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    Property profile & analytics
    OFF-MARKET Estimated value $885,000
    Parking lots & garages

    938 Allen Rd, Nashville, TN 37214

    0.46 ac lot
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US80-3383902
    Property summary
    AI-generated overview

    This exceptional 0.46-acre commercial land parcel presents a unique investment opportunity in Nashville, Tennessee. Located at 938 Allen Road, Davidson County, zip code 37214, this property is zoned CS - Commercial Service and offers significant potential for development. The site boasts convenient access to major thoroughfares, including the intersection of Allen Road and Donelson Pike, and is situated just north of Interstate 40, providing easy connectivity to the entire Nashville Metropolitan Statistical Area. The property is owned by Circle K Stores, Inc. and comes with specific use restrictions. Prospective buyers should be aware that the land cannot be used for the sale of food or food products, dairy products, coffee or coffee-based products, soft drinks (except through vending machines or in a sit-down restaurant/bar), convenience store operations, gasoline or motor fuels, electronic cigarettes, cigarettes, tobacco products, beer and wine for off-premises consumption, food trucks, lottery tickets, self-service or full-service car washes, national discount variety stores (including but not limited to Dollar General, Dollar Tree, 99 Cents Only, or Family Dollar), or any use ancillary to these restricted activities (including parking lots or stormwater retention ponds). The parcel's APN is 096-13-0-181-00. The asking price for this strategically located commercial land is $1,800,000. This property offers a compelling opportunity for investors seeking a well-positioned site in a thriving market, subject to the outlined use restrictions. Detailed zoning information and site plans are available upon request.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Lot 0.46 ac (20,038 SF)
    Zoning code CL
    APN 096-13-0-181-00
    UPID US80-3383902
    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
    $990k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $885k
    Owner & transaction history
    Mina Kamel · 1 yrs held
    Mina Kamel
    since 2025
    Last sale
    $800,000
    6 recorded transactions
    2025
    $800,000
    2023
    $1.0M
    2014
    2014
    $160,000
    2014
    2005
    $144,000
    Zoning & alternative use
    CL · Nashville, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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