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Property profile & analytics
FOR SALE
Investment properties
408 American Rd Nashville, TN 37209
Entity Owned
Free & Clear
Property ID
US80-1845145
For Sale
$1,500,000
408 American Rd, Nashville, TN 37209
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
2.91 ac (126,760 SF)
Zoning code
MULTI-ZONE
APN
103-01-0-133-00
UPID
US80-1845145
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
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Jjp LLC
Jjp LLC
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Dec 26 2024)
Last sale anchor
$1.50M
Dec 26 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
—
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
$5,282
Tax year 2023
Assessed value
$162,325
Assessed 2023
Previous assessed
$162,325
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$162,325
Land market value
$422,500
Total market value
$422,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Heating
NONE
Cooling
CENTRAL
Lot
2.91 ac (126,760 SF)
Zoning code
MULTI-ZONE
APN
103-01-0-133-00
UPID
US80-1845145
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.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Lot
2.91 ac
Current owner
From public records · entity-resolved
Jjp LLC
Entity
Free & Clear · 0 yrs held
Mailing address
9551 HAMPTON RESERVE DR, BRENTWOOD, TN 37027-8485
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2025
—
Jjp LLC
Music City West LLC
Quitclaim Deed
related
—
Jul 11, 2025
—
Music City West LLC
Guerrier Development LLC
Quitclaim Deed
related
—
Dec 26, 2024
—
Guerrier Development LLC
Music City West LLC
Quitclaim Deed
related
$1,500,000 · Sonata Bank
Aug 17, 2022
—
Music City West LLC
Jjp LLC
Quit Claim Deed
related
—
Apr 1, 2022
$1,500,000
Jjp LLC
Two Dogs Development LLC
Warranty Deed
—
Mar 11, 2022
$1,725,000
Two Dogs Development LLC
Eddie L Porter
Warranty Deed
$1,700,000 · Bell Rock Income Fund LLC
Mar 29, 2021
—
Eddie L Porter
Eddie L Porter JR
Quit Claim Deed
related
$266,400 · Renasant Bank
Sep 16, 1998
$390,000
Eddie L Porter
T C Summers INC
Grant Deed
$395,000 · Suntrust Bank Nashville NA
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.
Try Rey
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