3040 Sidco DrNashville, TN 37204
- Office properties
- 3,812 SF
Property Details for 3040 Sidco Dr
- Year built
- 1959
- Lot size
- 7.17 AC
- Property size (Sq ft)
- 3,812 SF
- Zone code
- IR
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 132-04-0-010-00
- APU
- 13204001000
Description
This exceptional 170,569 square foot retail property, situated on a 7.22-acre lot in Nashville, TN, presents a unique value-add investment opportunity. Built in 1958 and extensively renovated in 2021, the property features a single, two-story building with a rare wide-open layout, perfect for flexible customization. Boasting 28+ foot ceilings in several areas and ample parking (712 spaces), this property offers significant potential for a variety of retail uses, including entertainment, fitness, and food establishments. The vacant space allows a new owner to create a truly unique retail destination. Conveniently located less than 10 minutes south of downtown Nashville, with easy access to major interstates I-65, I-40, and I-440, this location provides excellent regional accessibility, serving both Nashville and its surrounding suburbs. The property's Davidson County address (3040 Sidco Dr, zip code 37204) and its substantial size make it an ideal canvas for a large-scale retail development. The property's APN is 13-20-40-01000. This is a chance to capitalize on Nashville's thriving market and create a landmark retail space.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $658,531
- 6.5%
- $607,875
- 7%
- $564,455
-
Comparable approach
- Method
- Valuation
- Relative Method
- $328,137
- Geo Method
- $328,137
-
Alternative Use
- Use
- Valuation
- Residential
- $753,765
- Hospitality
- $690,444
- Educational
- $574,442
- Medical
- $594,198
- Retail
- $893,576
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.0985
- Longitude
- -86.7554
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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