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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Office buildings
2701 Greystone Rd Nashville, TN 37204-2818
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US80-0096174
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
5,048 SF
Lot
0.29 ac (12,632 SF)
Zoning code
4ZZ
APN
118-07-0-035-00
UPID
US80-0096174
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
-
Amy Grimes, LMT owner of Float Nashville Alternative Medicine Practice Spa & Massage Center
-
Float Nashville Gym & Fitness Center Alternative Medicine Practice
-
Voyage Funding powered by Edge Home Finance - Michael Halterman Loan Service Bank
-
Nashville Myofascial Release Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.12M
Owner & transaction history
Jk Macmillan Commercial Properties
Jk Macmillan Commercial Properties
since 2025
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
4ZZ · 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%
$1,125,000
6.5%
$1,035,000
7%
$965,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,795,000
Current use
MEDICAL BUILDING
$1,760,000
Change: -2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,460,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.55M (Jun 4 2025)
Last sale anchor
$1.55M
Jun 4 2025
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
$221 / 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
$11,419
Tax year 2023
Assessed value
$390,800
Assessed 2023
Previous assessed
$390,800
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$227,360
Assessed improvement
$163,440
Land market value
$568,400
Improvement market value
$408,600
Total market value
$977,000
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
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
5
Bathrooms
1
Total area
5,048 SF
Lot
0.29 ac (12,632 SF)
Zoning code
4ZZ
APN
118-07-0-035-00
UPID
US80-0096174
Jurisdiction
DAVIDSON
Zoning & alternative use
4ZZ · Nashville, TN
Zoning 4ZZ · permitted uses
4ZZ · 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
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
OFFICE BUILDING Current
MEDICAL BUILDING
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
2008
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
5
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Jk Macmillan Commercial Properties
Entity
Mailing address
507 OWASSO HLS DR, SAINT PAUL, MN 55113-2134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$1,550,000
Jk Macmillan Commercial Properties
Lincoln R Potter
Special Warranty Deed
$1,162,500 · Mountain Commerce Bank
Jul 3, 2007
$195,000
2701 Greystone Partners Gp
Watson,kimberly J
Warranty Deed
—
—
—
Kimberly Watson
—
Deed Of Trust
related
$84,000 · Full Spectrum Lending INC
—
—
Kimberly J Watson
—
Deed Of Trust
related
$39,000 · Eqcc Tennessee INC
—
—
Kimberly Watson
—
Deed Of Trust
related
$68,250 · America's Wholesale Lender
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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