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Property profile & analytics
OFF-MARKET
Estimated value
$2,865,000
Warehouses
505 Davidson St Nashville, TN 37213
Entity Owned
Free & Clear
Property ID
US80-1361279
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1969
Total area
22,998 SF
Lot
1.95 ac (84,942 SF)
Zoning code
IR
APN
093-08-0-019-00
UPID
US80-1361279
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
$3.32M
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$2.87M
Owner & transaction history
Sh Ridgefield Holdings INC
Sh Ridgefield Holdings INC
since 2025
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,595,000
6.5%
$3,315,000
7%
$3,080,000
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±10%
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
$125 / 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
$30,232
Tax year 2023
Assessed value
$929,080
Assessed 2023
Previous assessed
$929,080
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$339,760
Assessed improvement
$589,320
Land market value
$849,400
Improvement market value
$1,473,300
Total market value
$2,322,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
22,998 SF
Lot
1.95 ac (84,942 SF)
Zoning code
IR
APN
093-08-0-019-00
UPID
US80-1361279
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
Year built
1969
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Sh Ridgefield Holdings INC
Entity
Free & Clear · 0 yrs held
Mailing address
505 DAVIDSON ST, NASHVILLE, TN 37213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
—
Sh Ridgefield Holdings INC
Equipment Finders INC
Quitclaim Deed
related
—
Feb 21, 2020
—
Equipment Finders INC Of Tennesse
—
Deed
related
$500,000 · Tennessee Bk
Oct 2, 2013
$775,000
Equipment Finders INC
Beyer,michael T & Peggy Anne
Grant Deed
$697,500 · Michael T & Peggy Anne Beyer
Aug 9, 2004
$870,000
Michael T Beyer
Hummco Enterprises LLC
Grant Deed
$301,500 · Premier Bank Of Brentwood
Apr 28, 1993
$325,000
Parts & Equipment Co INC
Unknown
Grant Deed
—
—
—
Equipment Finders INC Of Tennesse
—
Deed Of Trust
related
$500,000 · Tennessee Bk
—
—
Hummco Enterprises LLC
—
Deed Of Trust
related
$606,000 · Premier Bank Of Brentwood
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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