Property profile

2803 12th S Ave Nashville, TN 37204

OFF-MARKET
Parking lots & garages
Property ID
US80-0920733
27,528 SF 0.89 ac lot Built 1950
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1950
Total area 27,528 SF
Lot 0.89 ac (38,768 SF)
Zoning code CS
APN 118-01-0-065-00
UPID US80-0920733

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
  • (Bike/Boat/Book/etc) Store
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Resort
  • Production Facility
  • Parking Lot & Garage

Location

2803 12th S Ave Nashville, TN 37204-2660
Nashville metro Census 16900 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.95M
Blend (final) Blend
$11.56M

Owner & transaction history

since 2021
Last sale
$10.6M
1 recorded transaction
2021
$10.6M

Zoning & alternative use

CS · Nashville, TN
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 custo…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $16.7M +5.2%

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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