Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    211 Union St Nashville, TN 37201
    Back to Search
    Property profile & analytics

    211 Union St, Nashville, TN 37201

    View on Map
    • High-rise multifamily apartments
    • 189,937 SF
    • 0.36 lot acres
    For Lease
    $1,975,000
    View Listing →
    Historic Office Space in Nashville For Lease
    $1,975,000
    1,107 SF

    Historic Office Space in Nashville

    Downtown Nashville office space with historic architectural details.

    211 Union St, Nashville, TN
    View Listing
    Property ID
    US80-1998834
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ridings Law Group, P.C. / Law Firm
    • Swaggie Records Nashville / (Bike/Boat/Book/etc) Store
    • Nashville Vedic Astrology / Apartment Building
    • Information Systems-Govt Chnnl / County Government Office
    • Thornhill Creative / (Bike/Boat/Book/etc) Store / Printing Service

    Property Details for 211 Union St

    Year built
    1907
    Lot size
    0.36 lot acres
    Zone code
    MULTI-ZONE
    Property type
    High-rise multifamily apartments
    APN
    093-02-3-155-00
    APU
    9302315500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 31, 2023 — Stahlman Nashville LP — Deed · related $237.8M · Pgim Real Estate U S Debt Fund Borrower
    Nov 30, 2016 — Stahlman Nashville LP Stahlman Redevelopment Partners LLC Quit Claim Deed · related $17.5M · Berkadia Commercial Mortgage LLC
    Jan 26, 2005 $500,000 Stahlman Redev Ptrs LLC Metropolitan Dev & Hsng Agcy Grant Deed —
    Sep 10, 2004 — Metropolitan Dev & Hsng Agcy Metropolitan Govt Of Nashville Quit Claim Deed · related —
    — — Redevelopment Partner Stahlman — Deed Of Trust · related $17.1M · Berkeley Point Capital LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7782
    Latitude
    36.1655
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $469,968
    $2,146,200
    $11,744,200
    $13,890,400
    -
    $5,365,500
    $29,360,500
    $34,726,000

    Comparable in this City

    • Value Estimation by Request
      43,575 SF

      162 3rd N Ave

      HIGH-RISE APARTMENTS
      162 3rd N Ave, Nashville, TN 37201-1839
      View Details
    • Value Estimation
      $2,060,000
      25,583 SF

      210 Stockyard St

      HIGH-RISE APARTMENTS
      210 Stockyard St, Nashville, TN 37201-1098
      View Details
    • Value Estimation
      $16,770,000
      326,763 SF

      205 Demonbreun St

      HIGH-RISE APARTMENTS
      205 Demonbreun St, Nashville, TN 37201-2332
      View Details
    • Value Estimation
      $2,055,000
      166,165 SF

      211 Stockyard St

      HIGH-RISE APARTMENTS
      211 Stockyard St, Nashville, TN 37201-1114
      View Details
    • Value Estimation
      $1,760,000
      11,742 SF

      214 3rd N Ave

      HIGH-RISE APARTMENTS
      214 3rd N Ave, Nashville, TN 37201-1604
      View Details
    • Value Estimation by Request
      26,450 SF

      Nashville United States"

      Office Units
      0 Nashville United States", Nashville, TN 37201
      View Details

    Similar Nearby for Sale

    • $11,299,000
      14,500 SF

      Historic Mixed-Use Building in Nashville

      Historic 14,500 SF mixed-use property in Downtown Nashville.
      213 Printers Aly, Nashville, TN 37201
      View Details
    • $8,875,000
      11,740 SF

      Turnkey Nashville Short-Term Rental Asset

      Fully renovated, cash-flowing short-term rental property in downtown Nashville.
      214 3Rd Ave N, Nashville, TN 37201
      View Details
    • Contact for pricing

      Downtown Nashville Mixed-Use Building

      Prime mixed-use property in downtown Nashville with income potential.
      218 3Rd Ave N, Nashville, TN 37201
      View Details
    • Contact for pricing

      Riverfront Redevelopment Site in Nashville

      Rare riverfront redevelopment opportunity in Downtown Nashville.
      1st 1St Ave N, Nashville, TN 37201
      View Details
    • Contact for pricing
      9,479 SF

      Industrial Property Available August 2026

      Industrial property featuring 9,479 square feet, available August 2026.
      940 3Rd Ave N, Nashville, TN 37201
      View Details
    • Contact for pricing
      6,800 SF

      Downtown Nashville Retail Building

      Retail building in downtown Nashville's entertainment district.
      125-127 2Nd Ave N, Nashville, TN 37201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      23,000 SF

      LEED Gold Certified Office Tower

      Downtown Nashville office space with modern amenities and convenient location.
      150 3Rd Ave S, Nashville, TN 37201
      View Details
    • Contact for pricing
      28,672 SF

      Class A Office Space

      Downtown Nashville office space with excellent access and amenities.
      300 Commerce St, Nashville, TN 37201
      View Details
    • Contact for pricing
      9,413 SF

      Nashville Office Space For Rent

      9,413 square foot office space available for rent.
      111 Broadway, Nashville, TN 37201
      View Details
    • Contact for pricing
      15,819 SF

      Nashville Skyline Branding Opportunity

      Rare opportunity with skyline views, outdoor amenities, and convenient location.
      404 James Robertson Pkwy, Nashville, TN 37201
      View Details
    • Contact for pricing
      6,194 SF

      Office Space Near Germantown

      Office space for lease in central Nashville location.
      446 James Robertson Pkwy, Nashville, TN 37201
      View Details
    • Contact for pricing
      11,345 SF

      Downtown Nashville Parking and Retail

      Prime downtown location near hotels, entertainment, and major interstates.
      350 Deaderick St, Nashville, TN 37201
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    211 Union St
    Nashville, TN 37201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    211 Union St, Nashville, TN, 37201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!