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Property profile & analytics
OFF-MARKET Estimated value $2,520,000
Medical Office Space

2002 12th S Ave Nashville, TN 37204

3,101 SF 0.45 ac lot Built 1982
Entity Owned 5-yr Hold Free & Clear
Property ID
US80-1032311
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Total area 3,101 SF
Lot 0.45 ac (19,602 SF)
Zoning code CS
APN 105-09-0-472-00
UPID US80-1032311
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
$2.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.52M
Owner & transaction history
12 Lives LLC · 5 yrs held
12 Lives LLC
since 2021
Last sale
$2.4M
3 recorded transactions
2021
Price N/A
2021
$2.4M
1969
Price N/A
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CS, Commercial Service District. The CS district is intended to provide opportunities for a diverse range of commercial uses that include retail trade and consumer services, automobile sales and repair, small scale custom assembly, restaurants, entertainment and amusement establishments, financial, consulting and administrative services. This district may be…

Zone name Commercial Service
General category COMMERCIAL
Zone area 6,265.45 ac
Source Zoning Ordinance
Top alternative use upside
Auto repair, garage $1.9M +73.7%
Commercial (general) $1.6M +43.8%
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