311 Plus Park BlvdNashville, TN 37217

Property Details for 311 Plus Park Blvd

Year built

1973

Lot size

4.00 AC

Property size (Sq ft)

35,996 SF

Zone code

MULTI-ZONE

Property type

Office buildings

APN

106-00-0-122-00

APU

10600012200

Description

This exceptional 1,680-square-foot traditional office space presents a unique opportunity for businesses seeking a modern, efficient workspace in the heart of Nashville. The property boasts a completely renovated interior, offering an open shell space ready for immediate occupancy or custom build-out to perfectly suit your company's specific needs. Features include 9-foot finished ceilings, brand new flooring, and a highly efficient central heating and air conditioning system. The open floor plan layout provides maximum flexibility and encourages collaboration. The building itself is exceptionally well-maintained, featuring professionally managed common areas, ensuring a professional and comfortable environment for your employees and clients. Its excellent location provides easy access to major freeways, simplifying commutes and logistics. This single-tenant occupancy offers privacy and control, making it an ideal solution for businesses seeking a prestigious and functional office space in a thriving urban center. Don't miss this chance to secure a prime location in Nashville's dynamic business district. This move-in ready space is perfect for a variety of businesses seeking a modern and efficient workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $7,047,500

  6.5%

  $6,505,390

  7%

  $6,040,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,098,540

  Geo Method

  $3,098,540

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,241,900

  Retail / Commercial

  $6,388,340

  Mixed-Use / Specialty

  $6,452,830

  Hospitality / Lodging

  $4,847,850

  Institutional / Educational

  $6,739,530

  Residential Income

  $7,885,250

  Multifamily

  $8,973,370

  Automotive / Energy

  $5,776,740

  Parking / Income-Based Land

  $1,907,270

  Restaurant / Food Service

  $3,542,400

  Healthcare / Senior Housing

  $6,527,770

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.1303

Longitude

-86.7259

CBSA code

34980

CBSA name

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

Property Tax & Assessments

FAQs

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