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Property profile & analytics
OFF-MARKET
Estimated value
$3,445,000
Hotels
425 Chestnut St Nashville, TN 37203-4801
Individually Owned
6-yr Hold
Free & Clear
Property ID
US80-0972361
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1916
Total area
93,625 SF
Lot
3.2 ac (139,392 SF)
Zoning code
MULTI-ZONE
APN
105-03-0-171-00
UPID
US80-0972361
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
-
Dicey's Tavern Restaurant
-
Parson's Chicken & Fish Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.45M
Owner & transaction history
Nashville Phase I Prop Holder · 6 yrs held
Nashville Phase I Prop Holder
since 2019
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$37 / 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
$571,769
Tax year 2023
Assessed value
$17,571,280
Assessed 2023
Previous assessed
$17,571,280
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$5,575,680
Assessed improvement
$11,995,600
Land market value
$13,939,200
Improvement market value
$29,989,000
Total market value
$43,928,200
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1916
Heating
NONE
Cooling
CENTRAL
Buildings
5
Stories
4
Total area
93,625 SF
Lot
3.2 ac (139,392 SF)
Zoning code
MULTI-ZONE
APN
105-03-0-171-00
UPID
US80-0972361
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
Year built
1916
Heating
NONE
Cooling
Yes
Stories
4
Buildings
5
Lot
3.2 ac
Current owner
From public records · entity-resolved
Nashville Phase I Prop Holder
Individual
Free & Clear · 6 yrs held
Mailing address
133 N JEFFERSON ST FL, CHICAGO, IL 60661-2336
Ownership since
2019
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
Nov 21, 2019
—
Nashville Phase I Prop Holder
Phase I Prop Holder Nashville
Quit Claim Deed
related
—
Mar 12, 2019
$40,975,328
Nashville Phase I Prop Holder
May Hosiery Ptshp LLC
Grant Deed
—
Dec 27, 2017
—
May Hosiery Ptshp LLC
—
Grant Deed
related
$26,715,000 · Loancore Cap Credit Reit LLC
Feb 11, 2015
—
May Hosiery Ptshp LLC
Beasley,earl JR
Quit Claim Deed
related
$2,875,000 · Robert N JR Moore
Feb 11, 2015
$6,500,000
May Hosiery Ptshp LLC
Beasley Earl JR
Grant Deed
—
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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