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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Banks
3800 Gallatin Pike, Nashville, TN 37216-2610
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1000097
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1975
Total area
3,500 SF
Lot
0.55 ac (23,958 SF)
Zoning code
MUL-A
APN
061-15-0-325-00
UPID
US80-1000097
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
-
Neuroscience & TMS Treatment Centers Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$970k
Blend (final)
Blend
$980k
Owner & transaction history
Cromwell Real Estate LLC · 3 yrs held
Cromwell Real Estate LLC
since 2023
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
MUL-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+12.8%
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
$900,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,435,000
Current use
RETAIL STORES
$1,620,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$1,220,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $1.00M (Feb 7 2023)
Last sale anchor
$1.00M
Feb 7 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
$280 / 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
$14,040
Tax year 2023
Assessed value
$431,480
Assessed 2023
Previous assessed
$431,480
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$239,600
Assessed improvement
$191,880
Land market value
$599,000
Improvement market value
$479,700
Total market value
$1,078,700
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1975
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,500 SF
Lot
0.55 ac (23,958 SF)
Zoning code
MUL-A
APN
061-15-0-325-00
UPID
US80-1000097
Jurisdiction
DAVIDSON
Zoning & alternative use
MUL-A · Nashville, TN
Zoning MUL-A · permitted uses
MUL-A · 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
FINANCIAL BUILDING Current
Est. value
$1.4M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.2M
FINANCIAL BUILDING Current
RETAIL STORES
MEDICAL BUILDING
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
1975
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Cromwell Real Estate LLC
Entity
Mailing address
2125 BELCOURT AVE, NASHVILLE, TN 37212-3503
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
—
Cromwell Real Estate 1 LLC
—
Deed
related
$360,000 · Insbank
Feb 7, 2023
$1,000,000
Cromwell Real Estate LLC
Bank Of America National Associatio
Special Warranty Deed
$850,000 · Insbank
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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