Property profile

2624 Music Valley Dr Nashville, TN 37214

FOR SALE
Turn key restaurants
Property ID
US80-1046070
17,017 SF 2.97 ac lot Built 1984
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 17,017-square-foot retail property, located at 2624 Music Valley Drive in Nashville, Tennessee, presents a unique investment opportunity. Situated on a 2.97-acre lot, the property boasts ample parking with 160 spaces and is zoned CA - Commercial Attraction. Its prime location offers unparalleled access to major transportation arteries, being just four miles north of I-40 and five miles south of I-65. The property's proximity to Nashville International Airport (BNA), a rapidly expanding hub with over 99 nonstop flights, including international destinations, further enhances its appeal. Benefit from the high traffic generated by nearby attractions such as the Opryland Resort (featuring over 750,000 square feet of meeting space and nearly 2,900 guest rooms) and the Nashville Koa Resort. The property is also surrounded by a vibrant retail landscape, including established brands like Bass Pro Shops, H&M, Regal Cinemas, Dave & Buster's, Nike Factory Store, Old Navy, Madame Tussaud's Wax Museum, Olive Garden, and Rainforest Cafe. The property's versatile zoning allows for a variety of uses, including restaurants, hospitality ventures, entertainment facilities, recreational activities, and RV/boat storage. This is an exceptional opportunity to acquire a high-visibility retail space in one of Nashville's most dynamic and rapidly growing areas. The property's size, location, and zoning make it an ideal investment for a wide range of commercial enterprises. The zip code is 37214.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Construction FRAME
Total area 17,017 SF
Lot 2.97 ac (129,373 SF)
Zoning code CA
APN 062-00-0-143-00
UPID US80-1046070

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
  • Restaurant

Location

2624 Music Valley Dr Nashville, TN 37214
Nashville metro Census 15300 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2012
Price N/A

Zoning & alternative use

CA · Nashville, TN
Zoning description

CA, Commercial Attraction District. The CA district provides a diverse range of amusement and recreational uses in association with overnight accommodations and a variety of retail and support services typically affiliat…

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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