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Property profile & analytics
OFF-MARKET
Turn key restaurants
2203 Buchanan St, Nashville, TN 37208-1911
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-3497312
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Total area
3,920 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CS
APN
081-10-0-368-00
UPID
US80-3497312
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
-
Revelation Funeral Home, LLC Social Service Agency
-
G Lounge Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Buchanan Plaza Center INC · 4 yrs held
Buchanan Plaza Center INC
since 2021
Last sale
$130,000
7 recorded transactions
Zoning & alternative use
CS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,217
Tax year 2023
Assessed value
$252,520
Assessed 2023
Previous assessed
$245,000
+3.1% YoY
Effective rate
3.25%
On assessed value
Assessed land
$217,480
Assessed improvement
$35,040
Land market value
$543,700
Improvement market value
$87,600
Total market value
$631,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,920 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CS
APN
081-10-0-368-00
UPID
US80-3497312
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.
Building & site characteristics
From public records
Year built
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Buchanan Plaza Center INC
Entity
Free & Clear · 4 yrs held
Mailing address
3903 BRUSH HL RD, NASHVILLE, TN 37216-1903
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2021
—
Buchanan Plaza Center INC
Willie Myers
Quit Claim Deed
related
—
Sep 29, 2011
—
Willie Myers
Hope Of Tomorrow Ministries INC
Quit Claim Deed
related
—
Jan 14, 2011
$130,000
Hope Of Tomorrow Ministries M & M S
Anthony David M
Trustees Deed
related
—
Apr 14, 2008
—
Reconciliation Global Ministri
—
Trustees Deed
related
$351,328 · Federal National Com'l INC
Jul 26, 2004
$107,700
Reconciliation Full Gospel
States Resources Corp
Grant Deed
$93,415 · States Resources Corp
Jan 10, 2003
$74,810
States Resources Corp
Reasor,charles B
Grant Deed
—
—
—
Full Gospel Out Reconciliation
—
Deed Of Trust
related
$110,000 · Bank Of Nashville
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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