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Property profile & analytics
OFF-MARKET
Gas stations

5 Lafayette St Nashville, TN 37210-3409

1,484 SF 0.27 ac lot Built 1960
Individually Owned 34-yr Hold Free & Clear
Property ID
US80-0684598
Property summary
AI-generated overview

This exceptional mixed-use property, situated at 5 Lafayette Street in the vibrant heart of Nashville, Tennessee, presents a compelling investment opportunity. Boasting 1,484 square feet on a 0.27-acre lot, this property enjoys a highly desirable location, offering immediate access to the bustling energy of downtown Nashville. Its proximity to the Music City Center and other key downtown attractions ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The property is being sold "as is," providing the buyer with the flexibility to customize and develop the space to perfectly suit their business needs. The asking price is $2,999,999. Given its prime location and substantial square footage, this property represents a rare chance to acquire a significant commercial asset in one of Nashville's most sought-after areas. The property's central location offers unparalleled convenience and accessibility, placing it within easy reach of a diverse range of businesses, residential areas, and entertainment venues. This makes it an attractive proposition for entrepreneurs and investors seeking a strong foothold in the thriving Nashville commercial market. The 0.27-acre lot provides ample space for potential expansion or outdoor amenities, further enhancing its value and versatility. Serious inquiries are encouraged to explore this unique opportunity.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1960
Total area 1,484 SF
Lot 0.27 ac (11,761 SF)
Zoning code CF
APN 093-15-0-314-00
UPID US80-0684598
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
  • Adams tire shop & auto Auto Repair Shop
  • Brakes Zone Complete Car Care Auto Repair Shop
  • RM Auto Repair Auto Repair Shop
  • S Nash Auto Repair LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Black Ernest M · 34 yrs held
Black Ernest M
since 1992
1 recorded transaction
1992
$112,881
Zoning & alternative use
CF · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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