2960 Foster Creighton DrNashville, TN 37204

  • Office properties
  • 47,130 SF
For Lease

Property Details for 2960 Foster Creighton Dr

Year built
1964
Lot size
2.06 AC
Property size (Sq ft)
47,130 SF
Zone code
IR
Property type
Office properties
Property subtype
Office buildings
APN
118-16-0-053-00
APU
11816005300

Description

This exceptional 45,885 square foot multi-tenant property located at 2960 Foster Creighton Drive in Nashville, Tennessee, offers a unique blend of executive office and warehouse/distribution space. Currently, 13,500 square feet of space is immediately available for lease. The building boasts a 12-foot ceiling height, ideal for various industrial uses, and includes one dock-high door for efficient loading and unloading. Situated in Davidson County, this property provides easy access to major transportation routes, making it an excellent choice for businesses requiring both office and warehouse functionality. The property type is classified as Office and Industrial, with sub-types including Executive Office, Warehouse, and Distribution, catering to a diverse range of potential tenants. The available space presents a significant opportunity for businesses seeking a strategic location in Nashville's thriving commercial market. The address is 2960 Foster Creighton Drive, Nashville, TN 37204. This is a multi-tenant building, offering flexibility and potential for collaboration with other businesses. The ample square footage and convenient location make this property a highly desirable option.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,141,805
    6.5%
    $7,515,512
    7%
    $6,978,690
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,056,950
    Geo Method
    $4,056,950
  • Alternative Use

    Use
    Valuation
    Residential
    $9,319,235
    Hospitality
    $8,536,369
    Educational
    $7,102,159
    Medical
    $7,346,414
    Retail
    $11,047,803
2960 Foster Creighton Dr, Nashville, Tennessee
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Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1057
Longitude
-86.7537
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
$89,118
$538,400
$2,200,320
$2,738,720
-
$1,346,000
$5,500,800
$6,846,800

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