Entity Owned Property summary
AI-generated overview
Own a piece of Nashville history with this unique mixed-use building at 217 2nd Ave N, built in 1875. This all-brick structure is situated in the revitalized 2nd and Broadway subdistrict, benefiting from recent infrastructure improvements and streetscape rehabilitation. Located just one block from the Cumberland River and the East Bank redevelopment project, this property enjoys a prime position between Nashville's tourist and government centers. The building offers a versatile layout currently configured as: a basement-level recording studio and materials library
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Total area
8,294 SF
Lot
0.06 ac (2,614 SF)
Zoning code
MULTI-ZONE
APN
093-02-3-178-00
UPID
US80-0730094
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Recording Studio
-
Interior Design Home Decor Store
-
Parking Lot & Garage
-
Real Estate Agency
-
Solar Energy Company
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$180k
Owner & transaction history
since 2025
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$180k
Value range
$162k – $198k
±10% around blend
Estimated value / SF
$22 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
$162k
blend $180k
$198k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,294 SF
Lot area
0.06 ac
Year built
1890
Stories
2
APN
093-02-3-178-00
Zoning
MULTI-ZONE
Assessed value
$1,106,040
Annual tax
$37,422
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$11.31M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.2 mi away · 6,808 SF
5.1 mi away · 9,996 SF
5.3 mi away · 7,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$180k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$438
-95%
Submarket 521 sales
$292
-93%
County 620 sales
$275
-92%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $22/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.10M
Move the market yield to see immediate price impact.
Value / SF
$615
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$321k
$6.43M
$4.59M
$3.57M
$357k
$7.14M
$5.10M
$3.97M
$393k
$7.85M
$5.61M
$4.36M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$8.60M
0.2 mi · Dec 2025 · $1,265/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,422
Tax year 2023
Assessed value
$1,106,040
Assessed 2023
Previous assessed
$1,106,040
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$669,082
Assessed improvement
$436,958
Land market value
$1,672,704
Improvement market value
$1,092,396
Total market value
$2,765,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1890
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
8,294 SF
Lot
0.06 ac (2,614 SF)
Zoning code
MULTI-ZONE
APN
093-02-3-178-00
UPID
US80-0730094
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
Building & site characteristics
From public records
Year built
1890
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MULTI-ZONE
Jurisdiction
Nashville, TN
Recorded code
MULTI-ZONE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MULTI-ZONE in Nashville, TN.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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