Mixed-Use Building with Loading
New
For Sale
$2,225,000
340 W Trinity Ln, Nashville, TN 37207
Separate office and open-area components support a range of commercial functions.
Property Size17,440 SF
Price / SF$127.58
Days on Market6
Property Features for 340 W Trinity Ln
General Information
Standard status
Active
Size
17,440 SF
Building Details
Year Built
1975
Listing Agency:
Exit Real Estate Solutions
Listed By:
T Michelle Yohe 6152686604 · License #350769
(615) 826-0001
Source:
Nashvillehomefinderonline
Added: Sep 26
Changed: Oct 1
Last Checked: Oct 1 at 12:01PM
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 Exit Real Estate Solutions
Investment Insights
Based on property information with market context.
The 17,440-square-foot mixed-use building at 340 and 330 W Trinity Ln combines upstairs office space with a ground-level area for receiving, storage, and events. The upper level includes multiple offices and 7 bathrooms. Below, two roll-up doors and a separate receiving door serve wide-open floor areas, additional bathrooms, and storage. Windows bring natural light into the building, and there is another entrance in addition to the loading access.
The downstairs area accommodates truck maneuvering, including turnaround space for a box truck and access for an 18-wheeler to back in and out. I-65 is approximately a one-minute drive away. The property was built in 1975.
The downstairs area accommodates truck maneuvering, including turnaround space for a box truck and access for an 18-wheeler to back in and out. I-65 is approximately a one-minute drive away. The property was built in 1975.
Key Highlights
- 17,440 square feet across the 340 and 330 W Trinity Ln addresses
- Upstairs level has multiple offices and 7 bathrooms
- Ground floor includes two roll‑up doors and a receiving door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$194,630
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,892,600
$3.9M
Cap Rate 7%
$2,780,429
$2.8M
Cap Rate 9%
$2,162,556
$2.2M
Market Conditions
NOI Build-Up for 17,440 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$334.8K $19.20/SF
− Vacancy
−$23.4K −$1.34/SF
EGI
$311.4K $17.86/SF
− OpEx
−$116.8K −$6.70/SF
NOI
$194.6K $11.16/SF
Area
ZIP 37207
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,892,600
Cap Rate 7%
$2,780,429
Cap Rate 9%
$2,162,556
Alternative Uses
Best Use
Mixed Use
$2.78M
$2.43M – $3.24M
NOI $194,630 @ 7.0% cap · market cap 8.75%
Second Best
Warehouse
$2.56M
$2.24M – $2.99M
NOI $179,247 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$4.99M
$4.37M – $5.82M
NOI $349,286 @ 7.0% cap · market cap 15.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
Demographics for 37207, TN
38,719
Population
18,698
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
2,006
Density / Sq Mi
$60,102
Median Household Income
$38,115
Median Earnings
$1,200
Median Rent
$332,500
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate office and open-area components support a range of commercial functions.
Where is this mixed-use property located?
The property is located at 340 W Trinity Ln Nashville, TN.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: 17,440 square feet across the 340 and 330 W Trinity Ln addresses; Upstairs level has multiple offices and 7 bathrooms; Ground floor includes two roll‑up doors and a receiving door
