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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office buildings
921 1st St Nashville, NC 27856
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-2555218
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
1,508 SF
Lot
73.68 ac (3,209,501 SF)
Zoning code
A1
APN
381117-11-5668
UPID
US53-2555218
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
-
Nash County Animal Shelter Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$467k
Blend (final)
Blend
$610k
Owner & transaction history
NASH COUNTY
NASH COUNTY
Zoning & alternative use
A1 · Nashville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The A-1 district is defined as one to provide land for future development while permitting continued agricultural use until such time that development is appropriate, it is assumed that approved wells and septic tanks will be utilized until such time as municipal water and sewer is available, This district is situated primarily in the town's extraterritorial…
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
3,949.99 ac
Source
Realmo
Top alternative use upside
Retail stores
$570,000
+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%
$520,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
RETAIL STORES
$570,000
Change: +69% · Conversion: Moderate
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$405 / 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
Assessed value
$187,210
Assessed 2024
Previous assessed
$187,210
+0.0% YoY
Assessed land
$104,810
Assessed improvement
$82,400
Land market value
$104,810
Improvement market value
$82,400
Total market value
$187,210
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
1986
Heating
YES
Total area
1,508 SF
Lot
73.68 ac (3,209,501 SF)
Zoning code
A1
APN
381117-11-5668
UPID
US53-2555218
Jurisdiction
NASH
Zoning & alternative use
A1 · Nashville, NCZoning A1 · permitted uses
A1 · Nashville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The A-1 district is defined as one to provide land for future development while permitting continued agricultural use until such time that development is appropriate, it is assumed that approved wells and septic tanks will be utilized until such time as municipal water and sewer is available, This district is situated primarily in the town's extraterritorial jurisdiction
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
3,949.99 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$570,000
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
1986
Heating
YES
Lot
73.68 ac
Current owner
From public records · entity-resolved
NASH COUNTY
Individual
Free & Clear · 0 yrs held
Mailing address
120 W WASHINGTON ST STE #3072, NASHVILLE, NC 27856-1376
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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