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Property profile & analytics
OFF-MARKET
Estimated value
$10,375,000
Parking lots & garages
426 Chestnut St, Nashville, TN 37203-4822
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-1347070
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.4 ac (17,424 SF)
Zoning code
IR
APN
105-03-0-347-00
UPID
US80-1347070
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
-
Transflo Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.38M
Owner & transaction history
Nashville Phase III Prop Holder 2 L · 1 yrs held
Nashville Phase III Prop Holder 2 L
since 2024
Last sale
$10.4M
6 recorded transactions
Zoning & alternative use
IR · 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
$10,375,000
ML approach
$10,375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.38M
Range $9.34M – $11.41M · ±10% · vs last sale $10.38M (Sep 23 2024)
Last sale anchor
$10.38M
Sep 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
—
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
$11,366
Tax year 2023
Assessed value
$349,280
Assessed 2023
Previous assessed
$349,280
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$348,480
Assessed improvement
$800
Land market value
$871,200
Improvement market value
$2,000
Total market value
$873,200
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Stories
1
Lot
0.4 ac (17,424 SF)
Zoning code
IR
APN
105-03-0-347-00
UPID
US80-1347070
Jurisdiction
DAVIDSON
Zoning & alternative use
IR · Nashville, TN
Zoning IR · permitted uses
IR · 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
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Nashville Phase III Prop Holder 2 L
Individual
Free & Clear · 1 yrs held
Mailing address
429 CHESTNUT ST, NASHVILLE, TN 37203-4802
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
—
Nashville Phase III Prop Holder 2 L
Nashville Phase III Prop Holder 2 L
Intrafamily Transfer
related
—
Jun 14, 2024
—
Nashville Phase III Prop Holder 2 L
Nashville Phase III Property Holder
Intrafamily Transfer
related
—
Nov 13, 2023
$10,375,000
Nashville Phase III Property Holder
Nashville Phase Property Holder LLC
Warranty Deed
related
$146,000,000 · Ab Commercial Real Estate Private D
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
$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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