Property profile

1224 Meridian St Nashville, TN 37207

OFF-MARKET
Turn key restaurants
Property ID
US80-1863589
4,836 SF 0.16 ac lot Built 1959
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1959
Total area 4,836 SF
Lot 0.16 ac (6,970 SF)
Zoning code CN
APN 071-15-0-390-00
UPID US80-1863589

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
  • Take-out & Catering
  • Art Gallery
  • Tattoo & Piercing Shop
  • Hardware & Home Improvement HVAC Service
  • Restaurant

Location

1224 Meridian St Nashville, TN 37207-5765
Nashville metro Census 12600 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$577k
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

CN · Nashville, TN
Zoning description

CN, Commercial Neighborhood District. The CN district will implement the local convenience and neighborhood retail policies of the general plan. This district is designed to provide for the recurring shopping and persona…

General category COMMERCIAL

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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