Entity Owned Property summary
This exceptional investment opportunity presents a thriving bar located at 318 Wilhagan Rd, Nashville, TN 37217. The property boasts a substantial 3,902 square feet of space, all on a single story within a single building constructed in 1967. The asking price is $1,100,000, translating to a price per square foot of $281.91. The property sits on a 0.92-acre lot, offering significant potential for expansion or future development. The building's zoning is versatile, encompassing IR, OV-AIR, and OV-FLD designations. This allows for a range of potential uses and development options, subject to local regulations. The property's location in a high-traffic area of Nashville ensures consistent customer flow and strong revenue potential. The single-tenant occupancy simplifies management and provides a stable income stream. The property's strong financial performance and prime location make it an attractive investment for discerning buyers seeking a profitable venture in a vibrant market. The property's APN is 106-12-0-014-00. Serious inquiries only
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
IR, Industrial Restrictive District. The IR district implements those industrial policies of the general plan that provide adequate opportunities for a wide range of light industrial uses at a small to moderate scale. Us…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IR · Nashville, TNIR, Industrial Restrictive District. The IR district implements those industrial policies of the general plan that provide adequate opportunities for a wide range of light industrial uses at a small to moderate scale. Us…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
IR, Industrial Restrictive District. The IR district implements those industrial policies of the general plan that provide adequate opportunities for a wide range of light industrial uses at a small to moderate scale. Us…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IR in Nashville, TN.
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