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Property profile & analytics
OFF-MARKET
Warehouses

1455 Neelys Bnd Rd Madison, TN 37115-5607

2,268 SF 0.47 ac lot Built 1953
Individually Owned 8-yr Hold Free & Clear
Property ID
US80-0855600
Property summary
AI-generated overview

This exceptional commercial property, located at 1455 Neelys Bend Rd, Nashville, TN 37115, offers a 2,268 square foot concrete block structure situated on a fully paved 0.47-acre lot. The property boasts 57 feet of road frontage with full ingress/egress, ensuring convenient accessibility. Three open-air loading docks facilitate efficient loading and unloading operations, complemented by ample on-site parking for staff and customers. Water and electric services are readily available. Zoned Commercial Neighborhood (CN), this versatile space is ideal for a variety of commercial uses, including convenience stores, storefronts, and traditional offices. The property's solid concrete block construction provides a durable and reliable foundation for any business. Its ample lot size offers extensive space for operations and expansion. The asking price is $525,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Nashville market.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1953
Total area 2,268 SF
Lot 0.47 ac (20,473 SF)
Zoning code MULTI-ZONE
APN 063-01-0-019-00
UPID US80-0855600
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Layman Lessons Chruch & Welcom · 8 yrs held
Layman Lessons Chruch & Welcom
since 2018
5 recorded transactions
2018
Price N/A
2017
Price N/A
1995
$67,500
1995
$67,500
1969
Price N/A
Zoning & alternative use
MULTI-ZONE · Madison, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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