Property profile

116 21st N Ave Nashville, TN 37203

OFF-MARKET
Turn key restaurants
Property ID
US80-1354879
2,054 SF 0.38 ac lot Built 1953
Entity Owned 24-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Total area 2,054 SF
Lot 0.38 ac (16,553 SF)
Zoning code MUI-A
APN 092-16-0-030-00
UPID US80-1354879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

116 21st N Ave Nashville, TN 37203-5221
Nashville metro Census 19501 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$696k
Blend (final) Blend
$620k

Owner & transaction history

since 2002
7 recorded transactions
2025
Price N/A
2017
Price N/A
2002
$775,000
2001
Price N/A
1992
$380,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MUI-A · Nashville, TN
Zoning description

MUI, and MUI-A districts can be used for a warehouse and distributive business/wholesale use. The historical commission must have determined the structure is worthy of conservation, was constructed more than fifty years…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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