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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Office buildings
213 3rd N Ave Nashville, TN 37201-1603
Trust Owned
9-yr Hold
Property ID
US80-0676869
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Total area
18,473 SF
Lot
0.11 ac (4,792 SF)
Zoning code
MULTI-ZONE
APN
093-02-3-164-00
UPID
US80-0676869
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
-
Out Call Services Law Firm
-
Szeigis Martin G Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.80M
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$3.50M
Owner & transaction history
Gm Community Property Trust · 9 yrs held
Gm Community Property Trust
since 2016
7 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%
$4,110,000
6.5%
$3,795,000
7%
$3,525,000
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±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
$189 / 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
$40,271
Tax year 2023
Assessed value
$1,190,250
Assessed 2023
Previous assessed
$1,190,250
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$490,245
Assessed improvement
$700,005
Land market value
$1,705,200
Improvement market value
$2,434,800
Total market value
$4,140,000
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
1940
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
18,473 SF
Lot
0.11 ac (4,792 SF)
Zoning code
MULTI-ZONE
APN
093-02-3-164-00
UPID
US80-0676869
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
Building & site characteristics
From public records
Year built
1940
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Gm Community Property Trust
Trust
Mailing address
213 PRINTERS ALY, NASHVILLE, TN 37201-1402
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
—
Melody Malloy
—
Deed
related
$4,525,135 · F & M Bank
Feb 2, 2022
—
Melody Anne Malloy
—
Deed
related
$2,723,000 · F & M Bank
Feb 1, 2017
—
Gm Community Property Trust
—
Deed
related
$925,000 · First Community Bank Of Tennessee
Dec 29, 2016
—
Gm Community Property Trust
Bowie,gary R
Quit Claim Deed
related
—
Oct 18, 2016
—
Gary R Bowe
—
Deed
related
$350,000 · First Community Bank Of Bedford County
Apr 27, 2012
$825,000
Gary R Bowie
Tune,carolyn N
Grant Deed
—
Apr 1, 2010
—
Carolyn N Tune
—
Deed Of Trust
related
$1,600,000 · First National Bank Mcminnvill
Oct 18, 2005
$300,000
Carolyn N Tune
Norman,jack JR & Barbara K
Warranty Deed
—
Jan 2, 1991
$120,000
Carolyn Net Al Tune
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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