1641 Westgate CirBrentwood, TN 37027

Property Details for 1641 Westgate Cir

Year built

1997

Lot size

2.02 AC

Property size (Sq ft)

12,306 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

094054A C 02000

APU

094054AC02000

Description

This exceptional 12,370-square-foot auto shop, situated on a spacious 2.02-acre lot in Brentwood, Tennessee, presents a unique investment opportunity. Located at 1641 Westgate Circle, zip code 37027, this vacant property boasts a prime location with excellent visibility and accessibility. Built in 1997 and renovated in 2012, the building features a striking architectural design, including cool window systems and a standing seam roof. The property offers ample parking with 100 stalls, exceeding market standards. Its C2-SR zoning allows for diverse redevelopment possibilities, including a 37,000-square-foot medical office building or a 45,000-square-foot office complex. The property benefits from high traffic counts, with 150,085 vehicles daily on I-65 and 19,458 vehicles daily on Moores Lane, providing exceptional freeway signage visibility. This centrally located property, between Brentwood and Franklin, offers a full building opportunity for a variety of uses, including office, medical office, retail, or special purpose. The asking price is $6,500,000, and the lease type is NNN. This is a rare chance to acquire a substantial property with significant redevelopment potential in a thriving Tennessee market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,125,054

  6.5%

  $2,884,665

  7%

  $2,678,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,669,437

  Geo Method

  $2,669,437

• Alternative Use

  Use

  Valuation

  Residential

  $2,433,323

  Hospitality

  $2,228,911

  Educational

  $1,854,428

  Medical

  $1,918,204

  Retail

  $2,884,665

Location Insight

City

Brentwood

County

Williamson

State

Tennessee

Latitude

35.9691

Longitude

-86.8043

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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