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Property profile & analytics
FOR SALE
Strip malls

39 Lafayette St Nashville, TN 37210

2,204 SF 0.12 ac lot Built 1950
Individually Owned 36-yr Hold Free & Clear
Property ID
US80-1994756
Property summary
AI-generated overview

This exceptional mixed-use property presents a rare opportunity in the vibrant heart of Nashville, TN. Situated at 39 Lafayette Street, this offering encompasses two parcels totaling 0.26 acres (11,325 square feet) and includes a 2,200-square-foot church building. Its prime location offers unparalleled access to the bustling energy of downtown Nashville, placing it in close proximity to the Music City Center and other key attractions. The property's configuration provides significant flexibility for a variety of commercial ventures. The existing church building offers substantial interior space adaptable to various uses, while the adjacent lot at 41 Lafayette Street provides valuable off-street parking, a highly sought-after amenity in this densely populated area. The property is being sold "as is," allowing for creative redevelopment and customization to suit the buyer's specific vision. This is an exceptional chance to acquire a strategically located commercial property in one of Nashville's most dynamic and desirable neighborhoods. The combination of the existing building and the additional parking lot presents a unique opportunity for investors and developers seeking a high-impact investment in a thriving urban environment. The property's size and location make it ideal for a range of commercial uses, offering significant potential for future growth and profitability.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1950
Total area 2,204 SF
Lot 0.12 ac (5,227 SF)
Zoning code CS
APN 093-15-0-350-00
UPID US80-1994756
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
  • ACI Supply inc. General Contractor Construction Company
  • Church In the Wilderness Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Timothy E Harris · 36 yrs held
Timothy E Harris
since 1989
1 recorded transaction
1989
$60,000
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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