5203 Maryland WayBrentwood, TN 37027

Property Details for 5203 Maryland Way

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.54 AC

Property size (Sq ft)

26,256 SF

Property type

Office properties

APN

094011A C 01000

APU

094011AC01000

Description

This Brentwood, Tennessee office space, located at 5203 Maryland Way, offers approximately 1,826 square feet of move-in ready space within the Brewer Building. Situated in the Maryland Farms submarket, this Class B building boasts a prime location, easily accessible from major thoroughfares including Old Hickory Boulevard, Franklin Road, Granny White Pike, and Interstate 65. The suite itself features a functional layout including four private offices, two conference rooms, a reception area, and a small breakroom, ideal for a variety of business needs. The Brewer Building, constructed in 1989, is a two-story structure with a total of 23,956 square feet and provides 60 parking spaces for tenants and visitors. Building amenities include elevators. The property sits on three acres of land and is zoned C01. Its convenient location offers proximity to numerous restaurants and retail options, enhancing the overall appeal for employees and clients alike. This exceptional opportunity presents a chance to establish a presence in a thriving Brentwood business community. The property's address is 5203 Maryland Way, Brentwood, TN 37027, with the cross street being Westpark Drive. The APN is 011A-C-010.00. This listing is for approximately 1,826 square feet of vacant space in a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $4,535,778

  6.5%

  $4,186,872

  7%

  $3,887,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,260,116

  Geo Method

  $2,260,116

• Alternative Use

  Use

  Valuation

  Residential

  $5,191,722

  Hospitality

  $4,755,589

  Educational

  $3,956,594

  Medical

  $4,092,668

  Retail

  $6,154,702

Location Insight

City

Brentwood

County

Williamson

State

Tennessee

Latitude

36.0336

Longitude

-86.804

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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