2381 Elm Hill Pike Nashville, TN 37214
Property Lookup
Property profile & analytics
2381 Elm Hill Pike Nashville, TN 37214
- Drive through restaurants
- 3,032 SF
- 1.97 lot acres
Property ID
US80-0280021
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dutch Bros Coffee / Cafe & Coffee Shop
Property Details for 2381 Elm Hill Pike
- Year built
- 2000
- Lot size
- 1.97 lot acres
- Property size
- 3,032 SF
- Zone code
- CL
- Property type
- Drive through restaurants
- APN
- 095-15-0-007-00
- APU
- 9515000700
Description
This exceptional investment opportunity presents a 950-square-foot Dutch Bros. Coffee location in Nashville, Tennessee. The property, built in 2024, sits on a 1.97-acre lot and boasts a new 15-year net lease with a corporate guarantee. The lease includes three 5-year renewal options, each with a 10% rent increase, ensuring consistent income growth and inflation protection. The property features a drive-thru, 16 parking spaces, and enjoys excellent visibility at a signalized intersection on Elm Hill Pike. This high-traffic area benefits from proximity to Nashville International Airport and a strong concentration of national retailers, including Publix, AutoZone, Walgreens, Target, Kroger, and Harbor Freight Tools. The location is also supported by a dense residential population, with over 146,300 residents and 121,200 daytime employees within a 5-mile radius, boasting an average household income of $87,283. The property's strong tenant, favorable lease terms, and prime location make it an ideal, low-management investment with a 5.00% cap rate and a current NOI of $119,000. The asking price is $2,380,000, representing a price per square foot of $2,505.26 and a land value of $125.26 per square foot. The property is zoned for commercial limited use and has a parcel number of 095-15-0-007-00. This is a rare opportunity to acquire a high-performing, passively managed investment in a thriving Nashville market. The property offers significant upside potential due to the strong tenant, long-term lease, and strategic location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,680,000
- ML approach
- $2,795,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,369,000
Market price range: $675k - $2.37M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,495,000 Current use
- AUTO REPAIR, GARAGE
- $1,840,000 Change: +23% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,520,000 Change: +2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.6845
- Latitude
- 36.1527
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,719
$370,720
$511,840
$882,560
-
$926,800
$1,279,600
$2,206,400
