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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Office buildings
3811 Bedford Ave Ste 204 Nashville, TN 37215-2551
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-0928558
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
1,380 SF
Zoning code
OR20
APN
117-10-0C-204-00
UPID
US80-0928558
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
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Jgp Achiever Bedford LLC · 2 yrs held
Jgp Achiever Bedford LLC
since 2024
Last sale
$850,000
5 recorded transactions
Zoning & alternative use
OR20 · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$835,000
+107.6%
Commercial (general)
$695,000
+71.9%
Retail stores
$640,000
+58.4%
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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$835,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +72% · Conversion: Easy
RETAIL STORES
$640,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Mar 11 2024)
Last sale anchor
$850k
Mar 11 2024
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
$616 / 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
$8,922
Tax year 2023
Assessed value
$274,200
Assessed 2023
Previous assessed
$274,200
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$89,800
Assessed improvement
$184,400
Land market value
$224,500
Improvement market value
$461,000
Total market value
$685,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,380 SF
Zoning code
OR20
APN
117-10-0C-204-00
UPID
US80-0928558
Jurisdiction
DAVIDSON
Zoning & alternative use
OR20 · Nashville, TN
Zoning OR20 · permitted uses
OR20 · 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
AUTO REPAIR, GARAGE
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$695,000
RETAIL STORES
Est. value
$640,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2008
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Jgp Achiever Bedford LLC
Entity
Free & Clear · 2 yrs held
Mailing address
421 E IRIS DR STE #205, NASHVILLE, TN 37204-3140
Ownership since
2024
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
Mar 11, 2024
$850,000
Jgp Achiever Bedford LLC
Patricia Shepherd Mynatt
Special Warranty Deed
—
Apr 8, 2020
—
John T Mynatt
John T Mynatt
Intrafamily Transfer
related
$390,000 · First Citizens Bank & Trust Co
Apr 11, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 11, 2008
$522,900
John T Mynatt
Katlan Properties
Grant Deed
$530,000 · Tennessee Commerce Bank
—
—
John Mynatt
—
Deed Of Trust
related
$440,000 · 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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