Financial
Distress signals
Property profile

601 Merritt Ave Nashville, TN 37203

OFF-MARKET
Warehouses
Property ID
US80-3427982
11,744 SF 0.4 ac lot Built 1965
Last sale Jan 2025 · $4,100,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$962k
Assessed land$488k
Assessed improvement$475k
Effective rate3.25%

Value estimate

· Sep 2026
$4.77M
$4.29M – $5.24M
AI approach$4.87M
Submarket $/SF estimate$5.62M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$287 – $950
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IWD
IWD, Industrial Warehousing/Distribution District. The IWD district implements those industrial policies of the general plan that provide...
General categoryINDUSTRIAL
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.0
Garden Center11.5
HVAC Service11.4

Location

601 Merritt Ave Nashville, TN 37203-4818
County assessor Recorded deeds · 8 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1235 Martin, Nashville, TN 37203-4845 $5,431,750 Jul 2025 9,630 SF
469 Chestnut, Nashville, TN 37203-4846 $7,300,000 Dec 2024 14,640 SF
1100 Mcgavock, Nashville, TN 37203 $10,600,000 May 2024 12,750 SF
513 Merritt, Nashville, TN 37203-5305 $7,777,613 Jul 2023 11,250 SF
1626 State, Nashville, TN 37203 $3,500,000 Mar 2022 13,700 SF
105 Rains, Nashville, TN 37203-5328 $3,400,000 Feb 2022 11,565 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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