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2702 Greystone Rd 5,610 SF Vacant Office Building Nashville, TN 37204 $1,999,000 ($356.33/SF) 4.85% Cap Rate



Investment Highlights
- 5,610 SF office/showroom building updated with additional space added in 2017
- Ideal opportunity for owner-users, investors, or redevelopment-oriented buyers with strong long-term upside
- Excellent Nashville location with convenient access to major thoroughfares and surrounding commercial growth
Executive Summary
Here are polished CoStar/LoopNet sale notes you can use for 2702 Greystone Rd. I geared them toward investor/developer appeal with strong commercial language while still being flexible if you adjust pricing or positioning.
2702 Greystone Rd presents a rare opportunity to acquire a well-located property in one of Nashville’s most rapidly evolving corridors. Positioned with convenient access to major thoroughfares, retail amenities, and surrounding residential growth, the property offers strong potential for owner-users, investors, or redevelopment-oriented buyers.
The site benefits from excellent accessibility and proximity to key Nashville employment and lifestyle hubs while maintaining a desirable neighborhood setting. Demand drivers in the immediate area continue to strengthen due to ongoing population growth, infrastructure investment, and limited available inventory.
Potential uses may include renovation, repositioning, long-term hold, or redevelopment, subject to zoning and buyer due diligence. The property’s location, visibility, and surrounding growth trends create an attractive opportunity for buyers seeking appreciation potential in a supply-constrained market.
Highlights:
• Desirable Nashville location with strong surrounding growth
• Convenient access to major transportation corridors
• Attractive opportunity for investors, developers, or owner-users
• Potential value-add and redevelopment upside
• Limited inventory in the immediate trade area
• Strong long-term appreciation fundamentals
Contact broker for additional details and property information.
2702 Greystone Rd presents a rare opportunity to acquire a well-located property in one of Nashville’s most rapidly evolving corridors. Positioned with convenient access to major thoroughfares, retail amenities, and surrounding residential growth, the property offers strong potential for owner-users, investors, or redevelopment-oriented buyers.
The site benefits from excellent accessibility and proximity to key Nashville employment and lifestyle hubs while maintaining a desirable neighborhood setting. Demand drivers in the immediate area continue to strengthen due to ongoing population growth, infrastructure investment, and limited available inventory.
Potential uses may include renovation, repositioning, long-term hold, or redevelopment, subject to zoning and buyer due diligence. The property’s location, visibility, and surrounding growth trends create an attractive opportunity for buyers seeking appreciation potential in a supply-constrained market.
Highlights:
• Desirable Nashville location with strong surrounding growth
• Convenient access to major transportation corridors
• Attractive opportunity for investors, developers, or owner-users
• Potential value-add and redevelopment upside
• Limited inventory in the immediate trade area
• Strong long-term appreciation fundamentals
Contact broker for additional details and property information.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
5,610 SF
Building Class
B
Year Built/Renovated
1951/2017
Price
$1,999,000
Price Per SF
$356.33
Cap Rate
4.85%
NOI
$96,920
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,805 SF
Building FAR
0.50
Lot Size
0.26 AC
Zoning
4ZZ - Specialty
Parking
8 Spaces (1.43 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Building 1 | Up to 3,260+ SF Two Stories First Story - 1,400+ SF Second Story - 1,860+ SF Building 2 | 2,350+ SF
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,400-5,610 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 1,400-5,610 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 1,400-5,610 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Building 1 | Up to 3,260+ SF Two Stories First Story - 1,400+ SF Second Story - 1,860+ SF Building 2 | 2,350+ SF
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 118-07-0-055 | Improvements Assessment | $296,640 |
| Land Assessment | $453,040 | Total Assessment | $749,680 |
Property Taxes
Parcel Number
118-07-0-055
Land Assessment
$453,040
Improvements Assessment
$296,640
Total Assessment
$749,680
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2702 Greystone Rd
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