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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Specialty properties
3000 Lincoya Bay Dr Nashville, TN 37214-2608
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-0893562
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1974
Construction
FRAME
Total area
4,368 SF
Lot
12.89 ac (561,488 SF)
Zoning code
RM15
APN
109-00-0-200-00
UPID
US80-0893562
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
-
5 Star Carpet Cleaning Carpet Cleaning Service
-
Lincoya Bay Apartment Homes Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$555k
Owner & transaction history
Lincoya Bay Apartments Owner LLC · 7 yrs held
Lincoya Bay Apartments Owner LLC
since 2018
7 recorded transactions
Zoning & alternative use
RM15 · 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$127 / 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
$289,961
Tax year 2023
Assessed value
$9,923,370
Assessed 2023
Previous assessed
$10,397,840
-4.6% YoY
Effective rate
2.92%
On assessed value
Assessed land
$1,080,000
Assessed improvement
$8,843,370
Land market value
$2,700,000
Improvement market value
$22,108,425
Total market value
$24,808,425
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
8
Stories
2
Total area
4,368 SF
Lot
12.89 ac (561,488 SF)
Zoning code
RM15
APN
109-00-0-200-00
UPID
US80-0893562
Jurisdiction
DAVIDSON
Zoning & alternative use
RM15 · Nashville, TN
Zoning RM15 · permitted uses
RM15 · 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
1974
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
8
Lot
12.89 ac
Current owner
From public records · entity-resolved
Lincoya Bay Apartments Owner LLC
Entity
Mailing address
112 S FRENCH ST105MP, WILMINGTON, DE 19801-5035
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2018
$22,800,000
Lincoya Bay Apartments Owner LLC
Fountains 186 LLC
Special Warranty Deed
—
Sep 19, 2018
—
Fountains 186 LLC
Starrett,deborah
Quit Claim Deed
related
—
Mar 3, 2015
$14,550,000
Fountains 186 LLC|starrett,deborah
Fountains Apartments LLC
Warranty Deed
—
Sep 28, 2006
$8,280,000
Fountains Apartments LLC
Hillside Assocs Of Albany LLC
Deed Of Trust
related
$15,600,000 · Fifth Third Bank
Jun 24, 1996
$3,341,342
Hillside Associates
Unknown
Grant Deed
$2,600,000 · Collateral Mortgage Ltd
—
—
Fountains Apartments LLC
—
Deed Of Trust
related
$1,000,000 · Fifth Third Bank
—
—
Fountains Apartments LLC
—
Deed Of Trust
related
$32,051,138 · Fifth Third Bank
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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