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Property profile & analytics
OFF-MARKET
Estimated value
$5,520,000
Motels
2306 Brick Church Pike Nashville, TN 37207-4402
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0088928
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1973
Total area
35,570 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CL
APN
071-02-0-202-00
UPID
US80-0088928
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
-
The Wilder Apartment Complex
-
Hoteles en Nashville Tennessee Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.41M
CAP Approach
CAP
$3.98M
Comparable Approach
Comparable
$4.99M
Blend (final)
Blend
$5.52M
Owner & transaction history
Health & Educational Facilities Brd · 2 yrs held
Health & Educational Facilities Brd
since 2023
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
CL · 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
$5,335,000
ML approach
$5,410,000
CAP Approach
CAP Return
Estimation
6%
$4,310,000
6.5%
$3,975,000
7%
$3,695,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,840,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.52M
Range $4.97M – $6.07M · ±10% · vs last sale $5.94M (Dec 28 2023)
Last sale anchor
$5.94M
Dec 28 2023
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
$155 / 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
$26,429
Tax year 2023
Assessed value
$812,200
Assessed 2023
Previous assessed
$812,200
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$159,960
Assessed improvement
$652,240
Land market value
$399,900
Improvement market value
$1,630,600
Total market value
$2,030,500
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
CENTRAL
Stories
4
Total area
35,570 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CL
APN
071-02-0-202-00
UPID
US80-0088928
Jurisdiction
DAVIDSON
Zoning & alternative use
CL · Nashville, TN
Zoning CL · permitted uses
CL · 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
WAREHOUSE, STORAGE
Est. value
$8.8M
WAREHOUSE, STORAGE
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
1973
Heating
NONE
Cooling
Yes
Stories
4
Lot
1.36 ac
Current owner
From public records · entity-resolved
Health & Educational Facilities Brd
Individual
Mailing address
424 CHURCH ST STE #2700, NASHVILLE, TN 37219-2380
Ownership since
2023
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
Dec 28, 2023
—
Health & Educational Facilities Brd
Brick Church Property LLC
Quit Claim Deed
related
—
Apr 18, 2022
$5,935,000
Brick Church Property LLC
Mss Hotels LLC
Warranty Deed
$6,300,000 · Truxton Trust Co
Jan 5, 2022
—
Mss Hotels LLC
—
Deed
related
$3,200,000 · Ascend FCU
Feb 22, 2017
—
Mss Hotels LLC
—
Deed
related
$1,700,000 · Ascend FCU
Apr 28, 2006
$1,350,000
Mss Hotels LLC
Lachmandas,dipak & Harsha
Warranty Deed
$877,500 · Tennessee Bank & Trust Co
—
—
Mss Hotels LLC
—
Loan Modification
related
$1,149,709 · Tennessee Bank & Trust Co
—
—
Mss Hotels LLC
—
Deed Of Trust
related
$300,000 · Tennessee Bank & Trust Co
—
—
Mss Hotels LLC
—
Deed Of Trust
related
$250,000 · Tennessee Bank & Trust Co
—
—
Mss Hotels LLC
—
Deed Of Trust
related
$1,061,071 · Tennessee Bank & Trust Co
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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