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    155-163 Old Hermitage Ave Nashville, TN 37210

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    For Sale
    $1,500,000

    0.61 acres of commercial land in Nashville's urban core.

    Property size:
    10,000 SF
    Lot size:
    0.97 Acres

    Property Features for 155-163 Old Hermitage Ave

    General Information

    Size
    10,000 SF
    Lot size
    0.97 Acres

    Source: Charles Hawkins Co. Agent Jonathan Douillard

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

    Overview

    Prime Nashville Land For Sale

    This property features approximately 0.61 acres of commercial land zoned CS. The site benefits from interstate visibility from I-40, which sees over 137,508 vehicles per day. The location is in Nashville’s downtown urban core, less than 1 mile from an I-40 on/off ramp. The property includes a billboard sign that is currently leased by Lamar.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Pharmacy 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
    -86.7609791
    Latitude
    36.1540207

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    FAQs

    What type of property is this?
    Commercial land - 0.61 acres of commercial land in Nashville's urban core.
    Where is this commercial land located?
    The property is located at 155-163 Old Hermitage Ave Nashville, TN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Excellent location in Nashville’s downtown urban core; - Site offers interstate visibility from I-40 where over 137,508 vehicles pass per day; - Includes a billboard sign which is leased by Lamar
    (615) 517-7700
    Request Owner's contact information
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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
    155-163 Old Hermitage Ave Nashville, TN 37210
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