2601 Westwood DrNashville, TN 37204

  • Office properties
  • 3,182 SF
For Sale
$4,102,000 View listing

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
2601 Westwood Dr, Nashville, Tennessee

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

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
$13,801
$376,360
$95,960
$472,320
-
$940,900
$239,900
$1,180,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].