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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Individual retail properties
2037 Jefferson St, Nashville, TN 37208-2909
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-3499725
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1960
Total area
2,415 SF
Lot
0.1 ac (4,356 SF)
Zoning code
MULTI-ZONE
APN
092-03-0-403-00
UPID
US80-3499725
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
-
Dimelo Motor Works Auto Repair Shop Motorcycle Shop
-
Inner Eaze Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$590k
Owner & transaction history
Samuel Namr · 1 yrs held
Samuel Namr
since 2025
Last sale
$560,000
6 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$845,000
+11.8%
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
$660,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LAUNDROMAT (SELF-SERVICE)
$755,000
Current use
MEDICAL BUILDING
$845,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$705,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$665,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $560k (Feb 20 2025)
Last sale anchor
$560k
Feb 20 2025
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
$244 / 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
$3,661
Tax year 2023
Assessed value
$112,520
Assessed 2023
Previous assessed
$112,520
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$61,000
Assessed improvement
$51,520
Land market value
$152,500
Improvement market value
$128,800
Total market value
$281,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
1960
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,415 SF
Lot
0.1 ac (4,356 SF)
Zoning code
MULTI-ZONE
APN
092-03-0-403-00
UPID
US80-3499725
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
LAUNDROMAT (SELF-SERVICE) Current
Est. value
$755,000
MEDICAL BUILDING
Est. value
$845,000
OFFICE BUILDING
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$665,000
LAUNDROMAT (SELF-SERVICE) Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1960
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Samuel Namr
Individual
Mailing address
1225 CRESSY LN, BRENTWOOD, TN 37027-1432
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
$560,000
Samuel Namr
Salwa S Suror
Warranty Deed
$476,000 · First Citizens National Bank
Oct 12, 2018
—
Adel Gayed
—
Deed
related
$62,000 · First Bank
Aug 16, 2013
$106,000
Adel Gayed
Melvin J Smith
Warranty Deed
$74,200 · Bank Of Nashville
Feb 6, 2006
$164,000
Melvin J Smith
Osa-oni,felix
Warranty Deed
$132,000 · Tennessee Commerce Bank
Dec 2, 1997
$52,500
Felix Osa Oni
—
Grant Deed
related
—
—
—
Melvin J Smith
—
Deed Of Trust
related
$50,000 · Grassland Financial Svcs INC
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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