202 11Th StNashville, TN 37206

For Lease
  • Office buildings
  • 2,294 SF

Property Details for 202 11Th St

Year built
1923
Lot size
0.21 AC
Property size (Sq ft)
2,294 SF
Zone code
MULTI-ZONE
Property type
Office buildings
APN
083-09-0-230-00
APU
8309023000

Description

This charming 1,997 square foot freestanding building, situated in Nashville's desirable Five Points neighborhood at 202 S 11th St, presents a unique opportunity. Built in 1923 and renovated in 2020, this Class B property offers a versatile floor plan ideal for various office uses, including traditional, executive, coworking, creative, or medical. The single-tenant building features four individual offices, one large entry room, two spacious meeting rooms, a full kitchen, and 1.5 bathrooms. High ceilings (8'9" downstairs, 8' upstairs) add to the spacious feel. Natural light floods the inviting main room with its attractive wood floors. Each office includes windows, ceiling fans, and storage closets. The property also boasts immaculate curb appeal, a large inviting front porch facing S 11th Street, and a private rear courtyard. Located on a 0.21-acre lot, this two-story building is part of a vibrant community, offering walkable access to numerous restaurants and retail shops. The zoning is MUL-A. The total building square footage is 1,738 square feet, with 1,738 square feet currently vacant. This exceptional property combines historic charm with modern functionality in a highly sought-after location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $396,293
    6.5%
    $365,809
    7%
    $339,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $197,468
    Geo Method
    $197,468
  • Alternative Use

    Use
    Valuation
    Residential
    $453,603
    Hospitality
    $415,498
    Educational
    $345,690
    Medical
    $357,578
    Retail
    $537,739
202 11Th St, Nashville, Tennessee
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Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1755
Longitude
-86.7506
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,948
$286,400
$111,520
$397,920
-
$716,000
$278,800
$994,800

FAQs

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