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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
901 Washington St, Nashville, NC 27856-1742
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2861059
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
1,344 SF
Lot
3.49 ac (152,024 SF)
Zoning code
B1
APN
381005-09-1105
UPID
US53-2861059
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
-
Frank's Home Place Mobile Home Dealer General Contractor
-
Clayton Homes Mobile Home Dealer Prefabricated House Companies
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$430k
Comparable Approach
Comparable
$496k
Blend (final)
Blend
$520k
Owner & transaction history
Cmh Homes INC · 2 yrs held
Cmh Homes INC
since 2023
Last sale
$533,000
5 recorded transactions
Zoning & alternative use
B1 · Nashville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$510,000
+68.7%
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%
$465,000
6.5%
$430,000
7%
$400,000
Alternative Use
Use
Estimation
RETAIL STORES
$510,000
Change: +69% · Conversion: Moderate
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $533k (Oct 20 2023)
Last sale anchor
$533k
Oct 20 2023
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
$387 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,076
Tax year 2024
Assessed value
$211,230
Assessed 2024
Previous assessed
$211,230
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$196,880
Assessed improvement
$14,350
Land market value
$196,880
Improvement market value
$14,350
Total market value
$211,230
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2004
Heating
NONE
Total area
1,344 SF
Lot
3.49 ac (152,024 SF)
Zoning code
B1
APN
381005-09-1105
UPID
US53-2861059
Jurisdiction
NASH
Zoning & alternative use
B1 · Nashville, NC
Zoning B1 · permitted uses
B1 · Nashville, NC
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
RETAIL STORES
Est. value
$510,000
RETAIL STORES
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
2004
Heating
NONE
Lot
3.49 ac
Current owner
From public records · entity-resolved
Cmh Homes INC
Entity
Free & Clear · 2 yrs held
Mailing address
5000 CLAYTON RD, MARYVILLE, TN 37804-5550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 20, 2023
$533,000
Cmh Homes INC
Frank W Brown
Warranty Deed
—
Apr 21, 2017
$16,000
Franks Home Place INC
John T Avent
Warranty Deed
$51,522 · Tag Lending
Mar 8, 2016
$30,000
Franks Home Place INC
Georgia Kalmbrunn
Warranty Deed
$66,051 · Tag Lending
Mar 2, 2016
$20,000
Franks Home Place INC
James Hunter Fleming JR
Warranty Deed
$53,742 · Tag Lending
Jan 14, 2016
$15,500
Franks Home Place INC
Genia Tyson Bone
Warranty Deed
$44,104 · Tag Lending
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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