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Property profile & analytics
OFF-MARKET Estimated value $595,000
Strip malls

2701 12th S Ave Nashville, TN 37204-2505

3,892 SF 0.38 ac lot Built 1969
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1406804
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1969
Total area 3,892 SF
Lot 0.38 ac (16,553 SF)
Zoning code CS
APN 118-01-0-043-00
UPID US80-1406804
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
  • 2701 12th Ave S Parking Parking Lot & Garage
  • Hearts Restaurant
  • Vuori Clothing Store
  • SP+ Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$562k
Blend (final) Blend
$595k
Owner & transaction history
Twelve South Partners LLC · 8 yrs held
Twelve South Partners LLC
since 2018
7 recorded transactions
2022
Price N/A
2019
Price N/A
2018
Price N/A
2018
$7.0M
2018
Price N/A
2015
Price N/A
1996
$230,000
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CS, Commercial Service District. The CS district is intended to provide opportunities for a diverse range of commercial uses that include retail trade and consumer services, automobile sales and repair, small scale custom assembly, restaurants, entertainment and amusement establishments, financial, consulting and administrative services. This district may be…

Zone name Commercial Service
General category COMMERCIAL
Zone area 6,265.45 ac
Source Zoning Ordinance
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