This 1,480-square-foot Class B office condominium, located at 7982 Coley Davis Road, Suite 201, Nashville, TN 37221, presents a compelling investment opportunity. Situated in the desirable Bellevue area of West Nashville, this single-unit property boasts a creative, executive, and traditional office layout, ideal for a variety of uses. The unit features a spacious open floor plan, perfect for cubicles, training facilities, or custom office divisions. Additional features include a private enclosed patio, a small office, several storage rooms, a bathroom, and a kitchen. Recent improvements include fresh paint and new flooring. The property is zoned COM and benefits from a 3% annual rent bump. The asking price is $540,000, representing a price per square foot of $364.86 and a 6.70% cap rate, with a net operating income (NOI) of $36,186. The property is offered as a net lease (NNN) investment with a single tenant. Built in 2005, this property offers convenient access to I-40 and Highway 70, placing it within easy reach of numerous amenities, including universities, hospitals, downtown Nashville, and a variety of restaurants and businesses. Tenant improvement allowances and rent concessions are available. This property is readily available for owner-occupancy or leasing at a base NNN rent.
Property Features for 7982 Coley Davis Rd
General Information
Property type
Office space
Square Feet
1,480 SF
Class
B
Building Details
Year Built
2005
Units
1
HighLights
1,480 SF Class B office condo in desirable Bellevue, West Nashville, offering a prime investment opportunity.
Excellent location with easy access to I‑40 and Highway 70, near public transportation.
Less than 15 minutes to universities, hospitals, and downtown Nashville.
Abundant nearby amenities including numerous restaurants and banking institutions.
Currently leased with a 6.70% cap rate and $36,186 NOI; $540,000 asking price ($364.86/SF).
Office space - 1,480 sq ft, prime Bellevue location, high NOI.
Where is this office space located?
The property is located at 7982 Coley Davis Rd Nashville, TN.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1,480 SF Class B office condo in desirable Bellevue, West Nashville, offering a prime investment opportunity.; Excellent location with easy access to I-40 and Highway 70, near public transportation.; Less than 15 minutes to universities, hospitals, and downtown Nashville.
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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
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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.
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
7982 Coley Davis Rd Nashville, TN 37221
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7982 Coley Davis Rd, Nashville, TN
Alexander Delgado
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7982 Coley Davis Rd, Nashville, TN
Alexander Delgado
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7982 Coley Davis Rd, Nashville, TN
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7982 Coley Davis Rd, Nashville, TN
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Alexander Delgado
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