Corner Mixed-Use
1000 18th Ave S, Nashville, TN 37212
For Sale
$2,250,000
Commercial property with a Music Row address, corner positioning, and proximity to Vanderbilt and Belmont universities.
Property Size5,832 SF
Price / SF$385.80
Days on Market100
Property Features for 1000 18th Ave S
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
JT Commercial Real Estate
Listed By:
John Toomey IV · License TN #332762
(615) 933-1610
Source:
Grayfoxrealty
Added: Aug 4
Changed: Oct 25
Last Checked: Oct 7 at 4:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JT Commercial Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use property comprises 5,832 square feet and was built in 1925. The building occupies a corner lot at 1000 18th Ave S, providing a commercial setting within Nashville’s Music Row area. The property is adjacent to the Music Square corridor, a district associated with the city’s recording and publishing industry.
The address is near Vanderbilt University, Belmont University, Midtown, and the Gulch. The property also carries a stated connection to George Strait, adding an established music-industry association to its Nashville setting. Its combination of commercial space, corner placement, and proximity to recognized local destinations supports a range of mixed-use considerations.
The address is near Vanderbilt University, Belmont University, Midtown, and the Gulch. The property also carries a stated connection to George Strait, adding an established music-industry association to its Nashville setting. Its combination of commercial space, corner placement, and proximity to recognized local destinations supports a range of mixed-use considerations.
Key Highlights
- 5,832‑square‑foot mixed‑use property
- Built in 1925
- Corner lot at 1000 18th Ave S
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,859
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,180
$1.4M
Cap Rate 7%
$1,012,271
$1.0M
Cap Rate 9%
$787,322
$787.3K
Market Conditions
NOI Build-Up for 5,832 SF
Gross rent
$126.0K $21.60/SF
− Vacancy
−$12.6K −$2.16/SF
EGI
$113.4K $19.44/SF
− OpEx
−$42.5K −$7.29/SF
NOI
$70.9K $12.15/SF
Area
Nashville, TN
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,180
Cap Rate 7%
$1,012,271
Cap Rate 9%
$787,322
Alternative Uses
Best Use
Mixed Use
$1.01M
$885.7K – $1.18M
NOI $70,859 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,926 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10,004
Businesses Nearby
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Business Placement
Demographics for 37212, TN
22,318
Population
8,306
Households
2.7
Avg Household Size
26
Median Age
78%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
8,266
Density / Sq Mi
$86,461
Median Household Income
$24,291
Median Earnings
$1,565
Median Rent
$928,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Nashville, TN
Properties on Market for Mixed-use properties in Nashville
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property with a Music Row address, corner positioning, and proximity to Vanderbilt and Belmont universities.
Where is this mixed-use property located?
The property is located at 1000 18th Ave S Nashville, TN.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 5,832‑square‑foot mixed‑use property; Built in 1925; Corner lot at 1000 18th Ave S
