1 Vantage WayNashville, TN 37228

  • Office buildings
  • 160,067 SF

Property Details for 1 Vantage Way

Year built
1974
Lot size
11.57 AC
Property size (Sq ft)
160,067 SF
Zone code
IWD
Property type
Office buildings
APN
082-01-0-002-00
APU
8201000200

Description

This exceptional 146,240 square foot Class B office building, situated on 12 acres in Nashville's MetroCenter submarket, presents a unique investment opportunity. Built in 1974 and extensively renovated in 2019 (with prior renovations in 1995, 2004, and 2010), this five-building complex offers multiple tenancy options ranging from 2,919 to 13,621 contiguous square feet. The property boasts a convenient location at 1 Vantage Way, near Great Circle Road, and is zoned IWD. On-site amenities include ample free parking (110 surface spaces), a full-service deli, and a dedicated professional management and maintenance staff, along with a courtesy guard and day porter. The four-story building provides a comfortable and efficient workspace, ideal for a variety of businesses. This owner-managed property offers a compelling combination of established infrastructure and modern updates, making it an attractive option for businesses seeking a well-maintained and amenity-rich office environment in a thriving Nashville location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,651,906
    6.5%
    $25,524,836
    7%
    $23,701,634
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,778,567
    Geo Method
    $13,778,567
  • Alternative Use

    Use
    Valuation
    Residential
    $31,650,796
    Hospitality
    $28,991,960
    Educational
    $24,120,970
    Medical
    $24,950,528
    Retail
    $37,521,508

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1915
Longitude
-86.7914
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
$139,271
$2,419,160
$1,860,840
$4,280,000
-
$6,047,900
$4,652,100
$10,700,000

FAQs

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