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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Medical Office Space
905 Main St Nashville, TN 37206-3684
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US80-3393405
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
11,700 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MULTI-ZONE
APN
082-12-0-227-00
UPID
US80-3393405
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
-
Neighborhood Health at East Side Medical Clinic
-
Michael Nelson Physician
-
Dr. Tiffanie Garrison-Jeter Dental Office
-
Dr. Janeen Moore Dental Office
-
Mrs. Melan Smith-Francis Midwife Nurse Practitioner
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
United Nbrhd Health Svcs INC · 17 yrs held
United Nbrhd Health Svcs INC
since 2008
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Ordinance
Top alternative use upside
Neighborhood: shopping center
$4.4M
+7.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,085,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,380,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$3,415,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$78 / 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
Land market value
$1,600,000
Improvement market value
$1,675,700
Total market value
$3,275,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
11,700 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MULTI-ZONE
APN
082-12-0-227-00
UPID
US80-3393405
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
OFFICE BUILDING
Est. value
$3.4M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1973
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
United Nbrhd Health Svcs INC
Entity
Mailing address
617 S 8TH ST, NASHVILLE, TN 37206-3894
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2008
$850,000
United Nbrhd Health Svcs INC
Eluhu,marcel Y
Warranty Deed
—
Nov 27, 2002
$500,000
Marcel Y Eluhu
Main Street Dev Of Nashville
Grant Deed
$450,000 · Amsouth Bank
Mar 4, 1996
$185,072
Main Street Development
Unknown
Grant Deed
$149,000 · Citizens Savings Bank
Nov 14, 1992
$185,072
Third Natl Bank Nash
Unknown,
Grant Deed
related
—
Nov 11, 1992
$185,072
Third National Bank In Nashville
Unknown
Grant Deed
related
—
—
—
Marcel Y Eluhu
—
Deed Of Trust
related
$457,232 · Amsouth Bank
—
—
Main Street Dev Nashville LLC
—
Deed Of Trust
related
$310,000 · Citizens Bank & Trust Co
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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