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

    2002 George Buchanan La Vergne, TN

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

    Land parcels available for lease near high-traffic corridor.

    Type:LAND
    Lot size:
    1.50 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    205
    Last Refresh:
    Mar 29 at 10:26 pm

    Property Features for 2002 George Buchanan

    General Information

    Standard status
    Active
    Lot size
    1.50 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 2002 George Buchanan Contact us

    We can help!

    Listing Contact
    Justin Schad, CCIM
    Justin Schad, CCIM

    Listing agent Justin Schad, CCIM

    Listing office The Shopping Center Group | Nashville

    Listing date Sep 9, 2025

    Source Moodyscre

    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 The Shopping Center Group | Nashville

    Overview

    Land Parcels Available For Lease

    Land parcels ranging from approximately 0.67 acres to 1.5 acres are available for lease. The location benefits from a signalized intersection on a high-traffic corridor with a daily vehicle count of 24,676. A common area detention pond serves all parcels. The site is near a newly opened Aldi grocery store and Chipotle. A Panda Express and Fifth Third Bank are currently under construction, with an anticipated opening in late 2025. Over 2,000 residential units are under construction within a 5-mile radius of the location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    La Vergne
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.5631
    Latitude
    36.0188

    Nearby Similar for Lease

    • $9/mo

      Industrial Space Near I-24

      Industrial property with convenient access to major transportation routes.
      1450 Gould Blvd, La Vergne, TN 37086
      View Details
    • $9/mo

      Industrial Space Near I-24

      Distribution center with convenient access to Nashville.
      1224-1230 Heil Quaker Blvd, La Vergne, TN
      View Details
    • Contact for pricing

      Land Parcels in Growing Area

      Available land parcels in high-growth Nashville MSA suburb.
      5309 Murfreesboro Road, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Nashville Distribution Center Sublease Opportunity

      Industrial sublease with flexible terms and convenient highway access.
      1230 Heil Quaker Blvd, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Land Parcels For Lease

      Commercial land parcels available for lease near Murfreesboro Road.
      205 Easy St, La Vergne, TN
      View Details
    • Contact for pricing

      La Vergne Fenced Land Available

      Fenced, graded, and graveled land for lease in La Vergne.
      400 Mason Rd, La Vergne, TN
      View Details
    • $11/mo

      La Vergne Warehouse Space Available

      16,000 SF warehouse space for lease in La Vergne.
      1405 Heil Quaker Boulevard, La Vergne, TN
      View Details
    • Contact for pricing

      La Vergne Industrial Property Available

      Industrial property in La Vergne, Tennessee, near major transportation routes.
      1 Walden Books Dr, La Vergne, TN
      View Details
    • $18/mo

      LaVergne Office Space for Rent

      Office space for rent off Murfreesboro Road in LaVergne.
      6001 Jackson Sq Blvd, La Vergne, TN
      View Details
    • $7/mo

      La Vergne Warehouse Space Available

      72,151 square foot warehouse space for lease.
      1501 Corporate Pl, La Vergne, TN
      View Details
    • Contact for pricing

      Land for Lease with Rail

      Lease up to 7 acres with rail access.
      1730 J P Hennessy Drive, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Industrial Space Available for Sublease

      43,001 SF industrial space with office in La Vergne.
      250-262 Mason Rd, La Vergne, TN
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land parcels available for lease near high-traffic corridor.
    Where is this commercial land located?
    The property is located at 2002 George Buchanan La Vergne, TN.
    What are key features of this property?
    This property features: High traffic location with signalized intersection (24,676 VPD); New Aldi and Chipotle now open; Over 2,000 residential units under construction within 5 miles
    (615) 881-3122
    We can help!
    Listing Contact
    Justin Schad, CCIM
    Justin Schad, CCIM
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!