Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Office buildings
885 Conference Dr Goodlettsville, TN 37072-2081
Individually Owned
5-yr Hold
Free & Clear
Property ID
US80-0715259
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
12,580 SF
Lot
1.46 ac (63,598 SF)
Zoning code
6ZZ
APN
026-00-0-167-00
UPID
US80-0715259
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
-
Joy Boykin, Realtor Real Estate Agency
-
Freeman & Bracey, PLC Law Firm
-
Paulette Biggers, RealEstate Broker, Coldwell Banker Barnes Real Estate Agency
-
Coldwell Banker Barnes Real Estate Agency
-
Guardian Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.46M
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$2.59M
Owner & transaction history
David R Barnes · 5 yrs held
David R Barnes
since 2021
7 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.6M
+143.5%
Medical building
$3.6M
+140.7%
Neighborhood: shopping center
$3.2M
+117.5%
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 Goodlettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodlettsville 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%
$3,740,000
6.5%
$3,455,000
7%
$3,205,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,590,000
Change: +144% · Conversion: Easy
MEDICAL BUILDING
$3,550,000
Change: +141% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,205,000
Change: +118% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,830,000
Change: +92% · Conversion: Easy
Blend value · Realmo final
$2.59M
Range $2.33M – $2.85M · ±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
$206 / 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
$23,196
Tax year 2023
Assessed value
$793,840
Assessed 2023
Previous assessed
$793,840
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$254,400
Assessed improvement
$539,440
Land market value
$636,000
Improvement market value
$1,348,600
Total market value
$1,984,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,580 SF
Lot
1.46 ac (63,598 SF)
Zoning code
6ZZ
APN
026-00-0-167-00
UPID
US80-0715259
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TN
Zoning 6ZZ · permitted uses
6ZZ · Goodlettsville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goodlettsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
COMMERCIAL (GENERAL)
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
2006
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
David R Barnes
Individual
Free & Clear · 5 yrs held
Mailing address
393 HARDING PL #205, NASHVILLE, TN 37211
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2021
—
David R Barnes
David R Barnes Properties LLC
Quit Claim Deed
related
—
Apr 14, 2020
—
David R Barnes Properties LLC
David Barnes
Quit Claim Deed
related
—
Mar 5, 2019
—
David Barnes
—
Deed
related
$4,315,783 · Pinnacle Bk
Dec 14, 2005
—
David R Barnes
—
Trustees Deed
related
$1,625,000 · Primetrust Bank
Feb 17, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
David Barnes
—
Deed Of Trust
related
$4,364,413 · Avenue Bk
—
—
David R Barnes
—
Deed Of Trust
related
$45,800 · Primetrust Bank
—
—
David Barnes
—
Loan Modification
related
$4,315,783 · Pinnacle Bk
—
—
David R Barnes
—
Deed Of Trust
related
$175,000 · Primetrust Bank
—
—
David R Barnes
—
Deed Of Trust
related
$161,600 · First 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.
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 885 Conference Dr?
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.
