Property profile

7648 Highway 70 S Nashville, TN 37221

FOR SALE
Strip malls
Property ID
US80-1957311
34,314 SF 2.3 ac lot Built 1990
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This property contains a 1,200-square-foot restaurant space with a second-generation restaurant configuration. The build-out includes multiple plumbing fixtures, including hand sinks, a three-compartment dish sink, a mop sink, and a rinse sink. Food service equipment includes a 36-foot gas range with six burners and an oven, double-stack full-size convection ovens (two total ovens), a countertop gas griddle with a dedicated equipment stand (24 in x 32.25 in x 13 in), and a water heater. The space is served by an eight-foot exhaust hood and includes supplemental storage and work surfaces such as four 72-inch tables, two 96-inch tables, and five 72-inch x 72-inch wire shelving units. The property is located on Highway 70 S in Nashville, Tennessee.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 34,314 SF
Lot 2.3 ac (100,188 SF)
Zoning code SCR
APN 142-00-0-278-00
UPID US80-1957311

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Nail Salon
  • Department Store
  • Real Estate Agency
  • Gym & Fitness Center

Location

7648 Highway 70 S Nashville, TN 37221
Nashville metro Census 18412 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.00M
Blend (final) Blend
$630k

Owner & transaction history

since 2017
3 recorded transactions
2017
$4.3M
1994
$1.5M
1989
$1.7M

Zoning & alternative use

SCR · Nashville, TN
Zoning description

SCR, Shopping Center Regional District. The SCR district will implement the super community and regional activity center policies of the general plan. This district is designed for retail and service trades catering to a…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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