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Property profile & analytics
OFF-MARKET
Office buildings

408 2nd N Ave Nashville, TN 37201-1201

2.12 ac lot
Entity Owned 8-yr Hold Free & Clear
Property ID
US80-1161471
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 2.12 ac (92,347 SF)
Zoning code DTC
APN 093-02-0-050-00
UPID US80-1161471
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
  • Honorable Gloria Dumas County Government Office
  • Tayyab catering service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
  • Honorable Bill Higgins County Government Office
  • Honorable Michael Mondelli County Government Office
  • Honorable Angelita Dalton County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
450-460 Bidco LLC · 8 yrs held
450-460 Bidco LLC
since 2017
1 recorded transaction
2017
$8.9M
Zoning & alternative use
DTC · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DTC, Downtown Code District. The DTC district is designed for a broad range of residential and non-residential activities associated with an economically healthy, socially vibrant, and sustainable Downtown. Included among the common goals for the DTC district is the efficient use of land capitalizing on a high level of services, reduced reliance on the autom…

Zone name Downtown Code
General category COMMERCIAL
Zone area 1,343.78 ac
Source Zoning Ordinance
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