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Property profile & analytics
OFF-MARKET
Estimated value
$2,185,000
Strip malls
306 Broadway Nashville, TN 37201-2006
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US80-3509095
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1900
Total area
8,988 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MULTI-ZONE
APN
093-06-2-027-00
UPID
US80-3509095
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
-
Whiskey Bent Saloon Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$2.19M
Owner & transaction history
306 Partners LLC · 17 yrs held
306 Partners LLC
since 2008
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.1M
+20.5%
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%
$2,145,000
6.5%
$1,980,000
7%
$1,835,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,600,000
Current use
MEDICAL BUILDING
$3,135,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,210,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.40M · ±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
$243 / 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
$57,248
Tax year 2023
Assessed value
$1,692,040
Assessed 2023
Previous assessed
$1,692,040
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$604,800
Assessed improvement
$1,087,240
Land market value
$1,512,000
Improvement market value
$2,718,100
Total market value
$4,230,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
8,988 SF
Lot
0.07 ac (3,049 SF)
Zoning code
MULTI-ZONE
APN
093-06-2-027-00
UPID
US80-3509095
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Zoning MULTI-ZONE · permitted uses
MULTI-ZONE · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1900
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
306 Partners LLC
Entity
Mailing address
132 COUNTRY CLB DR, HENDERSONVILLE, TN 37075-4025
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
—
306 Partners LLC
—
Deed
related
$5,000,000 · Wilson & Muir Bank & Trust Co
Sep 18, 2017
—
306 Partners LLC
—
Deed
related
$637,251 · Reliant Bank
Sep 7, 2017
—
306 Partners LLC
—
Deed
related
$100,000 · Reliant Bank
Jun 16, 2017
—
306 Partners LLC
—
Deed
related
—
Aug 8, 2008
$75,000
306 Partners LLC
306 Broadway LLC
Warranty Deed
$650,000 · Pinnacle National Bank
Nov 22, 2004
$800,000
306 Broadway LLC
304 Broadway LLC
Grant Deed
$1,500,000 · National Bank Commerce Tr & Sa
Jan 4, 1999
—
304 Broadway LLC
Hirt,melanie M
Quit Claim Deed
related
—
—
—
306 Partners LLC
—
Loan Modification
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.
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