Current Use by Public Records
- Office Spaces
Property Details for 5424 Clarksville Pike
- Year built
- 1960
- Lot size
- 28.49 lot acres
- Property type
- Office Spaces
- Property subtype
- Mixed-use properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.8722
- Latitude
- 36.2785
