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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Motels

3230 Clarksville Pike Nashville, TN 37218-2812

7,971 SF 0.41 ac lot Built 1950
Entity Owned 4-yr Hold Free & Clear
Property ID
US80-1484780
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1950
Total area 7,971 SF
Lot 0.41 ac (17,860 SF)
Zoning code CL
APN 070-13-0-043-00
UPID US80-1484780
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
  • Bordeaux Motel Hotel & Motel
  • The AVE Travel Agency Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.71M
Blend (final) Blend
$1.45M
Owner & transaction history
The Ave Nashville LLC · 4 yrs held
The Ave Nashville LLC
since 2021
Last sale
$1.4M
3 recorded transactions
2023
Price N/A
2021
$1.4M
2018
Price N/A
Zoning & alternative use
CL · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CL, Commercial Limited District. The CL district is designed to provide for a limited range of commercial uses primarily concerned with retail trade and consumer services, general and fast food restaurants, financial institutions, administrative and consulting offices. This district may be used in areas policied for concentrations of mixed commercial develop…

Zone name Commercial Limited
General category COMMERCIAL
Zone area 1,696.58 ac
Source Zoning Ordinance
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