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Property profile & analytics
OFF-MARKET
Industrial land
2nd S At 3rd S Ave Nashville, TN 37210
Entity Owned
7-yr Hold
Free & Clear
Property ID
US80-2334270
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.39 ac (16,988 SF)
Zoning code
IR
APN
082-09-0-470-00
UPID
US80-2334270
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Neuhoff Acquisition II LLC · 7 yrs held
Neuhoff Acquisition II LLC
since 2019
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$14,372
Tax year 2023
Assessed value
$441,680
Assessed 2023
Previous assessed
$441,680
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$441,680
Land market value
$1,104,200
Total market value
$1,104,200
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Lot
0.39 ac (16,988 SF)
Zoning code
IR
APN
082-09-0-470-00
UPID
US80-2334270
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
Heating
NONE
Cooling
Yes
Lot
0.39 ac
Current owner
From public records · entity-resolved
Neuhoff Acquisition II LLC
Entity
Free & Clear · 7 yrs held
Mailing address
383 MADISON AVE, NEW YORK, NY 10017-3217
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2019
$5,250,000
Neuhoff Acquisition II LLC
Neuhoff Acquisition LLC
Grant Deed
—
May 29, 2019
—
Neuhoff Acquisition LLC
Germantown Creative LP
Quit Claim Deed
related
—
Dec 13, 2018
$3,350,252
Germantown Creative LP
Btp Nashville LLC
Grant Deed
—
Dec 13, 2018
—
Germantown Creative LP
—
Deed
related
$2,093,642 · Synovus Bk
Nov 15, 2018
—
Btp Nashville LLC
Btp Nashville LLC
Quit Claim Deed
related
—
Aug 31, 2018
—
Btp Nashville LLC
Herber,w Houston
Quit Claim Deed
related
—
Jul 5, 2018
—
Btp Nashville LLC
Paul Walker
Quit Claim Deed
related
—
Jul 3, 2018
—
Btp Nashville LLC
Hardison,lac H
Quit Claim Deed
related
—
Jun 28, 2018
—
Btp Nashville LLC
Harwell,ann W
Quit Claim Deed
related
—
Jun 19, 2018
—
Btp Nashville LLC
Herbert,william B III
Quit Claim Deed
related
—
Jan 10, 2007
—
Btp Nashville LLC
International Distribution Sys
Quit Claim Deed
related
—
Feb 17, 1999
$90,000
International Distribution Sys
Massey,brett
Grant Deed
—
—
—
Germantown Creative LP
—
Loan Modification, Consolidation And Extension
related
$2,093,642 · Synovus 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.
Try Rey
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