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Property profile & analytics
OFF-MARKET
Estimated value
$9,435,000
Office buildings
330 Dr Martin L King Jr Blvd Nashville, TN 37201-2400
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0715655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Total area
58,960 SF
Lot
0.35 ac (15,246 SF)
Zoning code
DTC
APN
093-02-0-011-00
UPID
US80-0715655
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
$5.98M
CAP Approach
CAP
$12.12M
Comparable Approach
Comparable
$12.53M
Blend (final)
Blend
$9.44M
Owner & transaction history
On Edge Hospitality LLC · 1 yrs held
On Edge Hospitality LLC
since 2025
Last sale
$10.0M
5 recorded transactions
Zoning & alternative use
DTC · 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
$6,000,000
ML approach
$5,975,000
CAP Approach
CAP Return
Estimation
6%
$13,125,000
6.5%
$12,115,000
7%
$11,250,000
Blend value · Realmo final
$9.44M
Range $8.49M – $10.38M · ±10% · vs last sale $10.00M (Dec 29 2023)
Last sale anchor
$10.00M
Dec 29 2023
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
$160 / 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
$19,404
Tax year 2023
Assessed value
$596,320
Assessed 2023
Previous assessed
$596,320
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$320,166
Assessed improvement
$276,154
Land market value
$5,336,100
Improvement market value
$4,602,200
Total market value
$9,938,300
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
1940
Heating
STEAM
Cooling
CENTRAL
Buildings
2
Stories
5
Total area
58,960 SF
Lot
0.35 ac (15,246 SF)
Zoning code
DTC
APN
093-02-0-011-00
UPID
US80-0715655
Jurisdiction
DAVIDSON
Zoning & alternative use
DTC · Nashville, TN
Zoning DTC · permitted uses
DTC · 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
1940
Heating
STEAM
Cooling
Yes
Stories
5
Buildings
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
On Edge Hospitality LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4811 LEBANON PIKE #300, HERMITAGE, TN 37076-1623
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
May 6, 2025
—
On Edge Hospitality LLC
On Edge Hospitality LLC
Deed
related
—
Dec 29, 2023
$10,000,000
On Edge Hospitality LLC
330 Drmlkjr Blvd LLC
Warranty Deed
$2,702,531 · Wilson Bank & Trust
Dec 12, 2023
$6,000,000
330 Drmlkjr Blvd LLC
National Baptist Convention Of USA
Warranty Deed
$6,170,000 · Virtue Private Clinet LLC
May 8, 2019
—
National Baptist Convention Us
—
Deed
related
$550,000 · Self-help Ventures Fnd
—
—
National Baptist Convention Us
—
Deed Of Trust
related
$550,000 · Self-help Ventures Fnd
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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