602 Hill AveNashville, TN 37210
- Office properties
- 20,664 SF
Property Details for 602 Hill Ave
- Year built
- 1961
- Property size (Sq ft)
- 20,664 SF
- Zone code
- IR
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 106-06-0A-001-00
- APU
- 106060A00100
Description
This exceptional medical office building, located at 602 Hill Avenue in Nashville, Tennessee, offers 28,000 square feet of prime commercial space for lease. The property is situated in Davidson County, zip code 37210, and boasts ample parking for tenants and their clients. The building is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire 28,000 square feet, or for multiple tenants to lease individual suites. Flexible lease terms are available to accommodate various needs. The minimum leasable space is 3,500 square feet, while the maximum contiguous space available is 21,000 square feet. This versatile property is ideally suited for a variety of medical practices or related businesses seeking a prominent location in a thriving Nashville neighborhood. The building's classification includes both retail and office space, making it suitable for a range of uses within the medical field. Its convenient location and ample parking make it an attractive option for both patients and staff. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,569,749
- 6.5%
- $3,295,153
- 7%
- $3,059,785
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,778,757
- Geo Method
- $1,778,757
-
Alternative Use
- Use
- Valuation
- Residential
- $4,085,989
- Hospitality
- $3,742,744
- Educational
- $3,113,919
- Medical
- $3,221,012
- Retail
- $4,843,874
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.1392
- Longitude
- -86.7343
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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