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1300 Pennock Ave 24,472 SF Specialty Building Offered at $13,950,000 at a 10% Cap Rate in Nashville, TN 37207
Investment Highlights
- Convenient location with quick access to Downtown Nashville, Germantown, East Nashville, and major employment centers.
- Strong connectivity to I-24, I-65, and Briley Parkway, providing excellent regional access.
- Rare opportunity to secure property in a high-demand market with strong future redevelopment potential.
- a mix of 5 townhomes, 7 condominiums, and 2 penthouses,
Property Facts
| Price | $13,950,000 | Building Class | B |
| Price Per SF | $570.04 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 24,472 SF |
| Cap Rate | 10% | No. Stories | 3 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Residential Income | ||
| Zoning | R - Residential | ||
| Price | $13,950,000 |
| Price Per SF | $570.04 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 24,472 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | R - Residential |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 071-15-4D-900-00 | Improvements Assessment | $0 |
| Land Assessment | $94,000 | Total Assessment | $94,000 |
Property Taxes
Parcel Number
071-15-4D-900-00
Land Assessment
$94,000
Improvements Assessment
$0
Total Assessment
$94,000
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1300 Pennock Ave