Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Parking lots & garages
623 President Ronald Reagan Way Nashville, TN 37210
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0918586
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.14 ac (6,098 SF)
Zoning code
MULTI-ZONE
APN
093-11-0-161-00
UPID
US80-0918586
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
$2.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.43M
Owner & transaction history
Rutledge Hill LLC · 4 yrs held
Rutledge Hill LLC
since 2021
Last sale
$2.6M
7 recorded transactions
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
$2,425,000
ML approach
$2,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±10% · vs last sale $2.63M (Dec 13 2021)
Last sale anchor
$2.63M
Dec 13 2021
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
—
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
$12,808
Tax year 2023
Assessed value
$393,600
Assessed 2023
Previous assessed
$393,600
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$388,800
Assessed improvement
$4,800
Land market value
$972,000
Improvement market value
$12,000
Total market value
$984,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 LOT
Status
Off-Market
Heating
NONE
Cooling
CENTRAL
Stories
1
Lot
0.14 ac (6,098 SF)
Zoning code
MULTI-ZONE
APN
093-11-0-161-00
UPID
US80-0918586
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
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Rutledge Hill LLC
Entity
Mailing address
2101 SUPERIOR AVE E, CLEVELAND, OH 44114-2149
Ownership since
2021
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
Mar 6, 2026
—
Rutledge Hill LLC
—
Deed
related
$15,000,000 · Rh Lending LLC
Dec 13, 2021
—
Rutledge Hill LLC
Historic Rutledge Holdings LLC
Quit Claim Deed
related
$22,722,000 · Wilson Bank & Trust
Jul 22, 2021
—
Historic Rutledge Holdings LLC
Gbx Rutledge Hill LLC
Quit Claim Deed
related
—
Jul 16, 2021
—
Gbx Rutledge Hill LLC
L&l Nashville LLC
Quit Claim Deed
related
—
Dec 15, 2020
—
L & L Nashville LLC
—
Deed Of Trust
related
$675,000 · Roberts Larry L (es)
May 1, 2019
$2,625,000
L & L Nashville LLC
Real Larry R Estate Trust
Warranty Deed
$2,100,000 · Potomac Inv Ents LLC
Mar 17, 2016
—
John S Roberts
Roberts,larry L
Quit Claim Deed
related
—
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 623 President Ronald Reagan Way?
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.
