5120 Virginia WayBrentwood, TN 37027

Property Details for 5120 Virginia Way

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.03 AC

Property size (Sq ft)

1,322 SF

Property type

Office properties

Property subtype

Other office properties

APN

094011A B 00100C007

APU

094011AB00100C007

Description

This exceptional 1,346 square foot Class A office space is ideally situated in the prestigious Maryland Farms business center of Brentwood, Tennessee. Located at 5120 Virginia Way, Suite B21, this single-tenant property underwent a complete renovation in 2022, boasting a contemporary design and efficient layout. The space features a dedicated conference room, three private offices, a convenient kitchenette, and a welcoming reception area. Currently configured for a graphic design business, this versatile space is well-suited for a variety of professional uses, including chiropractic or other healthcare practices, or traditional office settings. The property is a single-story building within the Paddock II complex and is zoned for commercial use. The HOA fee is $260 per month. Utilities are the responsibility of the tenant. This move-in ready office is available for occupancy on December 15th, offering a prime opportunity to establish a thriving business in a highly desirable Brentwood location. The property's address is 5120 Virginia Way, Suite B21, Brentwood, TN 37027.

• CAP approach

  CAP return

  Valuation

  6%

  $228,378

  6.5%

  $210,811

  7%

  $195,753

• Comparable approach

  Method

  Valuation

  Relative Method

  $113,798

  Geo Method

  $113,798

• Alternative Use

  Use

  Valuation

  Residential

  $261,405

  Hospitality

  $239,446

  Educational

  $199,216

  Medical

  $206,067

  Retail

  $309,892

Location Insight

City

Brentwood

County

Williamson

State

Tennessee

Latitude

36.0325

Longitude

-86.8038

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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