842 Conference DrGoodlettsville, TN 37072

Property Details for 842 Conference Dr

Year built

1999

Lot size

1.46 AC

Property size (Sq ft)

17,754 SF

Zone code

6ZZ

Property type

Retail properties

Property subtype

Strip malls

APN

026-00-0-105-00

APU

2600010500

Description

North Creek Plaza, located at 842 Conference Drive in Goodlettsville, Tennessee, presents a compelling investment opportunity. This single-story, 16,529 square foot retail center (including a 2,517 square foot mezzanine) was built in 1999 and renovated in 2000. Currently, 2,100 square feet of retail space is available for lease within this multi-tenant property situated on a 1.46-acre lot. The property boasts ample parking with 121 spaces and is zoned for Commercial Services Limited. Its convenient location offers excellent visibility and accessibility, just 10 miles north of downtown Nashville, near the Dollar General Corporate Headquarters and the I-65/Vietnam Veterans Boulevard interchange. The Davidson County property (APN: 026 00 0 105) offers investors a chance to acquire a strategically positioned asset at a price significantly below replacement cost. The property's strong location and existing infrastructure make it an ideal investment for those seeking a retail space in a thriving area. The available space presents a unique opportunity for businesses seeking a well-maintained and conveniently located retail presence.

• CAP approach

  CAP return

  Valuation

  6%

  $4,508,549

  6.5%

  $4,161,738

  7%

  $3,864,471

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,851,226

  Geo Method

  $3,851,226

• Alternative Use

  Use

  Valuation

  Residential

  $3,510,582

  Hospitality

  $3,215,674

  Educational

  $2,675,403

  Medical

  $2,767,414

  Retail

  $4,161,738

Location Insight

City

Goodlettsville

County

Davidson

State

Tennessee

Latitude

36.3178

Longitude

-86.701

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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