Freestanding Flex
For Sale
Contact for pricing
217 Willow Street, Nashville, TN 37210
Industrial-zoned property combining refreshed office areas with logistics-oriented access.
Property Size23,561 SF
Price / SF$199.48
Days on Market163
Property Features for 217 Willow Street
General Information
Standard status
Active
Size
23,561 SF
Class
B
Property subtype
Retail, Office, Industrial
Zoning
Industrial Restrictive
Listing Agency:
Equitable Property Company
Listed By:
Pete Greenfield · License #TN 298401
(615) 669-5480
Source:
Crexi
Added: May 7
Changed: Oct 4
Last Checked: Oct 16 at 8:41AM
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 Equitable Property Company
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Investment Insights
Based on property information with market context.
This freestanding flex space contains 23,561 square feet within an Industrial Restrictive zoning designation. The property combines renovated office areas and bathrooms with industrial capacity, creating a configuration suited to businesses requiring both administrative and operational space. Grade-level access and dock access support loading and day-to-day movement of goods.
Located at 217 Willow Street in Nashville, the property is near Downtown Nashville, Fairfield Avenue, Crema Coffee Roasters, the Entrepreneur Center, and the Buntin Group. Its urban setting places office and industrial functions within reach of established nearby destinations.
Located at 217 Willow Street in Nashville, the property is near Downtown Nashville, Fairfield Avenue, Crema Coffee Roasters, the Entrepreneur Center, and the Buntin Group. Its urban setting places office and industrial functions within reach of established nearby destinations.
Key Highlights
- 23,561‑square‑foot freestanding flex space
- Industrial Restrictive zoning
- Renovated office areas and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$295,013
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,900,260
$5.9M
Cap Rate 7%
$4,214,471
$4.2M
Cap Rate 9%
$3,277,922
$3.3M
Market Conditions
NOI Build-Up for 23,561 SF
Gross rent
$494.8K $21.00/SF
− Vacancy
−$101.4K −$4.31/SF
EGI
$393.4K $16.70/SF
− OpEx
−$98.3K −$4.17/SF
NOI
$295.0K $12.52/SF
Area
Nashville, TN
Vacancy
20.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,900,260
Cap Rate 7%
$4,214,471
Cap Rate 9%
$3,277,922
Alternative Uses
Best Use
Office B
$4.21M
$3.69M – $4.92M
NOI $295,013 @ 7.0% cap · market cap 6.28%
Second Best
Flex RnD
$3.24M
$2.84M – $3.78M
NOI $226,963 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$6.00M
$5.25M – $7.00M
NOI $419,857 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Balanced
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Nashville, TN
Similar Off Market Nearby
- Carol Ann's Mobile Bar — 407 Murfreesboro Pike, Nashville, TN 37210
- Chef Batts catering — 175 Lafayette St, Nashville, TN 37210
- Dega Catering — 214 Fesslers Ln, Nashville, TN 37210
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned property combining refreshed office areas with logistics-oriented access.
Where is this flex space located?
The property is located at 217 Willow Street Nashville, TN.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: 23,561‑square‑foot freestanding flex space; Industrial Restrictive zoning; Renovated office areas and bathrooms
