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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Banks
2031 Richard Jones Rd, Nashville, TN 37215-3160
Individually Owned
Free & Clear
Property ID
US80-0717943
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2014
Total area
4,592 SF
Lot
0.42 ac (18,295 SF)
Zoning code
SCR
APN
117-14-0-144-01
UPID
US80-0717943
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
-
Bank of America Home Mortgage Loan Service Bank
-
Bank of America ATM (Drive-thru) Atm
-
Bank of America (with Drive-thru ATM) Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Family Tr U W O Robert E Harwell II
Family Tr U W O Robert E Harwell II
since 2026
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
SCR · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+22.4%
Retail stores
$2.1M
+12.8%
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
$1,735,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,885,000
Current use
COMMERCIAL (GENERAL)
$2,305,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$2,125,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$1,600,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.59M (May 14 2021)
Last sale anchor
$1.59M
May 14 2021
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
$360 / 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
$40,736
Tax year 2023
Assessed value
$1,251,880
Assessed 2023
Previous assessed
$1,251,880
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$878,160
Assessed improvement
$373,720
Land market value
$2,195,400
Improvement market value
$934,300
Total market value
$3,129,700
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2014
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,592 SF
Lot
0.42 ac (18,295 SF)
Zoning code
SCR
APN
117-14-0-144-01
UPID
US80-0717943
Jurisdiction
DAVIDSON
Zoning & alternative use
SCR · Nashville, TN
Zoning SCR · permitted uses
SCR · 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
FINANCIAL BUILDING Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.6M
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
2014
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Family Tr U W O Robert E Harwell II
Individual
Free & Clear · 0 yrs held
Mailing address
3102 W END AVE STE #775, NASHVILLE, TN 37203-1499
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2026
$1,612,889
Family Tr U W O Robert E Harwell II
The Separate Share Trust
Special Warranty Deed
—
Mar 17, 2026
$1,053,777
Robert E E Harwell Family Trust
Jonathan Mckelvey Harwell
Special Warranty Deed
—
Dec 29, 2025
—
Coleman A Harwell II Rlt
Coleman Harwell
Deed
related
—
May 14, 2021
$1,590,000
Family Trust Robert E Harwll II
Reh Investments LLC
Special Warranty Deed
—
Feb 1, 2017
$589,456
Reh Investments LLC
Harwell Robert E JR
Quit Claim Deed
related
—
Jun 28, 2016
—
Thomas C Harwell
Harwell Robert E JR
Quit Claim Deed
related
—
Jun 27, 2016
—
Reh Investments LLC
Harwell Jane M
Quit Claim Deed
related
—
May 21, 2015
—
Green Hills Mixed Use LLC
—
Deed Of Trust
related
$75,000,000 · Manufacturers & Traders Tr
Mar 5, 2013
—
Coleman A Harwell II
Fifth Third Bk
Quit Claim Deed
related
—
Sep 22, 2004
—
Robert E Harwell JR.
Harwell,robert E JR
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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