9000 Church StBrentwood, TN 37027

  • Industrial properties
  • 19,608 SF
For Sale
$1,750,000 View listing

Property Details for 9000 Church St

Year built
1984
Lot size
0.54 AC
Property size (Sq ft)
19,608 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
094011B D 02300
APU
094011BD02300

Description

This exceptional investment opportunity presents a 99-unit, non-climate controlled self-storage facility totaling ±16,209 square feet (gross building area) and ±13,094 square feet of net rentable area. Located in Brentwood, Tennessee, at 9000 Church St E, 37027, this Class C property sits on a 0.54-acre lot and boasts 328 feet of high-visibility frontage along Interstate 65, experiencing an average daily traffic count of 157,000 to 168,000 vehicles in 2023. The property, built in 1984, is a three-story building with one loading dock and is zoned C-3 (Commercial Service Warehouse), offering significant flexibility for future development or conversion. Currently operating with a gross lease structure and 99 tenants, the property generates a pro-forma NOI of $125,223, representing a 7.16% pro-forma cap rate. The asking price is $1,750,000, translating to $107.96 per square foot and $17,676.77 per unit. The land value alone is $85.02 per square foot. Additional income is generated from a long-term billboard lease extending through 2034. This gated facility offers easy access and presents a compelling value-add opportunity with strong potential for long-term cash flow growth through conversion or redevelopment. The property is minutes from downtown Nashville and situated in the highly desirable Brentwood, Williamson County area. The APN is 011B D 023.00 000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,877,182
    Hospitality
    $3,551,478
    Educational
    $2,954,788
    Medical
    $3,056,407
    Retail
    $4,596,336
9000 Church St, Brentwood, Tennessee

Location Insight

City
Brentwood
County
Williamson
State
Tennessee
Latitude
36.0344
Longitude
-86.7827
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,848
$115,680
$199,920
$315,600
-
$289,200
$499,800
$789,000

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