500 Interstate BlvdNashville, TN 37210

  • Office buildings
  • 37,996 SF
For Lease
$288/SF/YR View listing

Property Details for 500 Interstate Blvd

Year built
1973
Lot size
3.67 AC
Property size (Sq ft)
37,996 SF
Zone code
IWD
Property type
Office buildings
APN
105-12-0-051-00
APU
10512005100

Description

This exceptional 9,525-square-foot office space is located at 500 Interstate Blvd S, Ste 300, Nashville, TN 37210. Situated in a four-story building constructed in 1973 and extensively renovated in 2015, this single-tenant property offers a desirable traditional office layout. The space boasts a generous open floor plan complemented by private exterior offices, providing a flexible and adaptable environment for various business needs. Occupying an entire floor, this suite offers unparalleled privacy and control. The high ceilings, measuring 10 feet, contribute to a spacious and airy atmosphere. The building is equipped with elevators for convenient access to all floors. The total building size is 38,099 square feet. Existing furniture may be included in the lease terms, subject to negotiation. This property presents a unique opportunity to secure a well-maintained, conveniently located, and highly functional office space in the thriving Nashville market. The address is easily accessible and offers ample parking. This is an ideal location for businesses seeking a prestigious and efficient workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,563,888
    6.5%
    $6,058,973
    7%
    $5,626,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,270,696
    Geo Method
    $3,270,696
  • Alternative Use

    Use
    Valuation
    Residential
    $7,513,127
    Hospitality
    $6,881,984
    Educational
    $5,725,730
    Medical
    $5,922,646
    Retail
    $8,906,691

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1327
Longitude
-86.7565
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
$85,044
$380,480
$2,233,040
$2,613,520
-
$951,200
$5,582,600
$6,533,800

FAQs

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