Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6121 Nolensville Park Nashville, TN 37211
    Property profile & analytics

    6121 Nolensville Park Nashville, TN 37211

    View on Map
    • Retail properties & Spaces
    • 0.91 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 6121 Nolensville Park

    Lot size
    0.91 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional 0.91-acre commercial property, located at 6121 Nolensville Pike in Nashville, Tennessee (zip code 37211), presents a unique investment opportunity. Currently zoned MUL-1, this land offers prime frontage on Nolensville Pike, boasting impressive daily traffic counts of 26,761 vehicles. The property is suitable for a variety of commercial uses, including office, retail, or other permitted developments. All utilities are conveniently located on-site, simplifying development plans. This outparcel is available for sale, ground lease, or build-to-suit options, making it adaptable to various business needs. Its location adjacent to a newly constructed national childcare center further enhances its appeal and potential for success. The asking price for this strategically positioned land is $1,300,000. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a rapidly growing area of Nashville. Davidson County's thriving economy and strong demographics make this a compelling investment prospect.

    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
    -86.7129
    Latitude
    36.0225

    Comparable in this City

    • Value Estimation by Request
      31,920 SF

      5702 Nolensville Park

      Office properties & Spaces • 31,920 SF
      5702 Nolensville Park, Nashville, TN 37211
      View Details
    • Value Estimation by Request
      1,000 SF

      4015 Travis Dr

      Retail properties & Spaces • 1,000 SF
      4015 Travis Dr, Nashville, TN 37211
      View Details
    • Value Estimation by Request

      2251 Winford Ave

      Multifamily properties
      2251 Winford Ave, Nashville, TN 37211
      View Details
    • Value Estimation by Request
      10.60 Acres

      1580 Bell Rd

      Land • 10.60 Acres
      1580 Bell Rd, Nashville, TN 37211
      View Details
    • Value Estimation by Request
      0.52 Acres

      2215 Nolensville Park

      Land • 0.52 Acres
      2215 Nolensville Park, Nashville, TN 37211
      View Details
    • Value Estimation by Request
      2.00 Acres

      Nolensville Pike

      Land • 2.00 Acres
      0 Nolensville Pike, Nashville, TN 37211
      View Details

    Similar Nearby for Sale

    • $450,000
      1,120 SF

      Turnkey Recording Studio – Double Unit Commercial Space (1,120 SF) Units A1 and A2

      Turnkey Recording Studio – Double Unit Commercial Space (1,120 SF) Units A1 and A2
      5722 Hickory Plz, Nashville, TN 37211
      View Details
    • $817,000
      874 SF

      Prime Opportunity in Nashville’s Thriving Market

      Prime Opportunity in Nashville’s Thriving Market
      94 Thompson Ln, 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
    • $3,900,000
      4.75 Acres

      Fabulous 4.75 AC Corner Lot For Sale

      Fabulous 4.75 AC Corner Lot For Sale
      5976 Edmondson Pike, Nashville, TN 37211
      View Details
    • $3,000,000
      Pending

      Land for Sale Nashville

      Land available in Nashville, Tennessee.
      6459 Holt Rd, Nashville, TN 37211
      View Details
    • $4,100,000

      Land Ready for Development

      Large land tract available in Southern Hills/Nolensville Rd area.
      4306 Goins Rd, Nashville, TN 37211
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      1,679 SF

      1,679 SF Office Space For Lease

      1,679 SF Office Space For Lease
      3343 Perimeter Hill Dr, Nashville, TN 37211
      View Details
    • $2,850 /Mo
      1,900 SF

      1,900 SF Office Space For Lease

      1,900 SF Office Space For Lease
      392 Harding Pl, Nashville, TN 37211
      View Details
    • $5,600 /Mo
      5,000 SF

      Rear Portion of COIT CARPET CLEANING Building For Lease

      Rear Portion of COIT CARPET CLEANING Building For Lease
      1184 Antioch Pike, Nashville, TN 37211
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space available for lease in Nashville, Tennessee.
      397 Wallace Rd, Nashville, TN 37211
      View Details
    • $2,950 /Mo
      2,150 SF

      2nd Floor with 7 Office Spaces For Lease

      2nd Floor with 7 Office Spaces For Lease
      99 Thompson Ln, Nashville, TN 37211
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 3354 Perimeter Hill Dr.
      3354 Perimeter Hill Dr, 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.
    6121 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
    6121 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!