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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Office buildings
212 Oceola Ave Nashville, TN 37209-3116
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1852040
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
5,123 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CS
APN
103-02-0-224-00
UPID
US80-1852040
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
-
Mc Kenzie Law Office Pllc Law Firm
-
Exit Realty Diversified Real Estate Agency
-
Sam Rutherford Real Estate Agency
-
Zander Insurance Insurance Agency
-
Lisa L. Eden / Exit Real Estate Solutions Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.85M
Owner & transaction history
Nashcille Humane Association · 2 yrs held
Nashcille Humane Association
since 2024
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+22.2%
Retail stores
$2.4M
+14.5%
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
$1,850,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
$1,215,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,070,000
Current use
RESTAURANT
$2,530,000
Change: +22% · Conversion: Moderate
RETAIL STORES
$2,370,000
Change: +14% · Conversion: Moderate
MEDICAL BUILDING
$1,790,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (Apr 17 2024)
Last sale anchor
$1.85M
Apr 17 2024
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
$361 / 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
$11,358
Tax year 2023
Assessed value
$349,040
Assessed 2023
Previous assessed
$349,040
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$146,360
Assessed improvement
$202,680
Land market value
$365,900
Improvement market value
$506,700
Total market value
$872,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,123 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CS
APN
103-02-0-224-00
UPID
US80-1852040
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Nashville, TN
Zoning CS · permitted uses
CS · 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
OFFICE BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING Current
RESTAURANT
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
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Nashcille Humane Association
Individual
Mailing address
213 OCEOLA AVE, NASHVILLE, TN 37209-3115
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
$1,850,000
Nashcille Humane Association
Harold D Plemons
Warranty Deed
—
Sep 14, 2021
—
Harold Douglas Plemons
—
Deed
related
$630,000 · Firstbank
Oct 15, 2015
$1,087,500
Harold D Plemons
Double D & T Properties LLC
Warranty Deed
$768,071 · First Advantage Bank
Jul 31, 2015
$725,000
Double D & T Properties
B & B Properties
Warranty Deed
—
—
—
Double D & T Properties LLC
—
Deed Of Trust
related
$620,000 · Insbank
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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