Nashville Warehouse with Office
For Sale
$3,195,000
Pending
1922 Elm Tree Dr, Nashville, TN 37210
13,250 sq ft warehouse with 3,000 sq ft office.
Property Size13,250 SF
Lot Size0.99 Acres
Days on Market450
Property Features for 1922 Elm Tree Dr
General Information
Standard status
Pending
Size
13,250 SF
Lot size
0.99 Acres
Property subtype
Warehouse
Building Details
Building Size
13,250 SF
Year Built
1976
Listing Agency:
Elevate Powered By EXIT
Listed By:
Kel Williams · License #325074
(615) 957-5626
Source:
Fridrichandclark
Added: Jul 18, 2025
Changed: Sep 28
Last Checked: Oct 10 at 3:00AM
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 Elevate Powered By EXIT
Investment Insights
Based on property information with market context.
This 13,250 sq ft warehouse includes 3,000 sq ft of office space. Situated on just under an acre, the property is suitable for logistics, distribution, light manufacturing, or a service-based operation. It features two front loading docks and one drive-in bay. Located in a high-demand industrial corridor less than 3 miles from Nashville International Airport, the site provides access to I-40 and Briley Parkway.
Key Highlights
- Prime location less than 3 miles from Nashville International Airport.
- Easy freight access with two front loading docks and one drive‑in bay.
- 13,250 sq ft warehouse with 3,000 sq ft of modern office space.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,622
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,440
$2.1M
Cap Rate 7%
$1,480,314
$1.5M
Cap Rate 9%
$1,151,356
$1.2M
Market Conditions
NOI Build-Up for 13,250 SF
Gross rent
$126.8K $9.57/SF
− Vacancy
−$4.9K −$0.37/SF
EGI
$121.9K $9.20/SF
− OpEx
−$18.3K −$1.38/SF
NOI
$103.6K $7.82/SF
Area
Nashville, TN
Vacancy
3.86%
Lease Rate
$9.57 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,440
Cap Rate 7%
$1,480,314
Cap Rate 9%
$1,151,356
Alternative Uses
Best Use
Warehouse
$1.48M
$1.30M – $1.73M
NOI $103,622 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.94M
NOI $236,115 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37210, TN
17,134
Population
9,201
Households
1.9
Avg Household Size
32
Median Age
32%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
1,842
Density / Sq Mi
$43,343
Median Household Income
$36,815
Median Earnings
$1,250
Median Rent
$334,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Nashville, TN
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Frequently Asked Questions
What type of property is this?
Warehouse - 13,250 sq ft warehouse with 3,000 sq ft office.
Where is this warehouse located?
The property is located at 1922 Elm Tree Dr Nashville, TN.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: Prime location less than 3 miles from Nashville International Airport.; Easy freight access with **two front loading docks and one drive‑in bay**.; 13,250 sq ft warehouse with 3,000 sq ft of modern office space.**
