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Mixed-Use Hotel Assemblage

819 Murfreesboro Pike, Nashville, TN 37217

For Sale
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Two operating hotels sit alongside retail space, a truck sales lot, and building areas prepared for potential conversion or expansion.

Property SizeContact for details
Lot Size9.88 Acres
Days on Market21

Property Features for 819 Murfreesboro Pike

General Information

Standard status Active
Lot size 9.88 Acres
Property subtype Hospitality, Retail, Land, Special Purpose
Zoning CS

Property Condition

Severity Major Repairs Needed
Evidence two rear buildings at the Super 8 location have been gutted

Site & Location

Neighborhood Glenview
Highway Access Yes
Road Access Yes
Mixed-Use Components hotel, retail, commercial

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Real Estate Included Yes

Additional Details

Automotive Uses dealership/vehicle sales

Building Details

Tenancy Multi
Listing Agency: Northmarq - Nashville
Listed By: Blake Wiser · License #366885
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 6:08PM

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 Northmarq - Nashville

Rey
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Investment Insights

Based on property information with market context.

This four-parcel mixed-use property at 819 Murfreesboro Pike in Nashville encompasses approximately 9.88 acres near the I-24 and Murfreesboro Pike interchange. Existing operations include a 150-key Best Western, a 144-key Super 8, a five-suite retail building, a commercial truck sales lot, and ancillary food-truck and airport-parking income. The truck-sales tenant has occupied the site for 25 years.

At the Best Western, 56 additional hotel keys remain unfinished in shell condition; the area is beneath a new roof and windows. Two rear buildings at the Super 8 have been gutted and prepared for potential multifamily conversion. The property is CS-zoned, with multifamily development allowed by right. Its location on Murfreesboro Pike, also identified as US-41/70S, is at the I-24 interchange.

Key Highlights

  • Approximately 9.88 acres across four parcels
  • Operating hotels comprise 150 Best Western keys and 144 Super 8 keys
  • 56 additional Best Western keys remain unfinished in shell condition

Property Analytics

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Current Use

Mexico lindo Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Butcher Law Firm Florist Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Hotels & Casinos 24% Dining 13%
Shell Shops & Services
7,100 visits/mo 0.1 miles
Bank of America Shops & Services
5,628 visits/mo 0.2 miles
Best Western Plus Sunrise Inn Hotels & Casinos
4,652 visits/mo 0.2 miles
Regions Bank Shops & Services
3,340 visits/mo 0.2 miles
Waffle House Dining
3,196 visits/mo 0.1 miles

Demographics for 37217, TN

33,115
Population
14,168
Households
2.3
Avg Household Size
33
Median Age
32%
College-Educated
82%
High-School Grad
17.8 sq mi
ZIP Area
1,860
Density / Sq Mi
$61,529
Median Household Income
$37,090
Median Earnings
$1,313
Median Rent
$279,400
Median Home Value
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Market

Average Price Trend$/SF for Mixed-use properties in Nashville, TN

$655 Jul
$614 Aug
$418 Sep
$499 Oct

Properties on Market for Mixed-use properties in Nashville

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Nashville, TN

4% 2019
5.4% 2020
3.8% 2021
2.6% 2022
2.1% 2023
2.4% 2024
3.7% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two operating hotels sit alongside retail space, a truck sales lot, and building areas prepared for potential conversion or expansion.
Where is this mixed-use property located?
The property is located at 819 Murfreesboro Pike Nashville, TN.
What are key features of this property?
This property features: Approximately 9.88 acres across four parcels; Operating hotels comprise 150 Best Western keys and 144 Super 8 keys; 56 additional Best Western keys remain unfinished in shell condition
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