New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,185,000
Parking lots & garages
501 James Robertson Pkwy Nashville, TN 37219-1203
Individually Owned
22-yr Hold
Free & Clear
Property ID
US80-1214432
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1961
Total area
56,364 SF
Lot
1.19 ac (51,836 SF)
Zoning code
MULTI-ZONE
APN
093-01-0-043-00
UPID
US80-1214432
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.19M
Owner & transaction history
Alan R Caruthers · 22 yrs held
Alan R Caruthers
since 2004
7 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
$39 / 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
$103,589
Tax year 2023
Assessed value
$3,183,440
Assessed 2023
Previous assessed
$3,183,440
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,617,280
Assessed improvement
$1,566,160
Land market value
$4,043,200
Improvement market value
$3,915,400
Total market value
$7,958,600
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1961
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
56,364 SF
Lot
1.19 ac (51,836 SF)
Zoning code
MULTI-ZONE
APN
093-01-0-043-00
UPID
US80-1214432
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
1961
Heating
NONE
Cooling
Yes
Stories
3
Lot
1.19 ac
Current owner
From public records · entity-resolved
Alan R Caruthers
Individual
Free & Clear · 22 yrs held
Mailing address
501 JAMES ROBERTSON PKWY, NASHVILLE, TN 37219-1203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2004
—
Alan R Caruthers
Caruthers,marjorie G
Quit Claim Deed
related
—
May 27, 1993
$53,860
Michael T Peery
Unknown,
Grant Deed
—
May 17, 1993
$44,347
Bradley J Robert
Unknown,
Grant Deed
—
Apr 12, 1993
$50,472
Hugh M Tiller III
Unknown,
Grant Deed
—
Apr 7, 1993
$47,140
Byrge,william
Unknown,
Trustees Deed
—
Apr 7, 1993
$66,037
Bradley,jack C
Unknown,
Trustees Deed
—
Mar 31, 1993
$47,052
John C Muster
Unknown,
Grant Deed
—
Mar 10, 1993
$68,622
Capitol Towers Limited
Unknown,
Grant Deed
—
Feb 19, 1993
$46,900
Carl Koella
Unknown,
Grant Deed
—
Feb 18, 1993
$46,900
Herbert S Miller
Unknown,
Grant Deed
—
Dec 30, 1992
$45,927
Abdulla Rahsingeda
Unknown,
Grant Deed
—
Sep 14, 1992
$45,400
William R Faulkenberry
Unknown,
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.
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 501 James Robertson Pkwy?
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.
