213 Maplewood LnNashville, TN 37207

Property Details for 213 Maplewood Ln

Year built

2006

Property size (Sq ft)

10,595 SF

Zone code

CS

Property type

Office buildings

APN

060-04-0A-200-00

APU

060040A20000

Description

This exceptional investment opportunity presents a fully leased, stabilized office complex in Nashville, Tennessee. The property, known as Maplewood Office Park, consists of two single-story buildings totaling 24,621 square feet situated on a 3.8-acre lot. Built in 2006, the Class B property boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $419,423, resulting in a compelling 6.75% capitalization rate. The asking price is $6,215,000, translating to $252.43 per square foot. The property features ample parking and a secure location, conveniently situated just off I-65 and Dickerson Road, providing easy access to Nashville's central business district, workforce, shopping, and schools. The buildings are well-maintained and professionally managed, offering a turnkey investment opportunity. The property is zoned CS and benefits from built-in rent bumps. Detailed financial information, including the rent roll, is available upon request and execution of a non-disclosure agreement. This multi-tenant property presents significant upside potential for a savvy investor seeking a strong return in a thriving market. The campus-like setting provides a desirable environment for tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $1,830,308

  6.5%

  $1,689,515

  7%

  $1,568,836

• Comparable approach

  Method

  Valuation

  Relative Method

  $912,018

  Geo Method

  $912,018

• Alternative Use

  Use

  Valuation

  Residential

  $2,094,999

  Hospitality

  $1,919,008

  Educational

  $1,596,592

  Medical

  $1,651,501

  Retail

  $2,483,588

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.2327

Longitude

-86.7602

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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