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Property profile & analytics
OFF-MARKET
Estimated value
$9,110,000
Office buildings
2620 Elm Hl Pike Nashville, TN 37214-3108
Entity Owned
18-yr Hold
Free & Clear
Property ID
US80-3471254
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
100,572 SF
Lot
6.65 ac (289,674 SF)
Zoning code
OL
APN
095-16-0-036-00
UPID
US80-3471254
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
-
Crossmark Advertising Agency Marketing & Advertising
-
Kelli Kneisel Physician
-
Kroger Corporate Office Corporate Office
-
Advantage Sales & Marketing Advertising Agency Marketing & Advertising
-
Patric Jr Kenneth W MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.34M
Blend (final)
Blend
$9.11M
Owner & transaction history
LP I Kroger · 18 yrs held
LP I Kroger
since 2007
4 recorded transactions
Zoning & alternative use
OL · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,610,000
Current use
Blend value · Realmo final
$9.11M
Range $8.20M – $10.02M · ±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
$91 / 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
$140,985
Tax year 2023
Assessed value
$4,332,658
Assessed 2023
Previous assessed
$6,065,600
-28.6% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,390,440
Assessed improvement
$2,942,218
Land market value
$3,476,100
Improvement market value
$7,355,545
Total market value
$10,831,645
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
100,572 SF
Lot
6.65 ac (289,674 SF)
Zoning code
OL
APN
095-16-0-036-00
UPID
US80-3471254
Jurisdiction
DAVIDSON
Zoning & alternative use
OL · Nashville, TN
Zoning OL · permitted uses
OL · 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
OFFICE BUILDING Current
Est. value
$10.6M
OFFICE BUILDING Current
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
1986
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
2
Lot
6.65 ac
Current owner
From public records · entity-resolved
LP I Kroger
Entity
Free & Clear · 18 yrs held
Mailing address
2620 ELM HL PIKE, NASHVILLE, TN 37214-3108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2007
$10,900,000
LP I Kroger
Echols J Bryan
Grant Deed
—
Nov 27, 1996
—
Williams W Fred Trustee
Williams,w Fred
Quit Claim Deed
related
—
Jan 31, 1994
$6,525,000
Ridge L P Lakeview
Unknown,
Grant Deed
$5,900,000 · First Union National Bank
Jan 27, 1994
$6,525,000
Ridge LP Lakeview
Unknown,
Grant Deed
—
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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