3405 Clarksville Pike Nashville, TN 37218-2607
This exceptional 0.18-acre commercial land parcel in Nashville, Tennessee, presents a remarkable investment opportunity. Located at 3405 Clarksville Pike, Davidson County, zip code 37218, this property boasts a highly desirable dual zoning classification of Commercial/Residential (CL), allowing for a variety of uses, including non-owner occupied short-term rentals. Its prime location offers high visibility from a major thoroughfare and stunning Cumberland River views. The property is conveniently situated and easily accessible. An adjoining property, with a separate MLS number, is also available for purchase, presenting the option of acquiring both parcels simultaneously. The asking price for this specific parcel is $1,200,000. Potential buyers are responsible for verifying all information pertinent to their purchase. Please note that the tenant currently occupying the property should not be disturbed, and showings will be scheduled outside of their business hours. This property is a rare find and offers significant potential for a savvy investor.
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Funkie Foot Hot Chicken Restaurant
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CL · Nashville, TNCL, 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 development, super community or regional scale retail concentrations, or in the vicinity of major intersections within existing arterial commercial areas. The uses in this district serve a moderately wide market area, and therefore ease of automobile access is requisite. 3. 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 custom assembly, restaurants, entertainment and amusement establishments, financial, consulting and administrative services. This district may be used in areas policied for concentrations of mixed commercial community development, at selected locations within super community retail concentrations and regional activity centers, or in the vicinity of major intersections within existing arterial commercial areas. Business establishments in the CS district often serve a wide market area, and ease of automobile access is requisite. However, it is not intended that this district permit uses which generate truck traffic other than the stocking of products. Because of the diverse nature of uses found in this district, bulk and buffering standards are designed to protect neighboring areas. 4. CA, Commercial Attraction District. The CA district provides a diverse range of amusement and recreational uses in association with overnight accommodations and a variety of retail and support services typically affiliated with the tourist industry. Bulk and parking standards are designed to reflect the high traffic generation rates commonly associated with uses found in this district. The CA district may be appropriate for selected areas policied for a regional activity center, or for concentrations of mixed commercial development. This district also may have limited application within super community scale retail concentrations, and in the vicinity of major intersections within existing arterial commercial areas. 5. CF, Core Frame District. The CF district is intended to implement the general plan's central business district land use policies for support services.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
