Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    601 4th S Ave Nashville, TN 37210-2019

    • Specialty properties
    • 22,050 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimations
    $1,005,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1337262
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sixth Avenue Skatepark / Sports Field & Court
    • Rocketown & Sixth Avenue Skatepark / Sports Field & Court
    • Skateboard Parks & Rinks / Park / Skateboard Park
    • parkingmgt.com / Parking Lot & Garage
    • Rocketown / Music Venue / Bar & Pub

    Property Details for 601 4th S Ave

    Year built
    1969
    Lot size
    1.22 lot acres
    Property size
    22,050 SF
    Zone code
    DTC
    Property type
    Specialty properties
    APN
    093-10-0-381-00
    APU
    9310038100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7731
    Latitude
    36.1541
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,362
    $510,048
    $23,506
    $533,554
    -
    $8,500,800
    $392,000
    $8,892,800

    Comparable in this City

    • Value Estimation
      $3,830,000
      1,000 SF

      1250 3rd S Ave

      CHARITABLE ORGANIZATION • 1,000 SF
      1250 3rd S Ave, Nashville, TN 37210
      View Details
    • Value Estimation
      $9,795,000
      12,463 SF

      1420 3rd S Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 12,463 SF
      1420 3rd S Ave, Nashville, TN 37210-4117
      View Details
    • Value Estimation by Request
      2,436 SF

      111 Whitsett Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,436 SF
      111 Whitsett Rd, Nashville, TN 37210-5302
      View Details
    • Value Estimation by Request
      3,838 SF

      45 Rutledge St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,838 SF
      45 Rutledge St, Nashville, TN 37210-2042
      View Details
    • Value Estimation
      $46,165,000
      5,344 SF

      2131 Elm Hl Pike

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,344 SF
      2131 Elm Hl Pike, Nashville, TN 37210-3972
      View Details
    • Value Estimation by Request
      6,238 SF

      45 Lindsley Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,238 SF
      45 Lindsley Ave, Nashville, TN 37210-2038
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Unique Shipping Container Retail Space

      Flexible retail space built from shipping containers near Broadway.
      193 Little Green St, Nashville, TN 37210
      View Details
    • $799,900
      2,404 SF

      Licensed Daycare Facility For Sale

      Licensed daycare facility approved for 41 children with outdoor play.
      2003 Lebanon Pike, Nashville, TN 37210
      View Details
    • $2,490,000
      2,200 SF

      Nashville Church and Parking Lot

      Commercial property with church and parking in downtown Nashville.
      39 Lafayette St, Nashville, TN 37210
      View Details
    • $1,100,000
      4,626 SF

      Unique Office and Light Industrial Building For Sale

      Unique Office and Light Industrial Building For Sale
      711 Hill Ave, Nashville, TN 37210
      View Details
    • $4,000,000
      34,261 SF

      Nashville Warehouse - $4M

      34,261 SF Warehouse, Prime Location
      1101 Polk Ave, Nashville, TN 37210
      View Details
    • $3,150,000
      2,375 SF

      Regions Bank Building: Premier Office Suites

      Class A Office Space, Multiple Suites Available
      1535 4Th Ave, Nashville, TN 37210
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      104,331 SF

      Nashville Warehouse Space for Lease

      Prime Airport Submarket Warehouse
      710 Massman Dr, Nashville, TN 37210
      View Details
    • $11 SF/Yr
      104,331 SF

      Nashville Warehouse Space for Lease

      Airport Submarket, Infill Warehouse, Divisible
      700 Massman Dr, Nashville, TN 37210
      View Details
    • $1,900 /Mo
      914 SF

      Condominium For Lease

      Condominium For Lease
      1540 Lebanon Pike #207, Nashville, TN 37210
      View Details
    • $288 SF/Yr
      38,099 SF

      Nashville Office Space - 9,525 SF

      Prime Nashville office, single-tenant, fully renovated.
      500 Interstate Blvd, Nashville, TN 37210
      View Details
    • Contact for pricing
      1,960 SF

      Office Space with Basement Storage

      Office space featuring private offices, conference rooms, and basement storage.
      525 4Th Ave S, Nashville, TN 37210
      View Details
    • Contact for pricing
      6,935 SF

      Nashville Office Space For Rent

      Office space for rent, easy access to interstates and airport.
      750 Massman Dr, Nashville, TN 37210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    601 4th S Ave
    Nashville, TN 37210-2019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!