933 Visco DrNashville, TN 37210
- Office properties
- 3,346 SF
Property Details for 933 Visco Dr
- Year built
- 1986
- Lot size
- 0.64 AC
- Property size (Sq ft)
- 3,346 SF
- Zone code
- IR
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 094-10-0-041-00
- APU
- 9410004100
Description
This 8,240-square-foot warehouse in Nashville, Tennessee, presents a unique owner-user or investment opportunity. Located at 933 Visco Dr, this single-story, 1986-built building sits on a 0.64-acre lot zoned IR, OV-FLD. The property boasts one dock-high door and offers 100% occupancy. Priced at $2,350,000 ($285.19/sq ft), it's ideally situated approximately 2.5 miles from downtown Nashville, providing convenient access to interstates I-40 (approximately 1.0 miles) and I-24 (approximately 2.0 miles). The property benefits from strong submarket fundamentals, with limited industrial development and low vacancy rates, creating high demand for similar properties. This presents a rare chance to acquire a well-located, functional warehouse in a thriving market. The building's single-tenant occupancy ensures a stable investment, while its size and features make it suitable for a variety of owner-user applications. The strategic location and favorable market conditions make this an attractive proposition for both investors and businesses seeking a functional and well-positioned space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $578,028
- 6.5%
- $533,565
- 7%
- $495,453
-
Comparable approach
- Method
- Valuation
- Relative Method
- $288,024
- Geo Method
- $288,024
-
Alternative Use
- Use
- Valuation
- Residential
- $661,620
- Hospitality
- $606,041
- Educational
- $504,219
- Medical
- $521,560
- Retail
- $784,340
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.1585
- Longitude
- -86.7406
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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