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Property profile & analytics
OFF-MARKET
Estimated value
$2,820,000
Office buildings
219 2nd Ave N Ste 200 Nashville, TN 37201-1615
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1141976
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1899
Total area
2,475 SF
Zoning code
MULTI-ZONE
APN
093-02-3A-003-00
UPID
US80-1141976
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.82M
Owner & transaction history
Parkville 6309 LLC · 1 yrs held
Parkville 6309 LLC
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,325,000
ML approach
$3,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.82M
Range $2.54M – $3.10M · ±10% · vs last sale $2.83M (Mar 24 2025)
Last sale anchor
$2.83M
Mar 24 2025
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
$1,139 / 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
$16,902
Tax year 2023
Assessed value
$499,560
Assessed 2023
Previous assessed
$499,560
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$102,480
Assessed improvement
$397,080
Land market value
$256,200
Improvement market value
$992,700
Total market value
$1,248,900
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
1899
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,475 SF
Zoning code
MULTI-ZONE
APN
093-02-3A-003-00
UPID
US80-1141976
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Zoning 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
Nashville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1899
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Parkville 6309 LLC
Entity
Mailing address
2 W MARKET ST, WEST CHESTER, PA 19382-3021
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
$2,828,000
Parkville 6309 LLC
Jhr Music Loft LLC
Warranty Deed
$1,979,600 · Truxton Trust Company
Jul 6, 2020
—
Jhr Music Loft LLC
—
Deed
related
$950,000 · Red Fox Cap Mtg Fund LP
Jan 17, 2018
$1,750,000
Jhr Music Loft LLC
Courtney,deward B & Rhonda L
Warranty Deed
—
Jan 19, 2005
$230,000
Deward B Courtney
Galbreath II
Warranty Deed
$370,000 · National Bank Of Commerce
Dec 7, 2001
$251,000
LP Galbreath II
Lineberry,stephen W
Grant Deed
—
Jan 26, 2001
$272,500
Stephen W Lineberry
Galbreath,charles
Grant Deed
$272,499 · Individual
Nov 2, 1999
$275,000
Charles Galbreath
Adkins,nanci C
Grant Deed
—
—
—
Nanci C Adkins
—
Deed Of Trust
related
$181,993 · First American National Bank
—
—
Nanci C Adkins
—
Deed Of Trust
related
$89,500 · First American National Bank
—
—
Jhr Music Loft LLC
—
Deed Of Trust
related
$950,000 · Red Fox Cap Mtg Fund LP
—
—
Deward B Courtney
—
Deed Of Trust
related
$52,000 · Amsouth Bank
—
—
Deward B Courtney JR.
—
Deed Of Trust
related
$468,000 · Suntrust Mortgage INC
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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