You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,515,000
Strip malls

501 Gallatin Ave Nashville, TN 37206-3222

1,518 SF 0.29 ac lot Built 1950
Entity Owned 4-yr Hold Free & Clear
Property ID
US80-1407073
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1950
Total area 1,518 SF
Lot 0.29 ac (12,632 SF)
Zoning code MUG-A
APN 083-05-0-228-00
UPID US80-1407073
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
  • The Gambling Stick Restaurant
  • The Bloomy Rind Bakery Specialty Food Shop
  • Porter Road Butcher Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$909k
Blend (final) Blend
$1.52M
Owner & transaction history
Condit Properties LLC · 4 yrs held
Condit Properties LLC
since 2022
Last sale
$1.9M
3 recorded transactions
2022
$1.9M
2016
Price N/A
2016
$495,000
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
Top alternative use upside
Auto repair, garage $920,000 +62.0%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 501 Gallatin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message