027498
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
  • Twenty & Grand Apartment Building
  • Music City Arts Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.55M
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.37M
Owner & transaction history
Rochester Twenty LLC · 22 yrs held
Rochester Twenty LLC
since 2004
4 recorded transactions
2004
Price N/A
1993
$5.5M
1988
$961,750
1969
Price N/A
Zoning & alternative use
ORI-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ORI, Office/Residential Intensive District and ORI-A, Office Residential Intensive District Alternative. The ORI district is designed to provide adequate and suitable space in appropriate locations for high intensity office uses mutually compatible with high-density residential uses. A selective list of retail trade, business service and personal care servic…

Zone name Office Residential Intensive Alternative
General category COMMERCIAL
Zone area 76.53 ac
Source Zoning Ordinance
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