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Property profile & analytics
OFF-MARKET
Estimated value
$3,210,000
High-rise multifamily apartments
942 Jefferson St Nashville, TN 37208-2634
Entity Owned
Free & Clear
Property ID
US80-1114959
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2005
Total area
17,818 SF
Lot
0.43 ac (18,731 SF)
Zoning code
MULTI-ZONE
APN
081-16-0-395-00
UPID
US80-1114959
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
-
Sunshot Coffee Germantown Cafe & Coffee Shop
-
Booker & White PLLC Law Firm
-
Ada's Fine Foods Restaurant
-
Aunt Pam's Cookies & Barbara's Southern Pies (Bike/Boat/Book/etc) Store Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
$3.60M
Blend (final)
Blend
$3.21M
Owner & transaction history
Jefferson Preservation LLC
Jefferson Preservation LLC
since 2026
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.2M
+18.7%
Neighborhood: shopping center
$5.2M
+17.7%
Commercial (general)
$4.9M
+12.0%
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%
$3,095,000
6.5%
$2,855,000
7%
$2,655,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,385,000
Current use
OFFICE BUILDING
$5,205,000
Change: +19% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,160,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,910,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$3.21M
Range $2.89M – $3.53M · ±10% · vs last sale $3.19M (Feb 2 2026)
Last sale anchor
$3.19M
Feb 2 2026
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
$180 / 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
$42,121
Tax year 2023
Assessed value
$1,294,440
Assessed 2023
Previous assessed
$1,294,440
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$648,720
Assessed improvement
$645,720
Land market value
$1,621,800
Improvement market value
$1,614,300
Total market value
$3,236,100
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
17,818 SF
Lot
0.43 ac (18,731 SF)
Zoning code
MULTI-ZONE
APN
081-16-0-395-00
UPID
US80-1114959
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Zoning 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
Nashville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.4M
OFFICE BUILDING
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2005
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Jefferson Preservation LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1203 9TH AVE N, NASHVILLE, TN 37208-2525
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
$3,190,000
Jefferson Preservation LLC
Rudy Family Limited Partnership
Special Warranty Deed
—
Feb 2, 2026
—
Jefferson Preservation LLC
Rudy Family Limited Partnership
Quitclaim Deed
related
—
Oct 15, 2025
$3,050,000
Fudy Family Limited Partnership
Fifteenth Avenue Baptist Church INC
Warranty Deed
—
Sep 8, 2025
—
Fifteenth Avenue Baptist Church INC
Tidy Dog 2 LLC
Deed
—
Jun 19, 2017
$1,609,896
Fifteenth Ave Baptist Ch INC
Fifteenth Avenue Baptist Cmnty
Warranty Deed
—
Jul 12, 2016
—
Fifteenth Avenue Baptist Cmnty
—
Deed
related
$1,981,500 · Private Individual
Jul 2, 2009
—
Fifteenth Ave Baptist Cmnty De
942 Jefferson Street LLP
Quit Claim Deed
related
—
Nov 5, 2004
—
942 Jefferson Street LLP
Metropolitan Dev & Hsng Agcy
Quit Claim Deed
related
$1,915,000 · Nashville Housing Fund INC
—
—
Fifteenth Avenue Baptist Cmnty
—
Loan Modification
related
$256,500 · Private Individual
—
—
Fifteenth Avenue Baptist Cmnty
—
Loan Modification
related
$1,725,000 · Private Individual
—
—
Fifteenth Ave Baptist Cmnty De
—
Deed Of Trust
related
$2,066,000 · Private Individual
—
—
Fifteenth Avenue Baptist Cmnty
—
Loan Modification
related
$1,981,500 · Private Individual
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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