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Property profile & analytics
OFF-MARKET
Churches & religious facilities

937 Allen Rd Nashville, TN 37214

9,600 SF 2.65 ac lot
Property ID
US80-0893662
Property summary
AI-generated overview

This exceptional mixed-use property in Nashville, TN, presents a compelling redevelopment opportunity. Encompassing two buildings situated on a substantial 2.65-acre lot, this offering includes a 9,600-11,400 square foot multi-story brick building and a separate 1,800 square foot brick house with an attached garage. Currently utilized as a church with multiple classrooms, large open rooms, restrooms, and a commercial kitchen, the property offers significant versatility. The two parcels, located at 937 Allen Rd and 2811 Patriot Way, are being sold together. The property benefits from multiple zoning possibilities, including OR and OV-Air designations, allowing for diverse development options. The existing church occupant will require up to six months post-closing to vacate, details of which are negotiable upon offer acceptance. The church board's approval is required for all contracts, necessitating additional processing time. The asking price is $3,500,000. This is a Class B property with two units and is classified as a mixed-use, multifamily, office, and special purpose investment, suitable for owner-users seeking redevelopment potential. The property is conveniently located in Donelson, near the Nashville Airport. Note that the church building will not be sold separately

Property profile
Verified
Property type Churches & religious facilities
Total area 9,600 SF
Lot 2.65 ac (115,434 SF)
UPID US80-0893662
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
  • Nashville Christian Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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