Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    806 Powers Ave Nashville, TN 37206

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    806 Powers Ave Nashville, TN 37206

    View on Map
    • Commercial real estate
    • 2,381 SF
    Off-Market
    Property ID
    US80-2810146
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 806 Powers Ave

    Year built
    1948
    Property size
    2,381 SF
    Property type
    Commercial real estate

    Description

    This three-unit apartment building, located at 806 Powers Ave in Nashville, Tennessee, presents a compelling investment opportunity. Built in 1948, the property boasts a total of 2,381 square feet and features eight parking spaces, with dedicated parking for each unit. The building includes a main unit on the ground level, currently undergoing interior painting, and two additional units. One unit is described as a "helper unit" and is not separately metered. The property benefits from a recently completed exterior renovation, including new siding, paint, and roof. Further improvements are planned, including gutter installation and yard seeding. The fenced backyard adds to the property's appeal. The property is offered in "as is" condition, with inspections welcome, but the seller will not make any repairs. The building's strong financial performance is highlighted by a Net Operating Income (NOI) of $63,867, making it an attractive cash-flowing asset. Its location in the desirable East Nashville neighborhood provides excellent rental potential. The asking price for this rare opportunity is $759,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7294935
    Latitude
    36.1853599

    Comparable in this City

    • $650,000
      1,436 SF

      1,436 SF Charming DUPLEX For Sale

      1,436 SF Charming DUPLEX For Sale
      1525 Riverside Dr, Nashville, TN 37206
      View Details
    • $2,700,000
      6,108 SF

      Fully Operational, Turn Key Non-Owner Occupied Short Term Rental Portfolio

      Fully Operational, Turn Key Non-Owner Occupied Short Term Rental Portfolio
      941 Main St, Nashville, TN 37206
      View Details
    • $675,000
      1,792 SF

      1,792 SF Prime Investment Opportunity – Recently Appraised Duplex

      1,792 SF Prime Investment Opportunity – Recently Appraised Duplex
      911 Chicamauga Ave, Nashville, TN 37206
      View Details
    • $650,000
      1,292 SF

      Residential Structure with Commercial Potential

      Residential structure with commercial use, redevelopment potential.
      1044 Granada Ave, Nashville, TN 37206
      View Details
    • $1,000,000
      3,281 SF

      Flexible, Income-Producing Property in the Heart of Lockeland Springs

      Flexible, Income-Producing Property in the Heart of Lockeland Springs
      305 S 14th St, Nashville, TN 37206
      View Details
    • $749,000
      2,932 SF

      4 Adjacent Duplexes Located in the Heart of East Nashville For Sale

      4 Adjacent Duplexes Located in the Heart of East Nashville For Sale
      811 Rose Park Dr, Nashville, TN 37206
      View Details

    Similar Nearby for Sale

    • $650,000
      1,436 SF

      1,436 SF Charming DUPLEX For Sale

      1,436 SF Charming DUPLEX For Sale
      1525 Riverside Dr, Nashville, TN 37206
      View Details
    • $2,700,000
      6,108 SF

      Fully Operational, Turn Key Non-Owner Occupied Short Term Rental Portfolio

      Fully Operational, Turn Key Non-Owner Occupied Short Term Rental Portfolio
      941 Main St, Nashville, TN 37206
      View Details
    • $675,000
      1,792 SF

      1,792 SF Prime Investment Opportunity – Recently Appraised Duplex

      1,792 SF Prime Investment Opportunity – Recently Appraised Duplex
      911 Chicamauga Ave, Nashville, TN 37206
      View Details
    • $650,000
      1,292 SF

      Residential Structure with Commercial Potential

      Residential structure with commercial use, redevelopment potential.
      1044 Granada Ave, Nashville, TN 37206
      View Details
    • $1,000,000
      3,281 SF

      Flexible, Income-Producing Property in the Heart of Lockeland Springs

      Flexible, Income-Producing Property in the Heart of Lockeland Springs
      305 S 14th St, Nashville, TN 37206
      View Details
    • $749,000
      2,932 SF

      4 Adjacent Duplexes Located in the Heart of East Nashville For Sale

      4 Adjacent Duplexes Located in the Heart of East Nashville For Sale
      811 Rose Park Dr, Nashville, TN 37206
      View Details

    Similar Nearby for Lease

    • $1,595 /Mo

      Modern Condo in East Nashville

      Sleek 1-bedroom condo with city views and modern amenities.
      2115 Yeaman Pl, Nashville, TN 37206
      View Details
    • Contact for pricing

      Parking Lot Retail Opportunity

      Paid parking lot suitable for retail development and ground leases.
      701 S 12Th St, Nashville, TN 37206
      View Details
    • $28 SF/Yr

      East Nashville Retail/Office Space

      Office, retail, and restaurant spaces for lease in East Nashville.
      604 Gallatin Ave, Nashville, TN 37206
      View Details
    • $8,750 /Mo
      3,970 SF

      Office Space in 5 Points Available For Lease

      Office Space in 5 Points Available For Lease
      1103 Holly St, Nashville, TN 37206
      View Details
    • Contact for pricing

      East Nashville Commercial Land For Rent

      0.98 acre commercial lot in high-traffic East Nashville corridor.
      1201 Gallatin Ave, Nashville, TN 37206
      View Details
    • $42 SF/Yr

      Retail Space in East Nashville

      Corner retail space with high visibility in a walkable community.
      18 Mcferrin Ave, Nashville, TN 37206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    806 Powers Ave
    Nashville, TN 37206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    806 Powers Ave, Nashville, TN, 37206

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!