1015 Whites Creek PikeNashville, TN 37207

Property Details for 1015 Whites Creek Pike

Year built

1950

Lot size

0.06 AC

Property size (Sq ft)

1,696 SF

Zone code

MULTI-ZONE

Property type

Strip malls

Property subtype

Neighborhood centers

APN

082-02-0-007-00

APU

8202000700

Description

This exceptional mixed-use property, encompassing two lots at 1015-1017 Whites Creek Pike in Nashville, Tennessee, presents a compelling investment opportunity. The 1,368 square foot building currently operates as a strip center with office spaces, situated on a 0.06-acre lot. The property boasts month-to-month leases, offering immediate income potential and significant flexibility for future development plans. The existing structure provides a solid foundation for continued operation while allowing for a variety of redevelopment options to capitalize on the property's prime location. The strategic location provides stunning views of the Nashville downtown skyline, enhancing its appeal and potential for increased value. The asking price is $1,200,000. This property is ideal for investors seeking a high-yield asset with substantial upside potential, whether through continued operation of the existing businesses or through comprehensive redevelopment. The flexibility of the month-to-month leases allows for immediate control and strategic planning for the future. Don't miss this chance to acquire a valuable piece of Nashville real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $430,692

  6.5%

  $397,562

  7%

  $369,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $367,899

  Geo Method

  $367,899

• Alternative Use

  Use

  Valuation

  Residential

  $335,358

  Hospitality

  $307,186

  Educational

  $255,575

  Medical

  $264,365

  Retail

  $397,562

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.1907

Longitude

-86.7745

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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].