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    5 Lafayette St Nashville, TN 37210

    For Sale
    $2,999,999

    Prime location, high-traffic area, immediate occupancy.

    Property size:
    1,484 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional mixed-use property, situated at 5 Lafayette Street in the vibrant heart of Nashville, Tennessee, presents a compelling investment opportunity. Boasting 1,484 square feet on a 0.27-acre lot, this property enjoys a highly desirable location, offering immediate access to the bustling energy of downtown Nashville. Its proximity to the Music City Center and other key downtown attractions ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The property is being sold "as is," providing the buyer with the flexibility to customize and develop the space to perfectly suit their business needs. The asking price is $2,999,999. Given its prime location and substantial square footage, this property represents a rare chance to acquire a significant commercial asset in one of Nashville's most sought-after areas. The property's central location offers unparalleled convenience and accessibility, placing it within easy reach of a diverse range of businesses, residential areas, and entertainment venues. This makes it an attractive proposition for entrepreneurs and investors seeking a strong foothold in the thriving Nashville commercial market. The 0.27-acre lot provides ample space for potential expansion or outdoor amenities, further enhancing its value and versatility. Serious inquiries are encouraged to explore this unique opportunity.

    Property Features for 5 Lafayette St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,484 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adams tire shop ... Tire Repair Shop Brakes Zone Complete ... Auto Repair Shop RM Auto Repair Mechanic S Nash Auto ... Car Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson County, TN
    State
    Tennessee
    Longitude
    -86.76832
    Latitude
    36.15052

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high-traffic area, immediate occupancy.
    Where is this mixed-use property located?
    The property is located at 5 Lafayette St Nashville, TN.
    What is the asking price?
    The asking price for this property is $2,999,999.
    (615) 391-9080
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    5 Lafayette St Nashville, TN 37210
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    Nashville, TN 37210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Lafayette St Nashville, TN 37210
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