New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Turn key restaurants
3037 Dickerson Pike, Nashville, TN 37207-2901
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1208469
Property summary
AI-generated overview
This exceptional investment opportunity presents a 2,990 square foot restaurant building situated on a 0.57-acre lot in Nashville, Tennessee. Located at 3037 Dickerson Pike, the property boasts 100 feet of road frontage, ensuring high visibility and accessibility. Built in 1979, this single-story building features 37 parking spaces and is currently 100% occupied by a restaurant operating under a month-to-month lease. The property is zoned for Commercial Services and benefits from its location in a thriving commercial hub, surrounded by popular fast-food chains, retail stores, banks, churches, and multi-family residential units. The asking price is $1,500,000, and the lease type is NNN. This presents a strong owner-user or investment opportunity due to the high traffic location and current tenancy. The property's address is 3037 Dickerson Pike, Nashville, TN 37207, with APN 060-08-0-076.00. This is a single-tenant property with significant potential for growth and return on investment.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1979
Total area
3,690 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CS
APN
060-08-0-076-00
UPID
US80-1208469
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
-
Jay's Family Restaurant, LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
Kurma Property LLC · 1 yrs held
Kurma Property LLC
since 2025
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+22.8%
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
$1,645,000
ML approach
$1,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,820,000
Current use
AUTO REPAIR, GARAGE
$2,235,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,705,000
Change: -6% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,700,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10% · vs last sale $1.40M (Feb 7 2025)
Last sale anchor
$1.40M
Feb 7 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
$412 / 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
$6,645
Tax year 2023
Assessed value
$204,200
Assessed 2023
Previous assessed
$204,200
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$100,000
Assessed improvement
$104,200
Land market value
$250,000
Improvement market value
$260,500
Total market value
$510,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1979
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,690 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CS
APN
060-08-0-076-00
UPID
US80-1208469
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Nashville, TN
Zoning CS · permitted uses
CS · 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
RESTAURANT Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RESTAURANT Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1979
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Kurma Property LLC
Entity
Mailing address
3037 DICKERSON PIKE, NASHVILLE, TN 37207-2901
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
$1,400,000
Kurma Property LLC
Lee Davis Austin
Special Warranty Deed
$800,000 · Firstbank
May 9, 2022
—
Charlotte A Davis
Charlotte A Davis
Intrafamily Transfer
related
—
Aug 25, 2015
$485,000
Charlotte A Davis
S L Sethi
Warranty Deed
—
Oct 24, 1997
—
Ronald A Gershman
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3037 Dickerson Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
