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600 46th Ave N
Nashville, TN 37209
Asking Price
$3.65M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.62 acres <ul><li>Potential Development Site in the Charlotte Ave Corridor</li><li>±0.62 Acres</li><li>Sale Price: $3,650,000</li><li>Site previously approved for an 11,581 SF shop</li><li>Existing steel package for building potentially available</li><li>Prominent corner location with significant frontage on 46th Ave N. and Delaware Ave</li><li>Zoned CI: Commercial Limited / Uzo: Urban Zoning Overlay</li><li>Site offers immediate access to I-40</li><li>Strategically positioned in the Nations - on
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NOI
$80,000
Cap Rate
2.19%
DSCR
0.37
Underwater
Cash-on-Cash
-12.48%
Monthly Payment
$18,058.208
Annual Cash Flow
$-136,698.502
