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Property profile & analytics
OFF-MARKET Estimated value $175,000
Parking lots & garages

324 21st N Ave Nashville, TN 37203

3,826 SF 0.4 ac lot Built 1978
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1020568
Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1978
Construction FRAME
Total area 3,826 SF
Lot 0.4 ac (17,424 SF)
Zoning code MUG-A
APN 092-11-0-326-00
UPID US80-1020568
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k
Owner & transaction history
Ffmc Support Organization · 6 yrs held
Ffmc Support Organization
since 2019
4 recorded transactions
2019
$1.5M
2019
Price N/A
2001
$194,000
1991
$425,000
Zoning & alternative use
MUG-A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 determined the structure is worthy of conservation, was constructed more than fifty years ago, and is being preserved with no additions, deletion…

Zone name Mixed Use General Alternative
General category MIXED_USE
Zone area 378.46 ac
Source Zoning Ordinance
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