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Property profile & analytics
OFF-MARKET
Estimated value
$7,475,000
Parking lots & garages
2532 Murfreesboro Pike, Nashville, TN 37217
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1655729
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.85 ac (37,026 SF)
Zoning code
MULTI-ZONE
APN
149-03-0E-002-00
UPID
US80-1655729
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
$8.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.48M
Owner & transaction history
P2 Investment LLC · 5 yrs held
P2 Investment LLC
since 2020
Last sale
$6.3M
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
$8,530,000
ML approach
$8,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.48M
Range $6.73M – $8.22M · ±10% · vs last sale $6.30M (Dec 28 2020)
Last sale anchor
$6.30M
Dec 28 2020
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
—
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
$7,621
Tax year 2023
Assessed value
$234,200
Assessed 2023
Previous assessed
$234,200
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$192,520
Assessed improvement
$41,680
Land market value
$481,300
Improvement market value
$104,200
Total market value
$585,500
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Lot
0.85 ac (37,026 SF)
Zoning code
MULTI-ZONE
APN
149-03-0E-002-00
UPID
US80-1655729
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
Heating
NONE
Cooling
Yes
Lot
0.85 ac
Current owner
From public records · entity-resolved
P2 Investment LLC
Entity
Mailing address
PO BOX 3407, BRENTWOOD, TN 37024-3407
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
$6,300,000
P2 Investment LLC
Dover Glen Investors LLC
Grant Deed
$4,725,000 · Servisfirst Bk
Nov 1, 2019
—
Dover Glen Investors LLC
—
Deed
related
$200,000 · Reliant Bk
Feb 26, 2018
—
Dover Glen Investors LLC
—
Deed
related
$1,000,000 · Reliant Bk
Nov 15, 2016
$2,000,000
Dover Glen Investors LLC
Rref Snv III-tn Mam LLC
Grant Deed
—
Jul 3, 2012
$3,500,000
Rref Snv III-tn Mam LLC
Mcallester,sam J III
Trustees Deed
related
—
Feb 2, 2011
$1,281,100
Murfreesboro Edge-o-lake LLC
Ribo LLC
Warranty Deed
—
Aug 18, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 25, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Dover Glen Investors LLC
—
Deed Of Trust
related
$200,000 · Reliant Bk
—
—
Dover Glen Investors LLC
—
Loan Modification
related
$1,000,000 · Reliant 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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