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Property profile & analytics
FOR SALE
Warehouses

8865 Griffith Rd Nashville, TN 37221

14,086 SF 4.76 ac lot Built 1952
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US80-1621624
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a rare chance to acquire a unique industrial property in Nashville, Tennessee. Located at 8865 Griffith Rd, Davidson County, this 4.76-acre site features two buildings totaling 10,000-20,000 square feet, with a significant portion underground. The property boasts a remarkable history, originally constructed in 1952 and renovated in 2020. The main structure includes a substantial underground bunker built with 2-foot thick concrete walls, offering unparalleled security and versatility. Currently 50% occupied, this Class C property presents a compelling investment opportunity for owner-users seeking a unique space. The above-ground area features vehicle access to second-floor warehousing with roll-up doors. The property is zoned Ar2a: Residential Agricultural, allowing for a range of adaptive reuse possibilities, including secure storage, wine warehousing, or a recording studio. The asking price is $1,350,000, representing a significant value proposition given the property's size, unique features, and redevelopment potential. The property's above-ground square footage is reflected on the tax records

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1952
Total area 14,086 SF
Lot 4.76 ac (207,346 SF)
Zoning code AR2A
APN 154-00-0-296-00
UPID US80-1621624
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.08M
Owner & transaction history
Owner Name Unavailable · 17 yrs held
Owner Name Unavailable
since 2009
3 recorded transactions
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
AR2A · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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