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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Bars & Pubs
2318 12th S Ave Nashville, TN 37204-2429
Entity Owned
~
Est. High Equity
Property ID
US80-1760581
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1965
Total area
3,448 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CS
APN
105-13-0-211-00
UPID
US80-1760581
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
-
12 South Taproom and Grill Bar & Pub Restaurant
-
parkingmgt.com Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$630k
Owner & transaction history
2318 12th Avenue South LLC
2318 12th Avenue South LLC
since 2026
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
Method
Estimation
Statistic approach
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,000,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$183 / 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
$27,885
Tax year 2023
Assessed value
$856,960
Assessed 2023
Previous assessed
$856,960
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$786,720
Assessed improvement
$70,240
Land market value
$1,966,800
Improvement market value
$175,600
Total market value
$2,142,400
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1965
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,448 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CS
APN
105-13-0-211-00
UPID
US80-1760581
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
2318 12th Avenue South LLC
Entity
Mailing address
2318 12TH AVE S, NASHVILLE, TN 37204-2429
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
May 1, 2026
$12,000,000
2318 12th Avenue South LLC
Jaw On 7th LLC
Special Warranty Deed
$12,100,000 · Smartbank
Mar 19, 2026
—
Jaw On 7th LLC
—
Deed
related
$2,100,000 · Studio Bank
Dec 30, 2020
—
Jaw On 7th LLC
—
Deed
related
$2,195,000 · Capstar Bk
May 23, 2017
—
Jaw On 7th LLC
—
Deed
related
$2,093,100 · Synovus Bk
Nov 28, 2012
$1,150,000
Jaw On 7th LLC
Urban Property Partners
Special Warranty Deed
$975,000 · Branch Banking And Trust Co
Jan 24, 2003
$210,000
Urban Property Partners
Hauter,amin
Grant Deed
$157,500 · Regions Bank
Oct 1, 1997
$175,000
Amin Hauter
—
Grant Deed
related
—
—
—
Jaw On 7th LLC
—
Deed Of Trust
related
$2,093,100 · Synovus Bk
—
—
Jaw On 7th LLC
—
Deed Of Trust
related
$2,195,000 · Capstar Bk
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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