3040 Sidco DrNashville, TN 37204

  • Office properties
  • 3,812 SF
For Sale

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
3040 Sidco Dr, Nashville, Tennessee

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

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
$291,090
$860,400
$8,085,200
$8,945,600
-
$2,151,000
$20,213,000
$22,364,000

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