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Property profile & analytics
OFF-MARKET Estimated value $6,975,000
High-rise multifamily apartments

461 Humphreys St Nashville, TN 37203-4843

51,677 SF 0.89 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US80-1121827
Property profile
Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Total area 51,677 SF
Lot 0.89 ac (38,768 SF)
Zoning code MUL-A
APN 105-07-0-053-00
UPID US80-1121827
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
by Request
CAP Approach CAP
$8.29M
Comparable Approach Comparable
$5.50M
Blend (final) Blend
$6.98M
Owner & transaction history
Weho Flats LLC · 6 yrs held
Weho Flats LLC
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
$4.0M
2018
Price N/A
2017
Price N/A
2014
$162,500
1969
Price N/A
Zoning & alternative use
MUL-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Historic Eligibility. Only a nonresidential structure in the MUL, MUL-A, MUG, MUG-A, MUI, and MUI-A districts can be used for a warehouse and distributive business/wholesale use. The historical commission must have determined the structure is worthy of conservation, was constructed more than fifty years ago, and is being preserved with no additions, deletion…

Zone name Mixed Use Limited Alternative
General category MIXED_USE
Zone area 471.36 ac
Source Zoning Ordinance
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