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Property profile & analytics
OFF-MARKET Estimated value $2,855,000
Truck terminals

1227 Fesslers Ln Nashville, TN 37210-4626

7,384 SF 2.6 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-1521039
Property summary
AI-generated overview

This exceptional industrial warehouse property, located at 1227 Fesslers Ln, Nashville, TN 37210, presents a significant opportunity. Situated on a 2.78-acre lot (2.6 acres usable), this single-tenant building offers 7,600 square feet of warehouse space. Built in 1960, the structure features a durable brick and metal exterior. The warehouse boasts a 12-foot clear height, providing ample space for storage and operations. Accessibility is enhanced by 25 dock doors, streamlining loading and unloading processes. The property is well-secured with an electric fence and is mostly paved for easy maneuverability. Additional features include ample lighting throughout the property. The property is zoned IR and is available for occupancy on June 1st, 2024. Its convenient location in the ICBD submarket, at the cross streets of Fesslers Ln and Polk Ave, offers excellent access to major transportation routes and key business districts within Nashville. This property is ideal for a variety of industrial uses and represents a compelling investment opportunity in a thriving market.

Property profile
Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1960
Total area 7,384 SF
Lot 2.6 ac (113,256 SF)
Zoning code IR
APN 106-09-0-052-00
UPID US80-1521039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ryder Used Truck Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.86M
Owner & transaction history
Commodore Partners LLC · 3 yrs held
Commodore Partners LLC
since 2023
Last sale
$3.1M
7 recorded transactions
2023
$3.1M
2021
Price N/A
2004
Price N/A
1996
$94,915
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IR · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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