2821 Lebanon PikeNashville, TN 37214

Property Details for 2821 Lebanon Pike

Year built

1972

Lot size

0.79 AC

Property size (Sq ft)

9,600 SF

Zone code

CS

Property type

Office buildings

APN

096-01-0-069-00

APU

9601006900

Description

This exceptional 9,000-square-foot executive office building at 2821 Lebanon Pike in Nashville, Tennessee, presents a unique owner-user opportunity. Ideally situated just off the intersection of Donelson and Lebanon Pike, this property boasts a highly desirable location with convenient access to major thoroughfares. Completely renovated in 2023, the building offers modern, built-out office space ready for immediate occupancy. The property includes ample parking with 30 spaces available for employees and clients. The building features a new roof installed in 2023, ensuring long-term structural integrity and reduced maintenance costs. Currently operating on month-to-month leases, this presents a flexible option for an owner-user seeking to establish a strong presence in the Nashville market. The asking price for this turnkey executive office space is $1,950,000. This is an excellent investment for a business seeking a high-quality, well-maintained office space in a prime Nashville location. The property is zoned for office use within Davidson County, zip code 37214. The building's address is 2821 Lebanon Pike, Nashville, TN.

• CAP approach

  CAP return

  Valuation

  6%

  $1,658,420

  6.5%

  $1,530,849

  7%

  $1,421,503

• Comparable approach

  Method

  Valuation

  Relative Method

  $826,368

  Geo Method

  $826,368

• Alternative Use

  Use

  Valuation

  Residential

  $1,898,253

  Hospitality

  $1,738,790

  Educational

  $1,446,652

  Medical

  $1,496,405

  Retail

  $2,250,348

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.1666

Longitude

-86.6615

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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