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Property profile & analytics
OFF-MARKET Estimated value $720,000
Drive through restaurants

1717 Charlotte Ave Nashville, TN 37203-2907

2,598 SF 0.8 ac lot Built 1986
Entity Owned 8-yr Hold Free & Clear
Property ID
US80-1869890
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1986
Total area 2,598 SF
Lot 0.8 ac (34,848 SF)
Zoning code MUG-A
APN 092-12-0-030-00
UPID US80-1869890
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
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$880k
Blend (final) Blend
$720k
Owner & transaction history
Ri Ck2 LLC · 8 yrs held
Ri Ck2 LLC
since 2018
3 recorded transactions
2018
$1.2M
2002
$615,803
2002
$31,127
Zoning & alternative use
MUG-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Historic Eligibility. Only a nonresidential structure in the MUL, MUL-A, MUG, MUG-A, 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 ago, and is being preserved with no additions, deletion…

Zone name Mixed Use General Alternative
General category MIXED_USE
Zone area 378.46 ac
Source Zoning Ordinance
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