Nashville Warehouse with Redevelopment
For Sale
$2,999,000
Pending
5011 Michigan Avenue, Nashville, TN 37209
West Nashville warehouse with immediate functionality and long-term redevelopment potential.
Property Size9,080 SF
Days on Market110
Property Features for 5011 Michigan Avenue
General Information
Standard status
Pending
Size
9,080 SF
Property subtype
Commercial Sale / Mixed Use
Amenities
No Dock
Building Details
Year Built
1978
Stories
1
Listing Agency:
Compass
(615) 405-7422
Listed By:
Tony Carletello · License #275048
(615) 405-7422
Source:
Compass
Added: May 11
Changed: Aug 25
Last Checked: Aug 24 at 12:19PM
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 Compass
Investment Insights
Based on property information with market context.
Located in West Nashville's 37209 corridor, 5011 Michigan Ave features a 9,000 square foot warehouse. The property offers immediate functionality and long-term redevelopment potential. The location provides convenient access to downtown, The Nations, and key commuter routes. The existing warehouse can be utilized for a service-based business, contractor operation, or light industrial use. The property can generate income while holding as values appreciate. Redevelopment potential exists as the corridor evolves. The property is positioned along the Charlotte Pike corridor, surrounded by expanding residential density, and ongoing investment pushing west from downtown. It is located in the path of Nashville’s next wave of growth. The property is being sold as-is.
Key Highlights
- Located in West Nashville's rapidly growing 37209 corridor, offering significant long‑term redevelopment potential.
- Existing ±9,000 square foot warehouse provides immediate functionality and income‑generating opportunities.
- Situated in the path of Nashville's westward expansion, surrounded by increasing residential density and investment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37209, TN
40,498
Population
21,421
Households
1.9
Avg Household Size
32
Median Age
57%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
1,205
Density / Sq Mi
$75,810
Median Household Income
$48,965
Median Earnings
$1,580
Median Rent
$495,500
Median Home Value
Market
Vacancy Rate% for Industrial in Nashville, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - West Nashville warehouse with immediate functionality and long-term redevelopment potential.
Where is this warehouse located?
The property is located at 5011 Michigan Avenue Nashville, TN.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Located in West Nashville's rapidly growing 37209 corridor, offering significant long‑term redevelopment potential.; Existing ±9,000 square foot warehouse provides immediate functionality and income‑generating opportunities.; Situated in the path of Nashville's westward expansion, surrounded by increasing residential density and investment.
