234 Hancock StGallatin, TN 37066

  • Land
  • 4.00 AC
For Sale
$1,995,000 View listing

Property Details for 234 Hancock St

Lot size
4.00 AC
Property type
Land
Property subtype
Commercial land
APN
083126J B 00200
APU
083126JB00200

Description

This exceptional 4-acre commercial property, located at 234 Hancock St, Gallatin, TN 37066, presents a unique investment opportunity. Zoned for General Commercial Services (GCS), this versatile land offers unparalleled access to major Gallatin arteries: Highway 31E and Highway 109, with traffic signals ensuring safe entry and exit. The property boasts an impressive 444 feet of road frontage, simplifying design and development for a variety of uses. Its ideal location makes it suitable for an office complex, business park, or other commercial ventures. The asking price is $1,995,000. Owned by Eagle Homes LLC, this property is a blank canvas for your next commercial project. The property is classified as Industrial, Land, Mixed Use, and Office, and further categorized as Creative Office, Distribution, and Flex space. This Sumner County location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in a thriving market. The property's flexibility allows for diverse development options, catering to a wide range of commercial needs. Consider the potential of this prime location and its significant road frontage to create a successful and impactful commercial development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,453,292
    Hospitality
    $31,559,028
    Educational
    $26,256,742
    Medical
    $27,159,750
    Retail
    $40,843,820
234 Hancock St, Gallatin, Tennessee

Location Insight

City
Gallatin
County
Sumner
State
Tennessee
Latitude
36.3771
Longitude
-86.4577
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
$5,683
$186,200
-
$186,200
-
$465,500
-
$465,500

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