Sign Up Successful!
You now have access to more from Realmo!
    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

    700 Church Street Aly, Unit 902 Nashville, TN 37203

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600 /Mo ($22 SF/Yr)

    Spacious corner loft in downtown Nashville with city skyline views.

    Property size:
    852 SF
    Lot size:
    852 SF

    Property Features for 700 Church Street Aly

    General Information

    Size
    852 SF

    Building Details

    Year built
    1926

    We can help!

    Listing Contact
    Brenda Kersey
    Source: Kw

    Listing Agent: Brenda Kersey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Bennie Dillon Loft

    This spacious corner loft is located in the historic Bennie Dillon building in downtown Nashville. The property features eastern and southern exposures, providing natural light and city skyline views. The art deco architecture adds a touch of elegance, while modern amenities ensure comfort and convenience. The unit includes an in-unit washer and dryer. The building offers a gym and a spacious common area. An attached garage includes a top-floor, uncovered parking space. The property is located steps away from the Broadway music scene. The property size is 852 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Law Firm Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.795691
    Latitude
    36.156284

    Nearby Similar for Lease

    • Contact for pricing
      23,000 SF

      LEED Gold Certified Office Tower

      Downtown Nashville office space with modern amenities and convenient location.
      150 3Rd Ave S, Nashville, TN 37201
      View Details
    • Contact for pricing

      Class A Office Sublease SoBro

      Move-in ready office sublease in Nashville's vibrant SoBro district.
      615 3Rd Ave S, Nashville, TN 37210
      View Details
    • $35 SF/Yr
      3,432 SF

      East Nashville Flexible Retail Space

      Adaptable retail space in vibrant East Nashville neighborhood.
      1531 Jones Ave, Nashville, TN 37207
      View Details
    • $6,000 /Mo
      2,850 SF

      Creative Space in Nashville

      Creative headquarters in Nashville's next great economic expansion.
      1010 Whites Creek Pike, Nashville, TN 37207
      View Details
    • $36 SF/Yr
      17,392 SF

      Prime Office Space Near Ryman

      Two-story office building with prominent exposure and abundant amenities.
      333 Commerce St, Nashville, TN 37201
      View Details
    • $1,595 /Mo

      Modern Condo in East Nashville

      Sleek 1-bedroom condo with city views and modern amenities.
      2115 Yeaman Pl, Nashville, TN 37206
      View Details
    • Contact for pricing

      Office Suites in Historic Mill

      Spec suites in vibrant Nashville neighborhood, available January 2026.
      1610 54Th Ave North, Nashville, TN 37209
      View Details
    • Contact for pricing

      Charlotte Avenue Showroom/Office/Warehouse Space

      6,750 SF showroom/office/light warehouse space on Charlotte Avenue.
      3727-3729 Charlotte Ave, Nashville, TN 37209
      View Details
    • $35 SF/Yr

      Retail Space in Parke West

      Vibrant West End location with high visibility and accessibility.
      110 Murphy Ct, Nashville, TN 37203
      View Details
    • $1,995 /Mo
      788 SF

      Southgate Condo with Courtyard View

      Spacious 1 bed, 1 bath condo near Nashville hotspots.
      542 Southgate Ave, Nashville, TN 37203
      View Details
    • $3,500 /Mo

      Versatile Commercial Space in Nashville

      Adaptable 2,100 sq ft space suitable for office or retail.
      577 Stewarts Ferry Pike, Nashville, TN 37214
      View Details
    • $45 SF/Yr

      Restored Industrial Building on Charlotte Avenue

      Mixed-use destination with retail, dining, wellness, and workspaces.
      3820 Charlotte Ave, Nashville, TN 37209
      View Details

    FAQs

    What type of property is this?
    Apartment building - Spacious corner loft in downtown Nashville with city skyline views.
    Where is this apartment building located?
    The property is located at 700 Church Street Aly, Unit 902 Nashville, TN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Nashville location, steps from Broadway.; - Spacious corner loft with Eastern & Southern exposures and city views.; - Attached garage with included top-floor parking space.
    (615) 672-0302
    Request Owner's contact information
    700 Church Street Aly, Unit 902 Nashville, TN 37203
    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.
    700 Church Street Aly, Unit 902
    Nashville, TN 37203
    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
    700 Church Street Aly, Unit 902 Nashville, TN 37203
    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

    We can help!
    Listing Contact
    Brenda Kersey
    (615) 672-0302
    Learn more
    Google sign-in failed. Please try again or use another login method.