Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3700 Nolensville Park Nashville, TN 37211
    Back to Search
    Property profile & analytics

    3700 Nolensville Park, Nashville, TN 37211

    View on Map
    • Retail properties & Spaces
    • 1,450 SF
    • 0.43 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3700 Nolensville Park

    Year built
    1935
    Lot size
    0.43 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional redevelopment opportunity encompasses two buildings totaling 3,970 square feet situated on a 0.43-acre lot at a high-visibility stoplight corner on Nolensville Pike in Nashville, Tennessee (zip code 37211). The property includes two buildings: a 1,450-square-foot single-story office building at 3700 Nolensville Pike, suitable for renovation to meet diverse needs

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7374
    Latitude
    36.0955

    Comparable in this City

    • Value Estimation by Request
      22,988 SF

      5821 Nolensville Park

      Individual retail properties
      5821 Nolensville Park, Nashville, TN 37211
      View Details
    • Value Estimation by Request
      5,632 SF

      4661 Nolensville Pike

      FINANCIAL BUILDING
      4661 Nolensville Pike, Nashville, TN 37211-5205
      View Details
    • Value Estimation
      $510,000
      6,039 SF

      47 Thompson Ln

      FINANCIAL BUILDING
      47 Thompson Ln, Nashville, TN 37211-2513
      View Details
    • Value Estimation
      $4,425,000
      3,482 SF

      5750 Nolensville Pike

      FINANCIAL BUILDING
      5750 Nolensville Pike, Nashville, TN 37211-6493
      View Details
    • Value Estimation
      $505,000
      5,760 SF

      2511 Nolensville Pike

      FINANCIAL BUILDING
      2511 Nolensville Pike, Nashville, TN 37211-2210
      View Details
    • Value Estimation
      $530,000
      6,412 SF

      4310 Nolensville Pike

      FINANCIAL BUILDING
      4310 Nolensville Pike, Nashville, TN 37211-4719
      View Details

    Similar Nearby for Sale

    • $420,000
      1,065 SF

      Lenox Village Commercial Property

      Commercial property with fenced patio, suitable for various businesses.
      7009 Lenox Village Dr, Nashville, TN 37211
      View Details
    • Contact for pricing
      3,820 SF

      Retail Space with High Visibility

      Renovated retail space with ample parking and excellent visibility.
      620 Brentwood East Dr, Nashville, TN 37211
      View Details
    • Contact for pricing
      3,061 SF

      Highway 100 Retail Investment

      NNN leased Zaxby's with strong sales and rental income.
      5228 Nolensville Pike, Nashville, TN 37211
      View Details
    • $1,590,000
      1,955 SF

      Renovated Commercial Building in Nashville

      Versatile commercial building ideal for various business uses.
      2839 Logan St, Nashville, TN 37211
      View Details
    • Contact for pricing
      32,900 SF

      Retail Shops at Plaza Mariachi

      32,900 SF retail shops near Plaza Mariachi for sale.
      3943-3961 Nolensville Pike, Nashville, TN 37211
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Pad Site For Lease

      2,400 SF retail pad site available for ground lease.
      5771 Nolensville Pike, Nashville, TN 37211
      View Details
    • Contact for pricing
      938 SF

      Retail Space in Lenox Village

      Retail space in a vibrant community with excellent visibility.
      102 Nolensville Park, Nashville, TN 37211
      View Details
    • Contact for pricing
      1,229 SF

      Nashville Retail Space For Rent

      Open retail space with access to Nashville and Williamson County.
      5714 Edmondson Pke, Nashville, TN 37211
      View Details
    • Contact for pricing
      13,500 SF

      Retail Space on Nolensville Pike

      13,500 SF retail building on 2.72-acre outparcel.
      5429 Nolensville Pike, Nashville, TN 37211
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space Next to Kroger

      4,000 SF retail space available Summer 2020.
      5713 Edmondson Pike, Nashville, TN 37211
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3700 Nolensville Park
    Nashville, TN 37211
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3700 Nolensville Park, Nashville, TN, 37211
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!