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    1811 Charlotte Ave Nashville, TN 37203

    Sponsored
    For Sale
    $5,900,000

    Prime Midtown Nashville location, 6,302 SF, high growth area.

    Property size:
    6,302 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 1811 Charlotte Avenue in Nashville, Tennessee, presents a compelling redevelopment opportunity. Boasting 6,302 square feet on a 0.66-acre lot, this Class A building, constructed in 1972 and renovated in 2009, offers significant potential for investors and owner-users. The property features a convenient location in Midtown Nashville, a rapidly growing area projected for an additional 8-10% population and household growth. Its strategic positioning provides easy access to interstates I-40, I-440, and I-65, ensuring excellent visibility and accessibility. The property includes 32 parking spaces, a loading dock, and a freight elevator (3' x 5.5'). Interior features include a 12'11" warehouse space height, two main floor restrooms, one upstairs restroom, and convenient loading access to both the first and second floors via a 7'11" x 6'11" opening. Exterior amenities include a Rainbird sprinkler system. The property benefits from nearly 200 feet of road frontage to the Northwest and 118 feet to the Northeast, and one designated handicapped parking space. The permitted zoning is Mixed-Use General. This property is being offered for sale by owner at $5,900,000 ($936.21/sq ft). Its proximity to TriStar Centennial and St. Thomas Ascension Hospital campuses, and numerous specialty clinics, further enhances its investment appeal. This is a rare chance to acquire a significant asset in a thriving Nashville neighborhood.

    Property Features for 1811 Charlotte Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,302 SF
    Class
    A
    Lot Size
    28,750 SF

    Building Details

    Year Built/Renovated
    1972/2009
    Buildings
    1
    Stories
    2

    HighLights

    • Two main floor restrooms.
    • One upstairs restroom.
    • Rainbird sprinkler system.
    • 12'11" warehouse clear height.
    • Loading dock with access to both floors via a 7'11" x 6'11" opening.
    • 3' x 5.5' freight elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Independence On Wheels Wheelchair Store ProTech Medical Medical Equipment Supplier

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Dental Office 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
    -86.8003581
    Latitude
    36.1575263

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    FAQs

    What type of property is this?
    Multifamily property - Prime Midtown Nashville location, 6,302 SF, high growth area.
    Where is this multifamily property located?
    The property is located at 1811 Charlotte Ave Nashville, TN.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: Two main floor restrooms.; One upstairs restroom.; Rainbird sprinkler system.
    (615) 302-5152
    Request Owner's contact information
    1811 Charlotte Ave Nashville, TN 37203
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    Realmo Value Estimation

    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.

    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.

    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
    1811 Charlotte Ave Nashville, TN 37203
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