CREVaultAuditable comparable-sales intelligence
Report date
2026-09-09

1021 DR MARTIN L KING JR BLVD, NASHVILLE, TN, 37203

industrial · parcel 09305019500 · Davidson County, TN

Subject

Building size: 19,280 SF
Units:
Year built:
Last arm’s-length sale: $447,943 on 1992-11-24 (warranty)
Assessor appraised (reference): $27,991,650
Land: 1.19 ac

Valuation conclusion

$5,245,702
Indicated range $484,313 – $7,766,755 · basis ppsf_median · confidence 0.30 · 14 comps · scope zip

Comparable sales (14)

#AddressSale dateSale priceSizeRate (SF)DistanceIndicated ($/SF)Source
1208 17TH AVE N2025-08-25$1,600,0002,496 SF$641/SF0.54 mi$12,359,058davidson_tn_cre
2605 MERRITT AVE2022-04-27$3,350,0008,000 SF$418/SF1.88 mi$8,073,500davidson_tn_cre
3105 RAINS AVE2022-02-16$3,400,00011,565 SF$293/SF2.07 mi$5,668,127davidson_tn_cre
4510 MERRITT AVE2021-12-18$18,750,00045,193 SF$414/SF1.94 mi$7,999,079davidson_tn_cre
5924 VINE ST2021-11-01$2,950,00011,792 SF$250/SF1.34 mi$4,823,277davidson_tn_cre
6510 REP JOHN LEWIS WAY S2019-08-12$1,100,0003,000 SF$366/SF0.95 mi$7,069,397davidson_tn_cre
7526 HAGAN ST2018-09-27$1,062,5003,316 SF$320/SF1.76 mi$6,177,697davidson_tn_cre
8535 LAFAYETTE ST2018-05-31$1,500,0002,240 SF$669/SF1.00 mi$12,910,659davidson_tn_cre
9417 HOUSTON ST2015-02-06$500,0002,100 SF$238/SF1.88 mi$4,590,568davidson_tn_cre
10809 16TH AVE N2014-03-19$167,50015,870 SF$10/SF0.62 mi$203,404davidson_tn_cre
111125 8TH AVE S1999-11-02$895,00023,511 SF$38/SF1.50 mi$733,989davidson_tn_cre
12710 6TH AVE S1990-11-01$290,00013,944 SF$20/SF1.09 mi$401,024davidson_tn_cre
13928 REP JOHN LEWIS WAY S1985-09-27$150,0007,440 SF$20/SF1.37 mi$388,684davidson_tn_cre
142000 LINDELL AVE1984-10-26$280,00013,750 SF$20/SF2.19 mi$392,540davidson_tn_cre
0 non-market low outlier(s) excluded by the pool-relative floor.

Methodology & purity

Comparable sales are limited to VERIFIED, arm's-length, non-distressed, non-estimated recorded sales of the same property type within zip. Nominal / quitclaim / intra-family transfers, foreclosure & other distressed deeds, estimated prices, and multi-parcel deeds are excluded; 0 presumptive non-market low outlier(s) were excluded by the pool-relative floor. No qualitative (condition, location, or time) adjustments are applied — each comp's indicated value is a pure size-normalization (price per square foot) applied to the subject. The concluded value is the median of the qualified comp set's rate (an AVM, not a certified appraisal).

Exclusion log — what we refused, and why

0 excluded candidate(s) in scope.

AddressSale dateSale priceDeed typeReason(s)
No excluded candidates in this subject’s comp scope.

Provenance

Sources: davidson_tn_cre · 14 comps · retrieved 2026-08-01T20:11:40