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Property profile & analytics
OFF-MARKET Estimated value $765,000
Warehouses

5010 Michigan Ave Nashville, TN 37209-2228

1,800 SF 0.17 ac lot Built 1992
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-3468686
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1992
Total area 1,800 SF
Lot 0.17 ac (7,405 SF)
Zoning code CS
APN 091-07-0-280-00
UPID US80-3468686
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
  • Ausden Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$604k
Blend (final) Blend
$765k
Owner & transaction history
Chris Koehner · 2 yrs held
Chris Koehner
since 2023
Last sale
$765,000
6 recorded transactions
2023
$765,000
2015
$204,000
2010
$81,193
2006
$85,000
2005
$85,000
1991
$29,500
Zoning & alternative use
CS · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Commercial Service
General category COMMERCIAL
Zone area 6,265.45 ac
Source Zoning Ordinance
Top alternative use upside
Auto repair, garage $1.1M +150.6%
Retail stores $830,000 +91.1%
Office building $725,000 +67.0%
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