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Property profile & analytics
OFF-MARKET
Estimated value
$3,735,000
Showrooms
2501 Powell Ave, Nashville, TN 37204-3629
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1701507
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Total area
21,103 SF
Lot
12.37 ac (538,837 SF)
Zoning code
IR
APN
118-11-0-164-00
UPID
US80-1701507
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
-
CarMax Car Dealership
-
Cross Quotes Corporate Office Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.74M
Owner & transaction history
Pkd Partnership · 10 yrs held
Pkd Partnership
since 2016
7 recorded transactions
Zoning & alternative use
IR · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,275,000
6.5%
$3,945,000
7%
$3,665,000
Blend value · Realmo final
$3.74M
Range $3.36M – $4.11M · ±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
$177 / 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
$205,271
Tax year 2023
Assessed value
$6,308,280
Assessed 2023
Previous assessed
$6,308,280
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$2,585,320
Assessed improvement
$3,722,960
Land market value
$6,463,300
Improvement market value
$9,307,400
Total market value
$15,770,700
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1999
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
21,103 SF
Lot
12.37 ac (538,837 SF)
Zoning code
IR
APN
118-11-0-164-00
UPID
US80-1701507
Jurisdiction
DAVIDSON
Zoning & alternative use
IR · Nashville, TN
Zoning IR · permitted uses
IR · 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
1999
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Lot
12.37 ac
Current owner
From public records · entity-resolved
Pkd Partnership
Entity
Mailing address
115 LYNNWOOD TER, NASHVILLE, TN 37205-2911
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2016
—
Pkd Ptshp
—
Deed
related
$16,600,000 · Pinnacle Bk
Jun 1, 2016
$24,500,000
Pkd Partnership
Tenn Cox Owner LLC
Warranty Deed
$16,600,000 · Pinnacle Bank
Mar 28, 2008
$1,248,603
Monticello Carmax Tn LLC
Tenn Cmx Owner LLC
Grant Deed
—
Mar 28, 2008
$390,188
Fleming Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Mar 28, 2008
$1,145,363
Sallows Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Mar 28, 2008
$422,324
Thermos Norwich Carmax LLC
Tenn Cmx Owner LLC
Grant Deed
—
Oct 15, 2007
$758,055
Brunson-kurlander Carmax Tn Ll
Tenn Cmx Owner LLC
Grant Deed
—
Oct 15, 2007
$1,248,603
Shapiro Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Oct 15, 2007
$397,992
Nims Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Oct 15, 2007
$628,203
Gazonas Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
May 18, 2007
$754,937
Bader Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
May 18, 2007
$1,872,905
Locust Avenue Carmax Tn LLC
Tenn Cmx Owner LLC
Grant Deed
—
Mar 29, 2007
$624,301
Woodley Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Mar 29, 2007
$1,560,754
Latimer Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Dec 21, 2006
$970,789
Peterson Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Dec 21, 2006
$507,841
Shiny Nickel Carmax Tn LLC
Tenn Cmx Owner LLC
Grant Deed
—
Dec 21, 2006
$625,472
Lowe Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Dec 21, 2006
$736,676
Bader Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Dec 21, 2006
$624,301
Jung Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Oct 11, 2006
$624,301
Charles Hawk Carmax Tn LLC
Tenn Cmx Owner LLC
Grant Deed
—
Oct 11, 2006
$468,226
Meyer Carmax Tennessee LLC
Tenn Cmx Owner LLC
Grant Deed
—
Jul 17, 2006
$20,680,516
Tenn Cmx Owner LLC
Car Cmx LP
Special Warranty Deed
$26,850,000 · Merrill Lynch Mortgage Lending INC
Aug 24, 2001
$12,626,300
Car Cmx LP
Carmax Auto Superstores INC
Grant Deed
$82,600,000 · Toyota Motor Credit Corp
Apr 21, 1998
$3,200,000
Carmax Auto Superstores INC
Southern Baptist Convention
Grant Deed
—
Apr 20, 1998
$32,000
Auto Superstores In Carmax
Carmax Auto Supe
Grant Deed
related
—
Aug 4, 1995
$1,725,000
Thompson-powell Venture Ll
—
Grant Deed
related
—
Jul 31, 1995
$133,000
Lorraine I Etvir Barker
Smith,john J Etu
Grant Deed
$122,904 · First Tennessee Bank National
—
—
Pkd Ptshp
—
Loan Modification
related
$16,600,000 · Pinnacle 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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