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Property profile & analytics
OFF-MARKET
Estimated value
$14,105,000
Warehouses
815 Cowan St Nashville, TN 37207-5623
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-1307407
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1974
Total area
72,576 SF
Lot
9.45 ac (411,642 SF)
Zoning code
MUI-A
APN
082-02-0-077-00
UPID
US80-1307407
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
Current use
Occupant on record · Public records
-
Safelite AutoGlass General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.36M
Comparable Approach
Comparable
$13.11M
Blend (final)
Blend
$14.11M
Owner & transaction history
Ci-c Partners LLC · 8 yrs held
Ci-c Partners LLC
since 2017
5 recorded transactions
Zoning & alternative use
MUI-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.2M
+17.5%
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%
$11,215,000
6.5%
$10,355,000
7%
$9,615,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,040,000
Current use
OFFICE BUILDING
$21,190,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$17,850,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$14.11M
Range $12.69M – $15.52M · ±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
$194 / 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
$290,725
Tax year 2023
Assessed value
$8,934,400
Assessed 2023
Previous assessed
$8,934,400
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$8,891,480
Assessed improvement
$42,920
Land market value
$22,228,700
Improvement market value
$107,300
Total market value
$22,336,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
72,576 SF
Lot
9.45 ac (411,642 SF)
Zoning code
MUI-A
APN
082-02-0-077-00
UPID
US80-1307407
Jurisdiction
DAVIDSON
Zoning & alternative use
MUI-A · Nashville, TN
Zoning MUI-A · permitted uses
MUI-A · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$18.0M
OFFICE BUILDING
Est. value
$21.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
9.45 ac
Current owner
From public records · entity-resolved
Ci-c Partners LLC
Entity
Free & Clear · 8 yrs held
Mailing address
6 E MONROE ST APT #300, CHICAGO, IL 60603-2738
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2017
$3,602,068
Ci-c Partners LLC
Ci Partners LLC
Quit Claim Deed
related
—
Oct 16, 2007
—
Ci Partners LLC
—
Deed Of Trust
related
$17,800,000 · Capmark Bank
Dec 29, 2000
$8,200,000
Ci Partners LLC
Equitable Life Assurance Socie
Grant Deed
$10,000,000 · First Bank & Trust Co Illinois
—
—
Soundcheck LLC
—
Deed Of Trust
related
$95,000 · Cornerstone Community Bank
—
—
Sc Acquisitions LLC
—
Deed Of Trust
related
$1,200,000 · Cornerstone Community Bank
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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