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Property profile & analytics
OFF-MARKET Estimated value $550,000
Office Spaces

5120 Virginia Way Ste B11 Brentwood, TN 37027-7515

1,322 SF 0.03 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-0117897
Property summary
AI-generated overview

This exceptional 1,346 square foot Class A office space is ideally situated in the prestigious Maryland Farms business center of Brentwood, Tennessee. Located at 5120 Virginia Way, Suite B21, this single-tenant property underwent a complete renovation in 2022, boasting a contemporary design and efficient layout. The space features a dedicated conference room, three private offices, a convenient kitchenette, and a welcoming reception area. Currently configured for a graphic design business, this versatile space is well-suited for a variety of professional uses, including chiropractic or other healthcare practices, or traditional office settings. The property is a single-story building within the Paddock II complex and is zoned for commercial use. The HOA fee is $260 per month. Utilities are the responsibility of the tenant. This move-in ready office is available for occupancy on December 15th, offering a prime opportunity to establish a thriving business in a highly desirable Brentwood location. The property's address is 5120 Virginia Way, Suite B21, Brentwood, TN 37027.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,322 SF
Lot 0.03 ac (1,307 SF)
APN 094011A B 00100C007
UPID US80-0117897
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
  • Songwriters guild of America Association / Organization
  • Dr. Dennis Holmes Dental Office
  • Heidi Olson Physician
  • Dr. Haley Schmitt Dental Office
  • Haley E. Schmitt, DDS: Cosmetic and Family Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$419k
Blend (final) Blend
$550k
Owner & transaction history
Melott Holdings LLC · 3 yrs held
Melott Holdings LLC
since 2022
Last sale
$525,000
7 recorded transactions
2022
$525,000
2018
Price N/A
2018
$155,000
2017
Price N/A
2008
Price N/A
2008
Price N/A
2003
$173,200
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $760,000 +58.9%
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