New search
Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Commercial land
4208 Gallatin Pike Nashville, TN 37216-2102
Entity Owned
2-yr Hold
Property ID
US80-0914050
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1933
Total area
1,715 SF
Lot
0.28 ac (12,197 SF)
Zoning code
MUL-A
APN
061-11-0-189-00
UPID
US80-0914050
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$650k
Owner & transaction history
Lucile LLC · 2 yrs held
Lucile LLC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
MUL-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+20.8%
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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$860,000
Current use
AUTO REPAIR, GARAGE
$1,040,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$795,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (May 23 2024)
Last sale anchor
$650k
May 23 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
$379 / 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
$3,969
Tax year 2023
Assessed value
$121,960
Assessed 2023
Previous assessed
$121,960
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$121,960
Land market value
$304,900
Total market value
$304,900
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1933
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
1,715 SF
Lot
0.28 ac (12,197 SF)
Zoning code
MUL-A
APN
061-11-0-189-00
UPID
US80-0914050
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
COMMERCIAL (GENERAL) Current
Est. value
$860,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$795,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1933
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Lucile LLC
Entity
Mailing address
713 18TH AVE S, NASHVILLE, TN 37203-3214
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2024
$650,000
Lucile LLC
Premier Re Dev & Investments Group
Warranty Deed
—
Apr 20, 2021
$425,000
Premier Re Dev & Investments Group
Tbc Development LLC
Warranty Deed
$340,000 · Firstbank
Jun 18, 2020
—
Tbc Dev LLC
Tbc Dev LLC
Quit Claim Deed
related
—
Jul 31, 2019
—
Tbc Dev LLC
Tbc Dev LLC
Quit Claim Deed
related
—
Jun 7, 2017
$390,000
Tbc Developmentllc
Up Top Investments LLC
Warranty Deed
$292,500 · Firstbank
Mar 13, 2017
$312,000
Upto Invetments LLC
Tinsley,anna F
Warranty Deed
$312,000 · Meridian Cap Grp LLC
Mar 13, 2017
—
Up Top Investments LLC
—
Trustees Deed
related
$12,000 · Southern Capital Ventures LLC
—
—
Tbc Dev LLC
—
Loan Modification
related
$292,172 · Firstbank
—
—
Tbc Dev LLC
—
Loan Modification
related
$292,500 · Firstbank
—
—
Tbc Dev LLC
—
Loan Modification
related
—
—
—
Tbc Dev LLC
—
Loan Modification
related
$292,500 · Firstbank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4208 Gallatin Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
