Property summary
This exceptional investment opportunity presents a 5,650 square foot flex/warehouse property situated on two parcels totaling 0.35 acres in Nashville, Tennessee's vibrant Chestnut Hill neighborhood (zip code 37210). The property, located at 1024 & 1026 3rd Ave S, is a single-story, 1992-built building with a 14-foot ceiling height, offering two office areas and an unconditioned warehouse/loft space. The property boasts four loading docks and ample parking, with access from both the front and rear (alley access). The property is zoned CS and benefits from its location within an Opportunity Zone. This area is experiencing significant development, with major projects like Wedgewood Village (1.6M sq ft mixed-use campus), 4th & McCann (20-story tower), and the New Heights District (20-acre mixed-use development) nearby. Other notable developments in the vicinity include The Finery, Emblem Park, and the Fort Negley Masterplan. The asking price is $3,400,000, translating to $601.77 per square foot. Detailed information, including a 3D walkthrough, floor plan, and ALTA survey, is available. This property presents a compelling investment opportunity in a rapidly developing area of Nashville. The sale includes both 1024 and 1026 3rd Ave S.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CS, Commercial Service District. The CS district is intended to provide opportunities for a diverse range of commercial uses that include retail trade and consumer services, automobile sales and repair, small scale custo…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CS · Nashville, TNCS, Commercial Service District. The CS district is intended to provide opportunities for a diverse range of commercial uses that include retail trade and consumer services, automobile sales and repair, small scale custo…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CS, Commercial Service District. The CS district is intended to provide opportunities for a diverse range of commercial uses that include retail trade and consumer services, automobile sales and repair, small scale custo…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CS in Nashville, TN.
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