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Property profile & analytics
OFF-MARKET
Estimated value
$18,640,000
High-rise multifamily apartments
500 5th N Ave Nashville, TN 37219-1221
Entity Owned
Free & Clear
Property ID
US80-2940733
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1963
Total area
135,920 SF
Lot
1.57 ac (68,585 SF)
Zoning code
MULTI-ZONE
APN
093-01-0-042-00
UPID
US80-2940733
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
-
Alpha Mentality LLC Big Box & Wholesale Store
-
Downtown Nashville by 1stHomeRent Vacation Rental Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.80M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.64M
Owner & transaction history
Nashville 2026 One Partners LLC
Nashville 2026 One Partners LLC
since 2026
Last sale
$23.0M
1 recorded transaction
Zoning & alternative use
MULTI-ZONE · Nashville, TN
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,610,000
6.5%
$21,795,000
7%
$20,240,000
Blend value · Realmo final
$18.64M
Range $16.78M – $20.50M · ±10% · vs last sale $23.00M (Feb 20 2026)
Last sale anchor
$23.00M
Feb 20 2026
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
$137 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$620,184
Tax year 2020
Assessed value
$14,255,800
Assessed 2020
Previous assessed
$6,355,560
+124.3% YoY
Effective rate
4.35%
On assessed value
Assessed land
$1,608,120
Assessed improvement
$12,647,680
Land market value
$4,020,300
Improvement market value
$31,619,200
Total market value
$35,639,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1963
Heating
CENTRAL
Cooling
CENTRAL
Stories
9
Total area
135,920 SF
Lot
1.57 ac (68,585 SF)
Zoning code
MULTI-ZONE
APN
093-01-0-042-00
UPID
US80-2940733
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning 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
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1963
Heating
CENTRAL
Cooling
Yes
Stories
9
Lot
1.57 ac
Current owner
From public records · entity-resolved
Nashville 2026 One Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
140 DIXIE AVE, LEBANON, TN 37090-5358
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2026
$23,000,000
Nashville 2026 One Partners LLC
500 Fifth LLC
Special Warranty 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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