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    Nashville Warehouse and Distribution Center Title is generated by Realmo AI

    7021 W Belt Dr, Nashville, TN

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    505,682 SF warehouse with excellent access to transportation networks.

    Type:INDUSTRIAL
    Property size:
    505,682 SF
    Lot size:
    33.08 Acres
    Added:
    Jun 4, 2025
    Days on Market:
    358
    Last Refresh:
    May 20 at 8:04 pm

    Property Features for 7021 W Belt Dr

    General Information

    Standard status
    Active
    Size
    505,682 SF
    Lot size
    33.08 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 7021 W Belt Dr Contact us

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    Listing Contact
    Melissa Alexander
    Melissa Alexander

    Listing agent Melissa Alexander License #337758

    Listing office Foundry Commercial | Nashville

    Listing date Jun 4, 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 Foundry Commercial | Nashville

    HighLights

    • Prime infill location, just eight miles west of Downtown Nashville
    • Immediate access to Briley Parkway/155 for excellent transportation access
    • Features 505,682 SF of available warehouse space
    • Zoned IR, allowing for flexible layout
    • Includes 497 auto parking stalls and 106 remote trailer storage stalls
    • Equipped with 50 dock doors and 30 additional knockouts for high dock door capacity

    Overview

    Located eight miles west of Downtown Nashville, this industrial property offers 505,682 square feet of warehouse and distribution space. Situated on a 35.2-acre site zoned IR, the property allows for a flexible layout with ample parking. The location provides immediate access to major transportation arteries via Briley Parkway/155, offering accessibility to suppliers, customers, and critical transportation networks across the mid-south. The building features 56’ x 50’ column spacing (60’ at docks), 50 dock doors with 30 additional knockouts, and 4 drive-in doors. It also includes 106 remote trailer storage stalls and 497 auto parking stalls. The building has a depth of 570’ and a length of 840’, with a clear height of 40’.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Moving Forward America LLC — 150 4th Ave N Floor 20, Nashville, TN 37219
    • LuggageHero - Luggage storage 6Th Ave N & Church St Sb — 227 Rep. John Lewis Way N, Nashville, TN 37219
    • Bounce Luggage Storage - Broadway — 231 7th Ave N, Nashville, TN 37219
    • Nashville Luggage Drop — 501 Union St Suite L12, Nashville, TN 37219
    • Marion Storage Units — 411 Church St, Nashville, TN 37219

    Map

    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7806
    Latitude
    36.1725

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    FAQs

    What type of property is this?
    Warehouse - 505,682 SF warehouse with excellent access to transportation networks.
    Where is this warehouse located?
    The property is located at 7021 W Belt Dr Nashville, TN.
    What are key features of this property?
    This property features: Prime infill location, just eight miles west of Downtown Nashville; Immediate access to Briley Parkway/155 for excellent transportation access; Features **505,682 SF of available warehouse space**
    (615) 997-0010 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Melissa Alexander
    Melissa Alexander
    Real Estate License ID: 337758
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    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.

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