Corner Mixed-Use
New
For Sale
$2,250,000
1000 18th Ave S, Nashville, TN 37212
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 Market4
Property Features for 1000 18th Ave S
General Information
Standard status
Active
Size
5,832 SF
Property subtype
Mixed Use
Building Details
Building Size
5,832 SF
Year Built
1925
Listing Agency:
JT Commercial Real Estate
(615) 933-1610
Listed By:
John Toomey IV · License #332762
(615) 933-1610
Source:
Fridrichandclark
Added: Aug 2
Changed: Aug 5
Last Checked: Aug 5 at 5:10AM
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
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 For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.0k | $21.60 |
| − Vacancy | −$12.6k | −$2.16 |
| EGI | $113.4k | $19.44 |
| − OpEx | −$42.5k | −$7.29 |
| NOI | $70.9k | $12.15 |
5,832 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,186
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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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
