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144-Key Hotel with Conversion Buildings

821 MURFREESBORO PIKE, Nashville, TN 37217

For Sale
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An operating Super 8 occupies the front structure, while two rear buildings are prepared for potential reuse.

Property SizeContact for details
Lot Size4.17 Acres
Days on Market11

Property Features for 821 MURFREESBORO PIKE

General Information

Standard status Active
Lot size 4.17 Acres
Property subtype Hospitality
Zoning CS

Site & Location

Neighborhood Glenview
Highway Access Yes
Road Access Yes

Additional Details

Currently Operating Yes

Building Details

Buildings 3
Listing Agency: Northmarq - Nashville
Listed By: Blake Wiser · License TN #366885
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 4:09PM

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.

The 4.17-acre property contains three buildings and 144 guest rooms. The front structure operates as a Super 8 hotel; both rear buildings have been gutted and prepared for possible conversion. The site carries CS zoning, which allows multifamily development by right, subject to applicable approvals for any proposed project.

Positioned at the I-24/I-40 split, the property lies along a corridor linking downtown Nashville with Nashville International Airport. It is also within a HUD-designated Qualified Census Tract.

Key Highlights

  • Three buildings totaling 144 keys on 4.17 acres
  • Front building operates as a Super 8 hotel
  • Two rear buildings are gutted and prepared for potential conversion

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Travelodge by Wyndham ... Hotel & Motel Super 8 by ... Hotel & Motel Reggae Eats Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Nail Salon (Bike/Boat/Book/etc) Store Spa & Massage Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - An operating Super 8 occupies the front structure, while two rear buildings are prepared for potential reuse.
Where is this hotel located?
The property is located at 821 MURFREESBORO PIKE Nashville, TN.
What are key features of this property?
This property features: Three buildings totaling 144 keys on 4.17 acres; Front building operates as a Super 8 hotel; Two rear buildings are gutted and prepared for potential conversion
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Includes: Price & PSF · Cap rate · Location · Zoning

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