Property profile

407 Spence Ln Nashville, TN 37210

OFF-MARKET
Commercial land
Property ID
US80-3355511
0.95 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.95 ac (41,382 SF)
Zoning code IWD
APN 094-15-0-015-00
UPID US80-3355511

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
  • Electrical Service General Contractor

Location

407 Spence Ln Nashville, TN 37210-3616
Nashville metro Census 19600 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2008
3 recorded transactions
2008
$1.2M
1992
$614,416
1992
$450,000

Zoning & alternative use

IWD · Nashville, TN
Zoning description

IWD, Industrial Warehousing/Distribution District. The IWD district implements those industrial policies of the general plan that provide opportunities for wholesaling, warehousing and bulk distribution uses. This distri…

General category INDUSTRIAL

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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