Property profile

3051 Lebanon Pike Nashville, TN 37214

OFF-MARKET
Individual retail properties
Property ID
US80-0580945
36,273 SF 2.4 ac lot Built 2004
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 2004
Total area 36,273 SF
Lot 2.4 ac (104,544 SF)
Zoning code MUL
APN 085-00-0-052-00
UPID US80-0580945

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
  • Gym & Fitness Center
  • Gym & Fitness Center

Location

3051 Lebanon Pike Nashville, TN 37214-2229
Nashville metro Census 15501 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.76M

Owner & transaction history

since 2023
Last sale
$6.4M
6 recorded transactions
2023
$6.4M
2022
Price N/A
2020
Price N/A
2003
$280,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MUL · Nashville, TN
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 deter…

General category MIXED_USE

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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