449 Moss TrlGoodlettsville, TN 37072

Property Details for 449 Moss Trl

Lot size

0.22 AC

Zone code

6ZZ

Property type

Parking lots & garages

APN

026-09-0-078-00

APU

2609007800

Description

This exceptional investment opportunity presents a 3,990 square foot, single-story, Class C retail building currently operating as a 100% occupied daycare center. Located at 449 Moss Trail in Goodlettsville, Tennessee (zip code 37072), this property sits on a 0.75-acre lot with 38 parking spaces and offers significant future development potential. The building, constructed in 1975, is in good repair and benefits from a strong tenant with a credit rating, currently under a net lease (NNN) with a remaining term of 4 years and annual rent bumps of 3%. The asking price is $1,250,000, representing a price per square foot of $313.28 and a 5.00% cap rate. The property is zoned 6Zz for City of Goodlettsville Commercial use and enjoys convenient access to I-65 and the 2-Mile Parkway. This presents a compelling investment opportunity in the desirable Goodlettsville/Rivergate area. The single tenant daycare has proven to be an excellent tenant, providing stability and consistent income. This property is an ideal addition to any diversified investment portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $2,433,560

  6.5%

  $2,246,363

  7%

  $2,085,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,078,760

  Geo Method

  $2,078,760

• Alternative Use

  Use

  Valuation

  Residential

  $1,894,891

  Hospitality

  $1,735,710

  Educational

  $1,444,091

  Medical

  $1,493,755

  Retail

  $2,246,363

Location Insight

City

Goodlettsville

County

Davidson

State

Tennessee

Latitude

36.3106

Longitude

-86.7059

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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