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Property profile & analytics
OFF-MARKET
Estimated value
$17,800,000
Hotels
832 Royal Pkwy Nashville, TN 37214-3747
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1799822
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2013
Total area
63,773 SF
Lot
2.39 ac (104,108 SF)
Zoning code
CS
APN
108-02-0-113-00
UPID
US80-1799822
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
-
Home2 Suites by Hilton Nashville-Airport, TN Hotel & Motel
-
Hilton Hotel Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.80M
Owner & transaction history
Bna Premier Lodging LLC · 2 yrs held
Bna Premier Lodging LLC
since 2024
Last sale
$17.8M
5 recorded transactions
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$29.5M
+56.2%
Medical building
$22.3M
+17.8%
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
$17,800,000
ML approach
$17,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$18,885,000
Current use
RETAIL STORES
$29,490,000
Change: +56% · Conversion: Difficult
MEDICAL BUILDING
$22,255,000
Change: +18% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$18,465,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,685,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$17.80M
Range $16.02M – $19.58M · ±10% · vs last sale $17.80M (May 16 2024)
Last sale anchor
$17.80M
May 16 2024
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
$279 / 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
$154,327
Tax year 2023
Assessed value
$4,742,680
Assessed 2023
Previous assessed
$4,742,680
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$499,720
Assessed improvement
$4,242,960
Land market value
$1,249,300
Improvement market value
$10,607,400
Total market value
$11,856,700
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2013
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Total area
63,773 SF
Lot
2.39 ac (104,108 SF)
Zoning code
CS
APN
108-02-0-113-00
UPID
US80-1799822
Jurisdiction
DAVIDSON
Zoning & alternative use
CS · Nashville, TN
Zoning CS · permitted uses
CS · 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
HOTEL/MOTEL Current
Est. value
$18.9M
RETAIL STORES
Est. value
$29.5M
MEDICAL BUILDING
Est. value
$22.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.7M
HOTEL/MOTEL Current
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Heating
CENTRAL
Cooling
Yes
Stories
5
Lot
2.39 ac
Current owner
From public records · entity-resolved
Bna Premier Lodging LLC
Entity
Mailing address
100 BARZANDI DR, DICKSON, TN 37055-3558
Ownership since
2024
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
May 16, 2024
$17,800,000
Bna Premier Lodging LLC
105nashville LLC
Special Warranty Deed
$14,000,000 · Bryant Bank
Nov 1, 2016
$18,000,000
105nashville LLC
Pinnacle Nashville Airport
Grant Deed
$11,700,000 · Keybank USA
Jun 25, 2012
—
Pinnacle Nashville Airport
—
Trustees Deed
related
$7,000,000 · Avenue Bank
Sep 3, 2009
$950,000
Pinnacle Nashville Airport
Duke Realty Limited Partnership
Special Warranty Deed
$715,000 · Bancorpsouth Bank
Mar 9, 1999
$1,086,421
Duke Realty LP
Henry C Mccall Trustee
Grant Deed
—
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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