Financial
Distress signals
Property profile

707 Spence Ln Nashville, TN 37217

OFF-MARKET
Other industrial properties
Property ID
US80-1107574
38,880 SF 9.86 ac lot Built 1960
Last sale Dec 2021 · $20,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Industrial building offering approximately 36,000 to 100,000 square feet, configured with 6 dock doors and 2 drive-in doors. Clear heights range from about 22 to 36 feet, and the warehouse floor is reinforced with approximately 8 to 12 inches of concrete. The facility is equipped with an ESFR sprinkler system and is crane-serviced. The building includes roughly 6,854 square feet of office space and is supported by ample on-site parking. The property is located less than one mile from I-24/40

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$88k
Tax billed · 2023
Assessed value$2.69M
Assessed land$687k
Assessed improvement$2.01M
Effective rate3.25%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IR
IR, Industrial Restrictive District. The IR district implements those industrial policies of the general plan that provide adequate oppor...
General categoryINDUSTRIAL
JurisdictionDAVIDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Law Firm11.9
Dental Office10.7

Location

707 Spence Ln Nashville, TN 37217-1143
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
322 Wilhagan, Nashville, TN 37217-1146 $2,850,000 Dec 2025 19,352 SF
336 Wilhagan, Nashville, TN 37217-1123 $1,375,000 Mar 2025 8,480 SF
313 Wilhagan, Nashville, TN 37217-1145 $650,000 May 2024 21,504 SF
902 Murfreesboro, Nashville, TN 37217-1502 $1,475,000 Jan 2023 11,220 SF
110 Airpark E, Nashville, TN 37217-5734 $21,819,596 Apr 2022 67,625 SF
325 Wilhagan, Nashville, TN 37217-1145 $1,327,500 Dec 2021 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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