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Property profile & analytics
OFF-MARKET
Estimated value
$10,010,000
High-rise multifamily apartments
211 7th N Ave Nashville, TN 37219-1823
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-0685669
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1900
Total area
64,954 SF
Lot
0.35 ac (15,246 SF)
Zoning code
MULTI-ZONE
APN
093-05-2-008-00
UPID
US80-0685669
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
-
Flat Creek :: Technology | Strategy | Communications Advertising Agency Marketing & Advertising
-
Farrar & Bates: Reeves Joseph S Law Firm
-
Kasa Capitol Hill Downtown Nashville Hotel & Motel
-
The Score Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.01M
Owner & transaction history
Historic Polk Properties LLC · 6 yrs held
Historic Polk Properties LLC
since 2019
3 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
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%
$11,285,000
6.5%
$10,415,000
7%
$9,670,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$15,975,000
Current use
Blend value · Realmo final
$10.01M
Range $9.01M – $11.01M · ±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
$154 / 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
$403,079
Tax year 2023
Assessed value
$11,913,440
Assessed 2023
Previous assessed
$6,539,440
+82.2% YoY
Effective rate
3.38%
On assessed value
Assessed land
$2,205,000
Assessed improvement
$9,708,440
Land market value
$5,512,500
Improvement market value
$24,271,100
Total market value
$29,783,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Total area
64,954 SF
Lot
0.35 ac (15,246 SF)
Zoning code
MULTI-ZONE
APN
093-05-2-008-00
UPID
US80-0685669
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning 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
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$16.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1900
Heating
CENTRAL
Cooling
Yes
Stories
5
Lot
0.35 ac
Current owner
From public records · entity-resolved
Historic Polk Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
618 CHURCH ST STE #200, NASHVILLE, TN 37219-2435
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2019
—
Historic Polk Properties LLC
Shm Holdings LLC
Quit Claim Deed
related
—
Feb 17, 1993
$3,850,000
Southlife INC
Unknown
Grant Deed
—
Apr 1, 1992
$2,750,000
Southlife INC
Unknown,
Grant Deed
—
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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