591 Council AveGallatin, TN 37066

  • Warehouses
  • 29,380 SF
For Sale
$2,130,000 View listing

Property Details for 591 Council Ave

Year built
1950
Lot size
3.20 AC
Property size (Sq ft)
29,380 SF
Property type
Warehouses
APN
083113K L 00500
APU
083113KL00500

Description

This 29,380-square-foot warehouse in Gallatin, Tennessee, is available for sale at $2,130,000 ($72.50/SF). Built in 1950, this single-story building sits on a 3.2-acre lot and features three loading docks and a 10x13 drive-in door. Ceiling heights range from 14 to 18 feet. The property includes an office area and ample parking. The warehouse boasts two-phase electrical power. Currently, the two side yards are leased separately for $6,000 per month until February 15, 2029. The warehouse itself is vacant but can be leased for $5.50 per square foot, with taxes and insurance paid by the owner. The property is conveniently located within walking distance of the 650-acre Nexus mixed-use development and minutes from downtown Gallatin, US-31E, and Highway 109. Buyer verification of zoning for intended use is recommended. Owner financing is available, and proof of funds is required before showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,809,445
    Hospitality
    $5,321,420
    Educational
    $4,427,359
    Medical
    $4,579,623
    Retail
    $6,887,003

Location Insight

City
Gallatin
County
Sumner
State
Tennessee
Latitude
36.3979
Longitude
-86.4501
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
$4,332
$131,120
$10,800
$141,920
-
$327,800
$27,000
$354,800

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