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Property profile & analytics
OFF-MARKET
Estimated value
$79,875,000
Hotels
920 Broadway Nashville, TN 37203-3807
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-0023446
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1968
Total area
230,595 SF
Lot
1.03 ac (44,867 SF)
Zoning code
DTC
APN
093-05-0-185-00
UPID
US80-0023446
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
-
Pipeline Conference Hotel & Motel
-
ATM Atm
-
Holiday Inn Express Nashville Downtown - Broadway, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$82.46M
Blend (final)
Blend
$79.88M
Owner & transaction history
Nf V Nashville LLC · 2 yrs held
Nf V Nashville LLC
since 2023
Last sale
$81.8M
7 recorded transactions
Zoning & alternative use
DTC · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$123.2M
+80.4%
Neighborhood: shopping center
$122.1M
+78.8%
Retail stores
$106.6M
+56.2%
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
$73,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$68,290,000
Current use
WAREHOUSE, STORAGE
$123,170,000
Change: +80% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$122,065,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$106,640,000
Change: +56% · Conversion: Difficult
MEDICAL BUILDING
$80,470,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$79.88M
Range $71.89M – $87.86M · ±10% · vs last sale $81.76M (Dec 13 2023)
Last sale anchor
$81.76M
Dec 13 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
$346 / 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
$990,544
Tax year 2023
Assessed value
$29,276,600
Assessed 2023
Previous assessed
$29,276,600
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$8,122,080
Assessed improvement
$21,154,520
Land market value
$20,305,200
Improvement market value
$52,886,300
Total market value
$73,191,500
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
1968
Heating
CENTRAL
Cooling
CENTRAL
Stories
8
Total area
230,595 SF
Lot
1.03 ac (44,867 SF)
Zoning code
DTC
APN
093-05-0-185-00
UPID
US80-0023446
Jurisdiction
DAVIDSON
Zoning & alternative use
DTC · Nashville, TN
Zoning DTC · permitted uses
DTC · 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
$68.3M
WAREHOUSE, STORAGE
Est. value
$123.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$122.1M
RETAIL STORES
Est. value
$106.6M
MEDICAL BUILDING
Est. value
$80.5M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL 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
1968
Heating
CENTRAL
Cooling
Yes
Stories
8
Lot
1.03 ac
Current owner
From public records · entity-resolved
Nf V Nashville LLC
Entity
Mailing address
3424 PEACHTREE RD NE, ATLANTA, GA 30326-1118
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2023
$81,762,000
Nf V Nashville LLC
Nht Nashville LLC
Special Warranty Deed
—
Jan 11, 2019
$117,500,000
Nht Nashville LLC
Birchmont-h I Nashville LLC
Grant Deed
—
May 10, 2007
$39,250,000
Birchmont-h I Nashville LLC
Tennessee Oakmont LLC
Deed Of Trust
related
$33,360,000 · Column Financial INC
Nov 11, 2002
$8,400,000
Tennessee Oakmont LLC
Patriot American Hopitality
Grant Deed
—
Aug 21, 1991
$4,996,236
Tenth Street Ci INC
Unknown
Grant Deed
—
—
—
Birchmont-hi Nashville LLC
—
Deed Of Trust
related
$72,500,000 · Societe Generale
—
—
Tennessee Oakmont LLC
—
Deed Of Trust
related
$11,000,000 · Column Financial INC
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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