307 Southgate CtBrentwood, TN 37027

  • Office properties
  • 12,172 SF
For Lease
$28/SF/YR View listing

Property Details for 307 Southgate Ct

Year built
1988
Lot size
1.16 AC
Property size (Sq ft)
12,172 SF
Property type
Office properties
APN
094053K B 00900
APU
094053KB00900

Description

This exceptional office property, located at 307 Southgate Ct in Brentwood, Tennessee (zip code 37027), offers 3,425 to 3,650 square feet of versatile space. The building, which underwent a complete renovation in 2023, features a single building on 1.16 acres of land and comprises three total suites. Currently, 3,650 square feet is available for lease. The space boasts a modern design, including a welcoming lobby/reception area, open workspace, seven private offices, a dedicated conference room, an attractive kitchen, private restrooms, and a convenient copy/work room. This property is ideally situated in the Cool Springs area, providing easy access to Interstate 65. The lease rate is $28 per square foot, modified gross. The property's flexible design makes it suitable for a variety of office uses, including traditional office, creative office, and medical office settings. This is a rare opportunity to secure high-quality, recently renovated office space in a prime Brentwood location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,102,738
    6.5%
    $1,940,989
    7%
    $1,802,347
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,047,766
    Geo Method
    $1,047,766
  • Alternative Use

    Use
    Valuation
    Residential
    $2,406,826
    Hospitality
    $2,204,640
    Educational
    $1,834,235
    Medical
    $1,897,317
    Retail
    $2,853,254

Location Insight

City
Brentwood
County
Williamson
State
Tennessee
Latitude
35.9566
Longitude
-86.8214
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,273
$263,080
$592,160
$855,240
-
$657,700
$1,480,400
$2,138,100

FAQs

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