9730 Shelbyville PikeBell Buckle, TN 37020

Property Details for 9730 Shelbyville Pike

Year built

1945

Lot size

1.70 AC

Property size (Sq ft)

4,738 SF

Property type

Auto shops

APN

185-043.00-000

APU

18504300000

Description

This exceptional 4,738-square-foot retail property, located at 9730 Shelbyville Pike in Bell Buckle, Tennessee, presents a unique investment opportunity. Built in 1945 and situated on a generous 1.7-acre lot, the property boasts commercial zoning. The asking price is $550,000, translating to $116.08 per square foot. Currently operating as a successful used car dealership specializing in wrecked vehicle repair, the business offers significant potential for continued profitability. The business itself shows gross sales exceeding $750,000 annually for the past three years, with average gross profits of $21,300 per month. The property is available for lease at $3,750 per month NNN. A substantial inventory valued at over $600,000 (subject to daily fluctuation) is also available for purchase at cost. The existing shop is well-suited for both mechanical and body repair work. This turnkey operation offers a rare blend of real estate and established business, providing immediate income potential and significant upside. The property's location in Rutherford County, zip code 37020, offers excellent visibility and accessibility. This is an exceptional opportunity for an investor seeking a profitable, established business with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,473,098

  6.5%

  $1,359,783

  7%

  $1,262,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,944,867

  Geo Method

  $1,027,775

• Alternative Use

  Use

  Valuation

  Residential

  $1,147,028

  Hospitality

  $1,050,671

  Educational

  $874,146

  Medical

  $904,209

  Retail

  $1,359,783

Location Insight

City

Bell Buckle

County

Rutherford

State

Tennessee

Latitude

35.6594

Longitude

-86.4235

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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