2624 Music Valley DrNashville, TN 37214

Property Details for 2624 Music Valley Dr

Year built

1984

Construction

FRAME

Lot size

2.97 AC

Property size (Sq ft)

17,017 SF

Zone code

CA

Property type

Retail properties

Property subtype

Turn key restaurants

APN

062-00-0-143-00

APU

6200014300

Description

This exceptional 17,017-square-foot retail property, located at 2624 Music Valley Drive in Nashville, Tennessee, presents a unique investment opportunity. Situated on a 2.97-acre lot, the property boasts ample parking with 160 spaces and is zoned CA - Commercial Attraction. Its prime location offers unparalleled access to major transportation arteries, being just four miles north of I-40 and five miles south of I-65. The property's proximity to Nashville International Airport (BNA), a rapidly expanding hub with over 99 nonstop flights, including international destinations, further enhances its appeal. Benefit from the high traffic generated by nearby attractions such as the Opryland Resort (featuring over 750,000 square feet of meeting space and nearly 2,900 guest rooms) and the Nashville Koa Resort. The property is also surrounded by a vibrant retail landscape, including established brands like Bass Pro Shops, H&M, Regal Cinemas, Dave & Buster's, Nike Factory Store, Old Navy, Madame Tussaud's Wax Museum, Olive Garden, and Rainforest Cafe. The property's versatile zoning allows for a variety of uses, including restaurants, hospitality ventures, entertainment facilities, recreational activities, and RV/boat storage. This is an exceptional opportunity to acquire a high-visibility retail space in one of Nashville's most dynamic and rapidly growing areas. The property's size, location, and zoning make it an ideal investment for a wide range of commercial enterprises. The zip code is 37214.

• CAP approach

  CAP return

  Valuation

  6%

  $4,321,392

  6.5%

  $3,988,976

  7%

  $3,704,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,691,355

  Geo Method

  $3,691,355

• Alternative Use

  Use

  Valuation

  Residential

  $3,364,851

  Hospitality

  $3,082,186

  Educational

  $2,564,342

  Medical

  $2,652,534

  Retail

  $3,988,976

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.2349

Longitude

-86.7062

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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