2601 Westwood DrNashville, TN 37204
- Office properties
- 3,182 SF
Property Details for 2601 Westwood Dr
- Year built
- 1935
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 3,182 SF
- Zone code
- 4ZZ
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 118-02-0-213-00
- APU
- 11802021300
Description
This exceptional investment opportunity presents a vacant, 5,860-square-foot, two-story office building situated on a 0.4-acre lot in Nashville's desirable Berry Hill neighborhood. The property, located at 2601 Westwood Drive, boasts a Class B designation and features multiple private offices, a kitchen, and a modern conference room, making it ideal for a variety of uses. Its prime location offers convenient access to downtown Nashville (less than three miles), Wedgewood Houston (less than two miles), and the thriving Berry Hill area (less than one mile). The building benefits from its proximity to major highways I-65 and I-440, ensuring easy commutes for employees and clients. The 4ZZ zoning provides flexibility for future development or adaptation. The asking price is $4,102,000, translating to $700 per square foot. This fee-simple ownership opportunity presents a strong return on investment, particularly given the property's location and potential for future growth. The property's address is 2601 Westwood Drive, Nashville, Tennessee, 37204, with Davidson County APN 118-02-0-213-00. There is also a potential assemblage opportunity with an adjacent property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $549,697
- 6.5%
- $507,413
- 7%
- $471,169
-
Comparable approach
- Method
- Valuation
- Relative Method
- $273,907
- Geo Method
- $273,907
-
Alternative Use
- Use
- Valuation
- Residential
- $629,192
- Hospitality
- $576,336
- Educational
- $479,505
- Medical
- $495,996
- Retail
- $745,897
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.1252
- Longitude
- -86.7757
- 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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