700 Massman Dr Nashville, TN 37210
- Warehouses
- 69,240 SF
- 3.20 lot acres
Current Use by Public Records
- Warren Brothers Sash & Door / Building Materials Store / Door Supplier
Property Details for 700 Massman Dr
- Year built
- 1975
- Lot size
- 3.20 lot acres
- Property size
- 69,240 SF
- Zone code
- IR
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 095-13-0-004-00
- APU
- 9513000400
Description
This exceptional industrial property, located at 700 Massman Drive in Nashville, TN 37210, offers +/- 59,963 square feet of warehouse space, available for lease starting November 1, 2024. The building, constructed in 1975, features a robust masonry and concrete panel construction. The warehouse boasts approximately 5,250 square feet of office space, two interior dock wells with four dock-high positions on each side, one drive-in door (20'x14'9"), and one dock door (12'x15'6"). Clear heights range from 19' to 21'4", with varying column spacing (35' x 40'). The property includes 0.6 acres of outdoor storage, plus covered outdoor storage with a 15' clear height (30' x +/- 40'). The building is equipped with a 1,200-amp, 208/120-volt, 3-phase power supply, a single-ply thermoplastic membrane roof, an automatic dry pipe fire suppression system, and gas suspension heat. Parking is ample, with 41 spaces available. When leased with the adjacent 710 Massman Drive, the total space increases to approximately 104,331 square feet. This highly desirable Airport Submarket location offers divisibility, making it an ideal choice for a variety of businesses. The property's features and location make it a prime opportunity for lease in the thriving Nashville market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $13,620,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $10,880,000
- 6.5%
- $12,965,000
- 7%
- $11,565,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,695,000
- Geo Method
- $11,700,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $13,290,000
- Retail
- $10,815,000
- Mixed-Use
- $13,865,000
- Hospitality
- $10,150,000
- Educational
- $13,370,000
- Residential Income
- $11,065,000
- Energy
- $13,840,000
- Income-Based Land
- $12,900,000
- Food Service
- $11,775,000
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.7064
- Latitude
- 36.1514
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
