Property profile

5424 Clarksville Pike Nashville, TN 37189

OFF-MARKET
Office Spaces
8,350 SF 28.49 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 28.49-acre commercial property in Nashville, TN, presents a unique investment or owner-user opportunity. Located at 5424 Clarksville Pike, 37189, the property boasts an 8,350 square foot, single-story building constructed in 1960 and renovated in 2006. Currently housing three tenants under a NNN lease, the site offers significant income potential. The existing building allows for expansion, and the substantial vacant land offers diverse development possibilities. Zoned partially commercial, residential, and agricultural, the property is ripe for rezoning to accommodate various uses, including retail expansion, storage units, trucking facilities, multi-family dwellings, or even large estate tracts. The elevated location provides stunning city views, adding further value to the estate tract potential. The asking price is $4,000,000, translating to $479.04 per square foot. This versatile property offers a compelling investment opportunity with substantial upside potential for value-add through expansion or redevelopment. The property's flexibility and prime location make it an attractive proposition for a wide range of buyers.

Property profile

Verified
Property type Office Spaces
Year built 1960
Total area 8,350 SF
Lot 28.49 ac (1,241,024 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5424 Clarksville Pike Nashville, TN 37189
Nashville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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