Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    333 Commerce St Nashville, TN 37201

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Two-story office building with prominent exposure and abundant amenities.

    Property size:
    18,781 SF
    Lot size:
    2.69 Acres

    Property Features for 333 Commerce St

    General Information

    Size
    18,781 SF
    Lot size
    2.69 Acres

    We can help!

    Listing Contact
    Sarah Pettigrew
    Sarah Pettigrew
    Source: Moodyscre

    Listing Agency: Cushman & Wakefield | Nashville Listing Agent: Sarah Pettigrew

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Office Space Near Ryman

    This two-floor building is located directly across from the Ryman Auditorium ticket entrance and 333 Commerce. It offers abundant area amenities, including proximity to 5th & Broadway, 2nd Avenue Arts District, and Printers Alley. The property features prominent signage opportunities with great visibility from Ryman Auditorium, along with a great opportunity for a glass storefront along 4th Avenue and Commerce. A prominent window line provides views of Ryman Auditorium and Winter Garden and Plaza. The property includes a large outdoor seating area with a secluded patio suitable for outdoor workspaces and dining. There is also the opportunity for a potential rooftop deck atop the two-story structure. Ample parking is available, with 7,230 parking stalls within 485 feet, and a parking garage offered for building tenants at a rate of 2/1,000 SF, available during the day and after hours. Interior loading docks facilitate easy loading and unloading, and a private interior freight elevator provides access from the loading dock. The first floor features 17’ 6” floor-to-slab and 13’ floor-to-steel structure ceiling heights, while the second floor offers 16’ floor-to-slab and 14’ 7” floor-to-steel structure ceiling heights. The property has 17,392 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunrise School Counselor Ashley Pennybaker Physician Nashville Private Jet ... Aviation Consultant Concert Genetics Corporate Office Hindman Company Advertising Agency

    Suggested Use

    Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Restaurant Daycare Center Real Estate Agency Grocery & Convenience Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7772553
    Latitude
    36.1623268

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      TN, Nashville - 500 Church Street

      Workspaces, services and support to help you work better in TN, Nashville - 500 Church Street
      500 Church Street Aly, Nashville, TN 37219
      View Details
    • New
      Contact for pricing

      Spaces Riverfront Park

      Workspaces, services and support to help you grow your business in Spaces Riverfront Park
      222 2Nd Ave, Nashville, TN 37201
      View Details
    • New
      Contact for pricing

      TN, Nashville - 315 Deaderick

      Find fully flexible work and meeting space in TN, Nashville - 315 Deaderick
      315 Deaderick St, Nashville, TN 37238
      View Details
    • New
      Contact for pricing

      TN, Nashville - 1 Music Circle

      Discover many ways to work your way in TN, Nashville - 1 Music Circle
      1 Music Cir, Nashville, TN 37203
      View Details
    • New
      Contact for pricing

      American Center

      Discover many ways to work your way in American Center
      3102 End Ave, Nashville, TN 37203
      View Details
    • New
      Contact for pricing

      Burton Hills

      Discover many ways to work your way in Burton Hills
      40 Burton Hills Blvd, Nashville, TN 37215
      View Details
    • New
      Contact for pricing

      Highland Ridge II

      Discover many ways to work your way in Highland Ridge II
      555 Marriott Dr, Nashville, TN 37214
      View Details
    • New
      Contact for pricing

      West End

      Discover many ways to work your way in West End
      3200 End Ave, Nashville, TN 37203
      View Details
    • $45 SF/Yr

      Restored Industrial Building on Charlotte Avenue

      Mixed-use destination with retail, dining, wellness, and workspaces.
      3820 Charlotte Ave, Nashville, TN 37209
      View Details
    • Contact for pricing

      Charlotte Avenue Showroom/Office/Warehouse Space

      6,750 SF showroom/office/light warehouse space on Charlotte Avenue.
      3727-3729 Charlotte Ave, Nashville, TN 37209
      View Details
    • Contact for pricing
      6,228 SF

      Downtown Nashville Office Space Available

      Office space in downtown Nashville with superior access and amenities.
      511 Union St, Nashville, TN 37219
      View Details
    • $42 SF/Yr

      Retail Space in East Nashville

      Corner retail space with high visibility in a walkable community.
      18 Mcferrin Ave, Nashville, TN 37206
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building with prominent exposure and abundant amenities.
    Where is this office building located?
    The property is located at 333 Commerce St Nashville, TN.
    What are key features of this property?
    This property features: - Directly across from the Ryman Auditorium ticket entrance, offering prominent exposure and visibility.; - Abundant parking with 7,230 stalls within 485 feet and a 2/1,000 SF parking garage for tenants.; - **Large outdoor seating area with a secluded patio and potential for a rooftop deck.**
    (615) 301-2800 Call to check price and availability
    Request Owner's contact information
    333 Commerce St Nashville, TN 37201
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    333 Commerce St
    Nashville, TN 37201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    333 Commerce St Nashville, TN 37201
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sarah Pettigrew
    Sarah Pettigrew
    (615) 301-2800 (615) 208-3694
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!