Technical
Financial
Distress signals
Property profile

500 11th N Ave Nashville, TN 37203

OFF-MARKET
Office buildings
Property ID
US80-2734798
340,131 SF 4.26 ac lot Built 2019
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a mixed-use development totaling 28,294 square feet, comprising 1,100,000 square feet of office space, 130,000 square feet of specialty retail and restaurants, and a 169-room Hampton Inn & Suites. It includes 378 multi-family apartment units and is supported by a 5-acre urban activity park and community space featuring a dog park, playground, yoga lawn, sand volleyball courts, and jogging and bike trails that connect to the Nashville Greenway system. The office component has tenants including the Nashville Chamber of Commerce, NTT, the Nashville Convention and Visitors Corporation, and HCA Healthcare subsidiaries HealthTrust, Parallon, and Sarah Cannon, along with other businesses.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2019
Total area 340,131 SF
Lot 4.26 ac (185,566 SF)
Zoning code DTC
APN 093-01-0-097-00
UPID US80-2734798

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
  • Business Service Center Advocacy Group
  • Law Firm
  • Corporate Office Business Park
  • Travel Agency
  • Law Firm

Location

500 11th N Ave Nashville, TN 37203-3362
Nashville metro Census 19401 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$43.56M

Owner & transaction history

since 2017
7 recorded transactions
2022
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
2007
$685,000
2007
Price N/A
1969
Price N/A

Zoning & alternative use

DTC · Nashville, TN
Zoning description

DTC, Downtown Code District. The DTC district is designed for a broad range of residential and non-residential activities associated with an economically healthy, socially vibrant, and sustainable Downtown. Included amon…

General category COMMERCIAL

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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