5246 Murfreesboro Rd La Vergne, TN 37086-2714
- Investment properties
- 5,096 SF
- 0.61 lot acres
Current Use by Public Records
- Viva Coin Laundromat / Laundromat
Property Details for 5246 Murfreesboro Rd
- Year built
- 2021
- Construction
- FRAME
- Lot size
- 0.61 lot acres
- Property size
- 5,096 SF
- Zone code
- C-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 015M-C-010.00-000
- APU
- 015MC01000000
Description
This exceptional 2,150 square foot commercial property, located at 5246 Murfreesboro Road in La Vergne, Tennessee, presents a fantastic leasing opportunity. The single-tenant space is classified as a Class B building and features a convenient single-story design, ideal for a variety of businesses. Its versatile zoning, designated for both office and retail uses, allows for considerable flexibility in tenant operations. The property is perfectly suited for traditional office use, coworking spaces, or medical offices, offering a great location for businesses seeking high visibility and accessibility. The asking lease rate is $30 per square foot, with a common area maintenance (CAM) charge of $3.00 per square foot. Lease terms are negotiable, providing flexibility to accommodate individual business needs. The building's prime location makes it an attractive option for businesses seeking a strong presence in a thriving commercial area. This property offers a blend of functionality and location, making it an excellent investment for any business seeking a well-situated and adaptable space. Interested parties are encouraged to inquire about lease terms and availability. The property's size and zoning make it suitable for a range of businesses, from small startups to established companies. The building's single-story design offers easy accessibility and efficient use of space. The competitive lease rate and negotiable terms make this a compelling opportunity for businesses seeking a cost-effective and adaptable workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $295,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $310,000
- Mixed-Use
- $305,000
- Hospitality
- $255,000
- Educational
- $270,000
- Residential Income
- $280,000
- Energy
- $300,000
- Income-Based Land
- $275,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- La Vergne
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.5692
- Latitude
- 36.0178
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
